German bank integrates Netcetera technology for mobile biometric payment authorization
Deutsche Kreditbank AG (DKB) has integrated a modernized 3-D Secure process for biometric payment approval developed collaboratively with software company Netcetera to enable customers to register and authorize card payments via a banking app compliant with PSD2.
Gross e-commerce sales increased by 11.4 percent to €65.1 billion in 2018, and in response to this trend, DKB says it has become one of the first major banks to carry out mobile security procedures in real time. The bank integrated the functions of its DKB Card-Secure app with it banking app to significantly simplify the process.
“Together with Netcetera, we have further developed our banking app so that we can provide our customers with an optimized user experience through biometric authentication,” comments DKB Head of Private Customers Mark Hauel. “This feature is also consistent with our understanding of an advanced online direct bank and digitized processes.”
Once the user’s card is activated for 3-D Secure, transaction details are sent to the user for authorization with the fingerprint or Face ID biometrics supported by the device, and without entering a TAN number or password.
“Our implementation of the latest development in the 3-D Secure environment for DKB is a milestone for digital payment,” says Netcetera Managing Director of Payment Security Peter Frick. “DKB can thus offer the best possible user experience while at the same time ensuring a high level of security.”
Netcetera is a leading provider of 3-D Secure protocol authentication technology in the DACH (Germany, Austria, and Switzerland) region, according to the announcement.
Apple just announced a digital-first credit card, and Samsung is launching smartphone-based card payments for PFS cardholders in the UK as mobile devices are increasingly popular for retail payments both online and in-person.