Finance
Kucon launches cardholder and card ownership verification service to boost payment security
Kucon has launched an authentication service that checks whether customers hold a card before payment. Payment gateway operators and rental, subscription and e-commerce companies can verify cardholder and ownership information to reduce fraudulent payments and post-settlement risks. Developed in partnership with authentication solution company Chingudot, the service verifies card ownership after mobile identity verification and consent to a credit information inquiry, and can connect via SDK web links or APIs.