CB’s new online payment security service, FAST’R by CB, relies on a directory server that connects e-commerce customers with their banks for authentication; this server is now certified by EMVCo.
This certification is international recognition of this French system and provides an additional guarantee for e-payment stakeholders.
The announcement of this certification also provides an opportunity for CB and its technical partners, STET and equensWorldline, to take stock of the FAST’R by CB pilot programme, which was launched in the field late last year, and to confirm that FAST’R by CB is meeting all expectations.
With three key objectives, FAST’R by CB supports the growth of e-commerce in France: security, efficiency, and compliance.
L’an dernier le e-commerce en France a enregistré
un taux de fraude de 0,173% (source rapport OSMP 2018), en baisse pour la 7ème année consécutive. Grâce à son scoring puissant de détection de la fraude, FAST’R by CB va permettre aux banques émetteurs CB d’estimer avec plus de précision le risque de fraude de la transaction.
Grâce à une analyse des risques rapide, FAST’R by CB va permettre aux banques émetteurs d’avoir recours à l’authentification passive, dite frictionless, chaque fois que cela sera possible et ce dans un contexte réglementaire renforcé.
des opérations de paiements sur internet par carte CB avec la Directive européenne sur les Services de Paiement 2 (DSP2) et ses normes techniques sur l’authentification forte (RTS SCA). Commerçants et banques émetteurs CB pourront s’appuyer sur FAST’R by CB pour gérer les dispositions techniques des RTS et les différentes exemptions à l’authentification forte prévues.
FAST’R by CB also ensures that the card payment data of CB customers and retailers — which is processed and hosted by CB — is handled in France. This is a key governance consideration for the protection of personal data. FAST’R by CB fully complies with the requirements of the GDPR and uses the data strictly for the purpose of combating fraud.
Ultimately, FAST’R by CB represents a commitment to “time to market”: Following an 8-month pilot, FAST’R by CB is gradually being integrated with all technical acceptance providers for CB e-retailers as well as with CB banks in preparation for the introduction of the new regulations on strong customer authentication (PSD2/RTS), on 14 September.
