Product Enhancements
Thredd continues to provide enhancements across all the pillars of the Thredd Platform.
Risk Management
Below is a list of recent enhancements to our risk management and fraud transaction monitoring portfolio.
Fraud Transaction Monitoring
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New Reporting screen available on the Fraud Transaction Monitoring Portal
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New Scam Transaction Monitoring service now available. See Scam Transaction Monitoring.
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Fraud Transaction Monitoring Reseller version — allows issuers to offer Fraud Transaction Monitoring to their Program Manager clients
For more information, see the Fraud Transaction Monitoring Guides.
Real-time Event Alerts
Thredd now supports webhooks, which you can use to notify your cardholders of important events such as:
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Real-time fraud events
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Real-time card status payment event notifications (such as card loads and unloads)
Webhooks can also be used to provide your fraud analysts with fraud metrics, to measure how our fraud solutions are impacting your key performance indicators.
For more information, see:
3D Secure via Apata
3D Secure via Apata is our new 3D Secure service, offering improved flexible configuration options and more authentication methods. The Apata service has been enhanced and now provides support for a wide range of authentication methods, including:
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In-app (out of band) authentication
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Biometric authentication
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Knowledge-Based authentication (KBA)
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OTP email authentication
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OTP SMS authentication
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Transaction history authentication
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Risk based authentication (RBA)
For more information, see the 3D Secure (Apata) Guide.
For clients in regions not supported by Apata, we continue to maintain our 3D Secure service via Cardinal. For more information, see the 3D Secure (Cardinal) Guide.
Card Issuing and Management
Fees Module Enhancements
The Thredd fees module enables you to use the Thredd platform to automatically apply customer fees to your card products. Thredd offer a rich set of card usage fees, which can be configured for your card products.
The new advanced fee configuration options (cross-border authorisation and bespoke FX currency pair fees) provide a more granular application of fees, suitable for more complex fee configurations, based on different combinations of country and currency. For example:
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Apply fees to both local (domestic) transactions, made in the same country as the card is issued, and non-domestic transactions (made in another country), where the currency of the transaction is not taken into account.
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Apply fees to domestic transactions, made in the same country as the card is issued, but where the currency of the transaction may be different. The focus here is on the currency that is being used in the domestic transaction.
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Apply fees to non-domestic transactions, made in the same currency as the card is issued, or in a different currency. Here the focus is on the currency that is being used in the non-domestic transaction.
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Select bespoke currency pairs and apply fees to usage of the currency pairs.
For more information, see the Fees Guide.
Customer Experience Enablers
Thredd In-app Provisioning API
The Thredd platform now provides direct support for clients who are not PCI-compliant and who wish to support lifecycle management Push Provisioning (Apple and Android) on Visa and Mastercard networks.
For more information, see the Tokenisation Guide: Implementing In-app Provisioning.
Payment Processing
Transaction Control using the External Host Interface (EHI)
The Thredd External Host Interface (EHI) is a system which coordinates payment authorisation and financial messages, processed on the Thredd Platform, and communicates with your external systems in real-time, to support the payment authentication process. We provide three different flavours of EHI messaging:
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XML format
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JSON format
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Single Message System (SMS)
SMS is a new format of transaction processing to support US Networks debit card processing.
We are continually enhancing EHI to support the needs of our clients. For example:
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New field values and options
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Support for Card Scheme mandates and Compliance-related updates
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Guide content updates, corrections and enhancements
For more information, see the External Host Interface (EHI) Guide.
Other updates:
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Support for physical Card Biometric checks and resetting of Strong Customer Authentication (SCA) counters
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Support for multiple EHI endpoints
Transaction Testing using the Card Transaction System (CTS)
The Card Transaction System has been upgraded to enable Standard and STIP tests to be run for simulating Mastercard Network Exchange (MNE) network functionality and to support Discover Global Network (DGN) transaction simulation. This functionality enables clients using our new US debit and DGN network services to test their transactions.
For more information, see the Card Transaction System (CTS) Guide.
Transaction Reporting
Thredd continues to enhance the reports we provide to Program Managers and Issuers. We now offer new Global transaction XML reporting formats for splitting transaction reports between real-time authorisation (non-clearing) and Financial (clearing) messages, to provide more timely and focused reporting. See Global Reporting.
Other updates:
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New Auth_type field added to the Non-clearing Transaction XML reports, which can be used to identify the type of authorisation (e.g., normal, pre-auth, final auth or account verification).
Program Delivery
Cloud Upgrade Programme
The Thredd AWS Cloud data centres operate in multiple regions, including Europe and Asia Pacific. The Cloud data centres enable enhanced reliability and redundancy and fast transaction processing times. All new clients are set up on one of our cloud centres. Existing clients in our on-premise data centres are gradually being upgraded to the Cloud. For more information, see the Documentation Portal: Frequently Asked Questions.
Cards Scheme (Network) Mandates
The Thredd Platform is regularly updated to comply with the Card Scheme Mandates relating to issuer-processor systems. See below for a sample of recent mandate updates:
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Mastercard |
Visa |
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Where a Card Scheme mandate requires a functional change to the Thredd platform that may impact the card operations of our customers, we provide you with 30-60 days advanced information using a Thredd Pre-Release Notification (PRN).