Mastercard Launches Identity Check to Improve Fraud Detection

Today’s topics include Mastercard improving fraud detection with Identity Check, and Huawei coming out with an Arm-based server CPU.

In an effort to reduce fraud while making it easier for merchants to accept online payments, Mastercard is implementing its Mastercard Identity Check technology, based on the EMV 3-D Secure 2.0 specification that provides a layer of security for online payment card transactions when the payment card itself is not present for physical verification.

With Identity Check, Mastercard is integrating machine learning artificial intelligence capabilities that verify more than 150 variables as part of a transaction process to help credit card issuing financial institutions make rapid, accurate decisions.

With the 2.0 version of the EMV 3-D Secure specification, 10 times more data than what was possible with version 1.0 of the specification can be passed through on each transaction, providing financial institutions with more data points on which to base a payment authorization decision.

Huawei officials this week introduced the Kunpeng 920, a system-on-a-chip based on Arm’s ARMv8 architecture that they said will target such workloads as big data, distributed storage and Arm-native applications, which need both solid performance and high-power efficiency.

The Kunpeng 920 is based on a 7-nanometer manufacturing process and designed by the company using an ARMv8 architecture license. The CPU performs 25 percent better on some benchmark tests while offering 30 percent better power efficiency than other processors, according to Huawei.

It will power the company’s TaiShan servers, which will be aimed not only at enterprise data centers but also Huawei’s cloud services offerings. These servers will deliver 20 percent better computing performance than competitive systems and will enable Huawei Cloud to offer such services as elastic cloud, bare metal and cloud phone, the company said.