Payment Security Trends: How Giesecke+Devrient Is Fighting Fraud in Real-Time Payments

Why It Matters

As real‑time payments become ubiquitous, robust, low‑friction security is essential for merchants and consumers; G&D’s integrated solutions help mitigate fraud risk while meeting emerging regulatory standards, supporting the broader digital commerce transition.

Key Takeaways

• Contactless cards now represent 60% of issued payment cards.
• G&D offers tokenization, biometrics, and two‑factor authentication for security.
• Real‑time payments increase fraud risk, demanding friction‑less verification solutions.
• G&D collaborates with regulators and EMVCo to meet PSD2 standards.
• Future focus: AI, cross‑border, sustainability, and open‑banking innovations.

Summary

Giesecke+Devrient (G&D) CEO Gabrielle Bugar outlines the company’s strategy for securing the surge in contactless and real‑time payments. With six out of ten issued cards now contactless and digital wallets used by over 80% of U.S. consumers, G&D positions itself as a security‑first provider across wearables, mobile and traditional cards.

The firm’s portfolio combines tokenization, two‑factor authentication, biometric checks and a cold‑storage solution called Configo True Safe. These tools aim to keep friction low while verifying identity instantly, a critical balance as fraud rates climb alongside instantaneous transaction flows.

Bugar emphasizes the ‘digital‑first, physical‑later’ model—customers receive immediate purchasing power via tokenized credentials, followed by a physical card in the mail. She also cites G&D’s active role with regulators and standards bodies such as EMVCo and PSD2, highlighting compliance‑driven security as a market differentiator.

The push toward AI‑enhanced, cross‑border and sustainable payments, discussed for the upcoming Money 2020 conference, underscores the need for adaptable fraud‑prevention tech. Companies that adopt G&D’s solutions can expect smoother regulatory compliance, reduced loss from fraud, and a competitive edge in the evolving digital payments ecosystem.

Original Description

How do you secure payments in a real-time, digital-first world?

At Money20/20 USA, Gabrielle Bugat from Giesecke+Devrient explains how fraud prevention, identity verification, and digital asset security are evolving alongside real-time payments.

This quick snapshot explores the biggest security challenges—and opportunities—shaping the future of payments.

Read the full interview on FF News:

https://ffnews.com/fintech-tv/event/2024/money20-20-usa-2024/securing-payments-in-a-changing-digital-landscape-gd-ff-news-at-money20-20-usa/

@Money2020Tv @giesecke-devrient