UL to facilitate market adoption of 3-D Secure with an enhanced version of UL's Self-Test Platform that streamlines the process of testing and approval of 3-D Secure components by making it scalable, user-friendly and web-based
LEIDEN, Netherlands, Aug. 15, 2018 /CNW/ -- Following the recent announcement by EMVCo, UL, the industry leader in interconnected and cashless solutions, today announced the launch of a versatile web-based platform to support ecosystem stakeholders in advancing the next generation of 3-D Secure.
Based on the latest EMV® 3-D Secure Specification, this new web-based test platform provides an environment where product providers, PSPs, merchants and issuers can perform tests, while they are building and enhancing their 3-D Secure components. Moreover, stakeholders can request approval services from UL's 3DS Testing Laboratory through the platform, cutting down their time-to-market and reducing process complexity.
The platform provides a one-stop EMV 3-D Secure implementation and certification solution. The platform has been validated by a number of beta customers this spring and is now available to all players wishing to implement EMV 3-D Secure in a more automated, user-friendly and scalable way.
Isabelle Noblanc, Vice President & General Manager of UL Identity Management & Security, said: ''We are very proud to be the first to launch this robust testing platform and laboratory for approval services. This all-in-one solution ensures security, performance and user experience for all stakeholders implementing the EMV 3-D Secure technology. It greatly contributes to our promise to empower trust in an interconnected and cashless world.''
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As a global company with more than 120 years of expertise, UL works with customers and stakeholders to help them navigate market complexity. UL brings clarity and empowers trust to support the responsible development, production, marketing and purchase of the goods, solutions, and innovations of today and tomorrow. We connect people to safer, more secure, more sustainable products, services, experiences and environments – enabling smarter choices and better lives.
About EMV 3-D Secure
EMV 3-D Secure is a messaging protocol that enables consumers to authenticate themselves with their card issuers when making card-not-present (CNP) purchases or verifying their identity for various non-payment activities, like adding a payment card to a digital wallet. The exchange of data between the merchant using 3-D Secure and a card issuer to authenticate a cardholder reduces the risk of fraud.
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