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Security & Convenience in payments: Can consumers have it all?

By Adrian Calvo, Senior Policy Advisor • Visa

August 15, 2016

Convenience and security for consumers and for businesses. That’s the key to sustaining the growth of online payments in a digital single market. Every payment transaction should be secure, but must also be balanced with the need for convenience.

The European Banking Authority has been asked to develop new Regulatory Technical Standards on authentication, and we believe that “Risk Based Authentication” should be a key element of these standards. It’s a great opportunity, and an important subject.

Here’s a short video on why we believe a risk based approach is best for consumers and businesses:

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