First Data unveiled Authorization Optimization, a digital commerce solution that drives efficiency and revenue by optimizing card-on-file transactions. The new solution applies intelligent transaction tools, including a robust rules engine and data science, helping merchants increase authorization rates for card-on-file transactions by as much as 10%. Authorization Optimization is designed for businesses with high volumes of digital payments. Examples include the burgeoning subscription economy, which relies heavily on recurring payments, and businesses like ride-sharing platforms that depend on customer-initiated digital transactions via stored payment information.