PSD2 for Banks and Issuers
Cybertonica with its products GoFrictionlessTM and ScreenWiZeTM provides a plug and play system to meet regulatory requirements through real-time Transaction Risk Analysis (TRA) on all payment streams including card, card-not-present and instant payments. Cybertonica manages all typical fraud management processes and threats while modelling risk data to provide Anti-money laundering, Account Takeover and customer authorised fraudulent payments (friendly fraud). And all in a single environment, easy to use for fraud professionals and CROs.
Our products enable SCA exemption management and handling, and help you to fulfil PSD2 defined reporting while providing device safety scores and customer specific risk scores which allows behaviour specific challenges and customer authentication.
PSD2 for PISP and Acquirers
Cybertonica with its products GoFrictionlessTM and ScreenWiZeTM provides real-time Transaction Risk Analysis (TRA) on all payment streams including card, card-not-present and instant payments using machine learning to define customer transactions ahead of processing. The model continuously updates and makes more accurate its criteria from all data monitored in the payments flows, card, open banking data or alternative payments and device behaviour. Our Merchant Monitor dashboard follows your merchant performance criteria and aggregates their individual and segmented results in terms of fraud, chargeback and risk to make sure you can see where your business has opportunity and where it is facing risk.
Our products enable SCA exemption management and handling, and help you fulfil PSD2 defined reporting, delivering updated Reference Fraud Risk information in real-time. Our ScreenWiZeTM behavioural data analytics enhances accuracy and can interact with specific products making customer authentication a continuous process.
Learn more – PISP
Learn more – Acquirers
Low Reference Fraud Rate: The Key for Exemptions from SCA under PSD2
Our GoFrictionlessTM product handles all types of payment events in one-single product combining card, card-not-present and instant payments (PISP services). It allows our customers to calculate in real-time the latest reference fraud rate for each of merchant accounts. To improve your business results, rules can be updated instantly or within hours, no more waiting for a rule writing process that drags for days. As long as the reference fraud rate is below the set PSD2 criteria for the portfolio or a merchant, it enables to apply the SCA exemptions and offer customers a frictionless experience despite PSD2.
Furthermore, with ScreenWiZeTM we are also able to have an influence in real-time the level of authentication required already at the login stage.