Marqeta Adds 3D Secure to Its Platform, Providing Customizable Authentication for Online Fraud Mitigation
Summary
OAKLAND, Calif.--(BUSINESS WIRE)--Marqeta, the world’s first global modern card issuing platform, announced the release of its new 3D Secure solution. Twisto will leverage Marqeta’s open APIs to design an authentication experience that utilizes biometrics within its mobile banking app to verify cardholders without having to redirect them to unfamiliar websites or enter passwords. With Marqeta’s APIs, we were able to easily design the authentication process without adding unnecessary friction to the customer experience and are now positioned to expand into new markets faster and more securely,” says Twisto Founder & CEO, Michal Smida. It’s imperative that our customers are provided with complete control over their transactions to help combat fraud and deter risk,” says Marqeta Chief Product Officer, Kevin Doerr. With its open API, the Marqeta platform is designed for businesses who want a simple and tailored way of managing payment programs so that they can create world-class experiences and power new modes of commerce.
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