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Hanseatic Bank Tackles Credit Card Fraud with Payment Security Solution from CA Technologies

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CA Technologies (NASDAQ:CA) today announced that Hanseatic Bank, a private bank based in Hamburg and operating throughout Germany, has selected CA Transaction Manager and CA Risk Analytics, components of CA’s SaaS-based payment authentication solution, to help reduce fraud and improve cardholder engagement.

The bank is using the CA solution, which supports 3-D Secure multi-layered authentication, to authenticate cardholders during the checkout process to help prevent credit card fraud. The authentication happens behind the scenes and is based on patent-pending, advanced analytic techniques. This helps reduce friction and decrease shopping cart abandonment in card-not-present (CNP) transactions by identifying legitimate cardholders and allowing them to proceed directly to checkout without interruption. The result is an enhanced and pleasant cardholder shopping experience.

“Card security is our number one priority. By partnering with CA Technologies we are adopting proven fraud prevention technologies while ensuring customers receive a responsive and rewarding service,” said product manager Matthias Minar, Hanseatic Bank. “We chose this solution based on CA Technologies strong domain expertise as the original co-creator of the 3-D Secure protocol with Visa to help prevent eCommerce fraud. This next-generation authentication solution is also immensely adaptive, giving the bank the flexibility to tailor the fraud rules for different groups of customers.”

Hanseatic Bank is one of the fastest-growing issuer of credit cards in Germany. With a 35 percent increase from 2013, the bank is experiencing explosive growth and aims to curtail fraud loss, while maintaining a positive customer experience. CA’s SaaS-based multi-layered authentication solution includes CA Transaction Manager to facilitate the implementation of the Verified by Visa 3-D Secure program and CA Risk Analytics to assess card-not-present (CNP) payment transactions in real time and determine the likelihood of fraud.

“Finding the balance of strong security and a transaction process that doesn’t inconvenience the customer has been a business challenge since the first online transaction,” said Doc Vaidhyanathan, vice president, product management, CA Technologies. “Our award-winning technology is in use by the world’s largest card issuers and touches more than 150 million cardholders. It offers powerful and configurable neural-network authentication models that enable zero-touch fraud prevention capabilities resulting in a positive cardholder engagement.”

About Hanseatic Bank

Hanseatic Bank is a private bank based in Hamburg and operating throughout Germany. Founded in 1969 as a consumer credit institution to finance goods purchased by Otto Versand customers, it was converted into a chartered universal bank in 1976. The major French bank Soci’et’e G’en’erale acquired 75 percent of the shares in Hanseatic Bank in 2005, with the Otto Group continuing to own a 25 percent stake. The bank specializes in its four core businesses: consumer credits, deposit-taking, insurance and receivables management.

About CA Technologies

CA Technologies (NASDAQ:CA) creates software that fuels transformation for companies and enables them to seize the opportunities of the application economy. Software is at the heart of every business in every industry. From planning, to development, to management and security, CA is working with companies worldwide to change the way we live, transact, and communicate – across mobile, private and public cloud, distributed and mainframe environments. Learn more at

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