Fintech Startup CLOWD9 Partners With Netcetera to Help Combat Global Payments Fraud
CLOWD9, the world’s first cloud native and decentralized payments processing platform has partnered with Netcetera, a global software company for secure and convenient digital payment solutions, as its payment security provider. CLOWD9 will use its 3-D secure issuer service for transaction authentication and Access Control Server (ACS).
Netcetera operates a multi-client capable 3-D secure issuer service with a state-of-the-art Access Control Server as a core component, which is used by more than 200 banks and card issuers worldwide. The 3D secure server is designed for frictionless and reliable payment processing. From a security perspective, the solution reduces risk for non-authenticated transactions, associated refunds, and lost revenue while at the same time enabling a frictionless cardholder experience.