RSA has published its latest quarterly fraud report, reinforcing the migration to more precise payment authentication methods and showing a notable spike in brand abuse attacks. The report features insights from Q4 and full year 2020 data collected while authenticating consumer transactions and investigating threats. Payment transaction volume using the 3-D Secure protocol grew more than 73% globally, while 2.x transaction volume grew 26 times in the Americas alone. The significant growth is attributed to merchants of all sizes transforming to a digital-first business, combined with more accurate payment authentication method supporting mobile-first shopping experiences.
Source: https://www.helpnetsecurity.com/2021/04/19/payment-transaction-volume/