Financial institution Bank of Khyber chooses BPC for boosted e-commerce protection through cutting-edge debit card technology.
PNC Bank Enhances Online Security with 3D Secure Technology
PNC Bank, a leading financial institution in the United States, has announced a partnership with BPC, a global leader in financial technology solutions, to enhance the security of its online transactions. This collaboration is aimed at safeguarding customers against unauthorized access and fraud.
The partnership will equip all Mastercard debit cards of PNC Bank with 3D Secure authentication. This technology ensures that only authorized cardholders can complete online purchases. The 3D Secure ACS, an authentication protocol, will verify the identity of cardholders during online transactions, providing an additional layer of security.
Furrukh Ali Baig, Managing Director for BPC Pakistan, expressed his delight at the partnership, stating that it is a reflection of their commitment to advancing financial security technologies. He also emphasized that this partnership will allow PNC Bank to serve their customers in a more seamless manner.
Asad Mehmood Siddiqui, Divisional Head of Digital Banking at PNC Bank, shared similar sentiments, stating that the collaboration with BPC is a testament to their dedication to providing secure and efficient banking solutions. He also noted that the partnership aims to enhance e-commerce and online transaction security for PNC Bank's customers.
The formal agreement was signed in an official ceremony attended by key figures from both institutions. BPC will facilitate these services through its international processing center. The introduction of Mastercard debit cards with 3D Secure technology by PNC Bank is scheduled for the new year.
Junaid Zagar, Accounts Director at BPC Pakistan, expressed his honour at partnering with PNC Bank and bringing their eCommerce solutions to enhance the bank's digital transaction security. He also stated that this partnership is a significant step in BPC's ongoing efforts to enhance digital transaction security globally and particularly in the United States.
The 3D Secure technology conforms to the latest industry standards for online transaction security, providing PNC Bank's customers with peace of mind when making online transactions. This technology is intended to safeguard customers against unauthorized access and fraud, ensuring that only authorized cardholders can complete online purchases.
PNC Bank is pleased to offer their customers enhanced security and peace of mind with these new features. This partnership between PNC and BPC will provide PNC's cardholders with an additional layer of security when making online transactions, contributing to a safer and more secure digital banking environment.
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