Retailers back online security scheme

Wednesday, 11 June 2003, 2:21 PM EST

Companies including HBOS, Lloyds TSB and Opodo have signed up for the Verified by Visa scheme, aimed at improving consumer confidence in online shopping.

Visa has confirmed that over 4,000 European retailers have now signed up for the initiative, launched in April 2002, alongside 30 acquiring banks (that retailers work with) and 35 issuing banks (which consumers use).

Verified by Visa is designed to improve security for retailers, while boosting customer confidence in online shopping. Customers get a Pin to use online alongside their credit card.

Dave Cooper, head of card fraud at Lloyds TSB, said: "We have been looking for some years for a solution for both card holders and merchants that is user friendly and not too complex.

[ Read more ]




Spotlight

Leveraging network intelligence and deep packet inspection

Posted on 26 November 2014.  |  Tomer Saban, CEO of WireX Systems, talks about how deep packet inspection helps with identifying emerging threats, the role of network intelligence, and more.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  

DON'T
MISS

Thu, Nov 27th
    COPYRIGHT 1998-2014 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //