The time for a new authentication strategy is upon us.

International card networks are mandating issuers worldwide deploy Secure Remote Commerce (SRC) and EMV 3-D Secure (3DS) to increase the security of e-commerce. Issuers must decide if they will update their authentication method to better support cardholders and merchants or continue to utilize a less secure challenge—the password—that is known to drive high cart abandonment. Now is the time to plan a transition away from passwords.