ThreatMetrix and Visa Expand Relationship to Deliver Intelligent Authentication Across the Customer Journey
Posted October 19, 2017
Digital identity innovations from ThreatMetrix powering the new Visa ID Intelligence platform globally
San Jose, CA – October 19, 2017 – ThreatMetrix®, The Digital Identity Company®, today announced an expansion of its ongoing relationship with Visa, under which Visa will make ThreatMetrix technologies available through the newly unveiled Visa ID Intelligence platform. This fresh offering from Visa will deliver a comprehensive suite of authentication methods from one easy-to-implement hub, providing simplified access to many of the latest innovations in the field.
Visa ID Intelligence offers a curated selection of cutting-edge technologies to overcome the challenges of implementing a complex technology stack across multiple vendors. The aim is to help Visa’s enterprise customers accurately authenticate their users with the least amount of intrusion – enabling consumers to transact online and access banking services in an easy and secure way across desktop and mobile devices.
“Every day individuals are setting up new accounts, logging in and carrying out transactions across multiple sites and apps. Ensuring these transactions are being carried out by legitimate customers and not cybercriminals is of paramount importance,” says Mark Nelsen, senior vice president of risk and authentication products at Visa. “At the same time, consumers expect easier, more convenient ways to pay. That is why Visa is working with innovative companies such as ThreatMetrix to deliver seamless authentication to support the growth of digital payments.”
Visa is leveraging the ThreatMetrix Dynamic Decision Platform™, which features advanced behavioral analytics and embedded machine learning capabilities to deliver insight into the digital identity of users.
“ThreatMetrix is delighted to be working with Visa on this new initiative, which enables digital businesses to tap into cutting-edge authentication technologies,” says Alisdair Faulkner, chief products officer at ThreatMetrix. “This expands our long-term relationship with a highly-valued customer, where we collaborate on the Visa Customer Authentication Service and Visa Checkout to accelerate secure digital transactions.”
ThreatMetrix has been working with Visa for several years, augmenting Visa’s network-level data with anonymized, globally shared intelligence from the ThreatMetrix Digital Identity Network®, which analyzes 75 million daily transactions. This intelligence helps Visa assess online identities in a way that is totally invisible to the user, reducing reliance on passwords and authentication methods that introduce friction. This approach has been deployed globally to secure domestic and cross-border transactions, improving overall card use while reducing fraud.
More information about Visa ID Intelligence can be found at www.visaidintelligence.com.
ThreatMetrix®, The Digital Identity Company®, empowers the global economy to grow profitably and securely without compromise. With deep insight into 1.4 billion anonymized user identities, ThreatMetrix ID™ delivers the intelligence behind 75 million daily authentication and trust decisions, to differentiate legitimate customers from fraudsters in real time.
ThreatMetrix is recognized as the sole Leader in the 2017 Forrester WaveTM for risk-based authentication. Learn more at www.threatmetrix.com.