Apata provides a highly configurable 3D Secure Access Control Server (ACS) solution for fintech issuers and processors, supporting both 3DS1 and 3DS2 protocols along with issuer SCA exemptions like Transaction Risk Analysis. The platform enhances user experience by optimizing challenge processes, thereby reducing transaction abandonment and improving security during online payments.
Funding
$5.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Fintech issuers and processors require robust 3D Secure (3DS) solutions to authenticate online transactions and comply with Strong Customer Authentication (SCA) regulations. Traditional 3DS implementations can introduce friction into the payment flow, leading to increased transaction abandonment and reduced conversion rates. Optimizing the challenge process while maintaining security is a key challenge for these organizations.
Solution
Apata provides a configurable 3D Secure Access Control Server (ACS) designed specifically for fintech issuers and processors. The platform supports both 3DS1 and 3DS2 protocols, enabling secure authentication for a wide range of online transactions. Apata's solution focuses on optimizing the user experience during the authentication process, reducing friction and minimizing transaction abandonment. By supporting issuer SCA exemptions like Transaction Risk Analysis (TRA) and merchant whitelisting, Apata allows for a more streamlined authentication process where appropriate, balancing security with user convenience. The platform's architecture is designed for ease of integration and ongoing access to reliable and competitive capabilities.
Target Audience
Apata's primary customers are fintech issuers and processors who require a modern and flexible 3D Secure solution.
Features
- Configurable 3D Secure Access Control Server (ACS)
- Supports both 3DS1 and 3DS2 protocols
- Full support for issuer SCA exemptions, including Transaction Risk Analysis (TRA) and merchant whitelisting
- Optimized challenge processes to reduce transaction abandonment
- Streamlined onboarding processes for ease of integration