3DS 2.0 Demands More Attention as Fraud Defense From Issuers and Merchants

While 3D Secure (3DS) has been around for 20 years, merchants have been hesitant to use the security protocol for fear that friction will drive consumers to abandon transactions. Dewald Nolte, chief strategy officer at Entersekt, tells PYMNTS that 3DS 2.0 eliminates several pain points and deserves a second look as fraudsters are more sophisticated than ever.