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3D Secure v2: A new authentication protocol

4 pointsby inertialover 6 years ago

1 comment

mtgxover 6 years ago
First thought: &quot;frictionless authentication&quot; sounds scary. It usually translates to &quot;less secure authentication.&quot;<p>Second thought: &quot;Why would the banks agree so easily to take on the liability for 3D secure V2?<p>&gt; <i>3D Secure v2 will allow businesses and their payment provider to securely send over 100 data elements on each transaction to the cardholder’s bank. This includes payment-specific data like the shipping address, as well as contextual data, such as the customer’s device ID or previous transaction history.</i><p>Third thought: &quot;Ah, there it is. So it&#x27;s another data grabbing strategy disguised as an upgrade in security.&quot;<p>Fourth thought: &quot;Will we be able to disable this so-called security feature?&quot;