Financial industry


IXDen software technology secures financial institutions against real-time identity theft and fraud caused by IoT payments

 

IXDen’s innovative software technology targeting banks, credit cards, payment gateways and merchants for securing IoT payments.

The solution addresses increasing security concerns of IoT device payments adoption, including paying home appliances, connected cars and contactless payments by wearable devices

Real Time Paying Device Identity Theft Detection

Fraud Prevention

IXDen technology, effectively reducing Card-Not-Present IoT payment risk to Card-Present level, by authenticating paying IoT device

  • Saving billions of dollars by real time detection of stolen Identity
  • Reduce operational cost from stolen identities
  • Mobile payments generate  $3.3 in costs for every $1 of fraud
  • Maintain the Customer reputation in the transition to wearable payments
  • Consumer trust, loyalty and retention, data privacy

Multi-Factor Authentication
for IoT Payments

within Credit Card  Infrastructure

IXDen technology, effectively reducing Card-Not-Present payment risk to Card-Present level, by authenticating paying IoT device

  • Multi-Factor authentication for any paying IoT device, – Home appliances, cars, wearables
  • Compatible with CNP and CP
  • Seamless integration into existing credit card EMVCo 3DS 2.0 infrastructure
  • Frictionless authentication even for challenge-response flow
  • Risk assessment tool for ACS
  • Any payment app / e-commerce site