Galileo Financial Technologies Adds 3D Secure to Bolster Online Fraud Protection
SoFi Technologies, Inc. (SOFI)
Company Research
Source: Business Wire
Galileo 3D Secure reduces CNP fraud risks across the U.S., Latin America and Canada SALT LAKE CITY--(BUSINESS WIRE)--Galileo Financial Technologies, a leader in financial technology solutions and a subsidiary of SoFi Technologies, Inc. (NASDAQ: SOFI), today announced the launch of Galileo 3D Secure (3DS) Access Control Server (ACS). This enhancement helps clients protect against card-not-present (CNP) debit and credit card fraud, projected to escalate to $28.1 billion globally by 2026—up 40% from 2023.The adoption of 3DS in the U.S. is steadily growing in response to rapidly rising e-commerce growth. CNP fraud is expected to make up 73% of total card payment fraud loss in 2024. Using 3DS can dramatically reduce fraud rates—by up to six times compared to non-3DS transactions, according to a recent report by Datos Insights.3D Secure, a security protocol developed by the card networks, provides an added layer of security to authenticate online credit and debit card transactions. On 3D
Show less
Read more
Impact Snapshot
Event Time:
SOFI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SOFI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SOFI alerts
High impacting SoFi Technologies, Inc. news events
Weekly update
A roundup of the hottest topics
SOFI
News
- SoFi and Los Angeles Chargers Quarterback Justin Herbert Tackle Rising Costs of Youth Sports with Game Changers ChallengeBusiness Wire
- Finding Top Cheap Stocks Under $10 to Buy in September [Yahoo! Finance]Yahoo! Finance
- SoFi Technologies: Expanding Cross-Selling Potential As Growth Catalyst [Seeking Alpha]Seeking Alpha
- SoFi: Breakout Imminent, Its Reversal Is Near [Seeking Alpha]Seeking Alpha
- Stocks rally despite Nvidia dip, Affirm shares soar: Yahoo Finance [Yahoo! Finance]Yahoo! Finance
SOFI
Earnings
- 7/30/24 - In-Line
SOFI
Sec Filings
- 8/26/24 - Form 4
- 8/22/24 - Form 144
- 8/16/24 - Form 4
- SOFI's page on the SEC website