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Datablink solution validates a transaction before it's a done deal

The Datablink 200 Mobile app allows credit and debit card providers to validate and confirm transactions instantly — before they are completed.

April 23, 2015

Datablink Inc., a provider of authentication and transaction signing solutions, has developed a solution that uses the company's Datablink Mobile 200 app to stop fraudulent credit and debit card transactions before they are completed.

Using Datablink, cardholders confirm and then complete an ATM, retail or online transaction, the company said in a press release. Instead of taking action only after the transaction, the app brings the cardholder and his or her smartphone directly into the transaction, allowing users to confirm or deny a transaction before it's actually completed.

"Datablink empowers credit card issuers to proactively protect against fraud while also maximizing card availability for users," said Datablink President and CEO Shlomi Yanai. "Datablink Mobile 200 is unique in that it creates a fast, secure path between a cardholder and the bank for each and every transaction. ... We inject an element of control where control is long overdue. It's a win-win for banks and their cardholders."