Stanchion has announced a strategic partnership with Entersekt to enhance payment integration capabilities and deliver solutions to financial institutions worldwide.
Founded in South Africa in 2001 and now represented across five regions, Stanchion is a PayTech solution provider known for its Payment Fabric technology. Through its systems integration (SI) team, Stanchion supports financial institutions, processors, and merchants across the full lifecycle of payments modernisation – from integration and compliance to platform upgrades and new service delivery.
With a platform-agnostic approach, deep expertise in ACI’s Postilion and Universal Payments (UP), and a proven ability to deliver independently and proactively, Stanchion continues to be a reliable partner for organizations navigating the complexities of today’s fast-evolving payments landscape.
Entersekt brings to the partnership its 3-D Secure payment authentication solution, renowned for its ability to provide end-to-end transaction authentication across all three domains: the merchant acquirer domain, the card issuer domain, and the interoperability domain.
The Entersekt access control server (ACS) has consistently delivered impressive results, including a 70% reduction in card-not-present (CNP) fraud within one month, a 54% increase in conversion rates over six months, and a remarkable 149% growth in transaction value within the first year. With features such as out-of-band, biometric, and silent authentication, Entersekt’s solution ensures strong authentication and adaptive risk intelligence, enhancing customer experiences and reducing cart abandonment.
“We are delighted to partner with Entersekt, one of the world’s foremost 3-D Secure providers,” says Chris Pappas, Stanchion’s chief commercial Oofficer. “This collaboration will enable us to offer enhanced capabilities and deliver even greater value to our clients, reinforcing our position as a leader in payment integration solutions.”
Marty Overman, Entersekt’s chief revenue officer, adds: “We are excited to partner with innovative fintech leaders like Stanchion. This collaboration aligns perfectly with Entersekt’s commitment to delivering secure, seamless payment solutions that empower financial institutions and protect consumers globally.”