November 2, 2017
Last week, the PCI Security Standards Council released its specifications around the implementation of 3D Secure 2.0. On the heels of that announcement, American Express on Monday introduced its version of online authentication based on the most recent evolution of 3DS. The company said SafeKey 2.0 will be available for deployment in the spring of 2018 and will be especially valuable as consumers increasingly use mobile devices to make online purchases.
“The number of consumers making purchases through mobile channels is continuing to grow, and the expected growth of Internet-connected devices will further fuel digital commerce activity,” said Jaromir Divilek, executive vice president of Global Network Business for American Express. “SafeKey 2.0 complements American Express’ fraud-prevention capabilities by addressing the evolving needs of merchants, card issuers and Card Members.”