CyberSource Adds On-Demand Verification Services from TARGUSinfo to Its Anti-Fraud Arsenal
MOUNTAIN VIEW, Calif. September 3, 2008 — CyberSource Corporation (Nasdaq: CYBS), a leading provider of electronic payment and risk management solutions, today announced that it has integrated TARGUSinfo verification services into its enterprise case management solution. CyberSource customers' fraud analysts can now, with a single keystroke, accurately confirm a match between the ordering party's name, address, and telephone information, including wireless, Voice over Internet Protocol (VoIP) and other non-public phone numbers.How It Works
CyberSource's Decision Manager automatically analyzes incoming orders for fraud, based on 150+ integrated detectors and merchant-specific business rules. If a transaction shows suspiciously high risk, the order can be rejected or queued for manual review. TARGUSinfo enhances and accelerates the review process. The reviewer simply clicks a link on the Decision Manager case management page and the customer information is analyzed in real time by TARGUSinfo. Name, address, and phone numbers are verified with data the buyer entered. Integrating this second level of information into the case management system makes the review team more accurate and productive. For additional information about the CyberSource Decision Manager service, please visit: http://www.cybersource.com/risksolutions.
"We are always working to add new layers of security and efficiency to every transaction our merchants process," said Kirsten Fry-Sanchez, CyberSource Vice President, Product Management. "TARGUSinfo technology is a leading source of verification for our merchants, aimed at minimizing fraud and maximizing the swift processing of good orders."
"CyberSource has long been a leader in risk management," said Joy Nemitz, TARGUSinfo Senior Vice President, Market Development. "We believe the combination of CyberSource Decision Manager and our On-Demand VerificationSM services will be a significant contribution in the fight against online fraud."
About CyberSource
CyberSource Corporation is a leading provider of electronic payment and risk management solutions. CyberSource solutions enable electronic payment processing for Web, call center, and POS environments. CyberSource also offers industry leading risk management solutions for merchants accepting card-not-present transactions. CyberSource Professional Services designs, integrates, and optimizes commerce transaction processing systems. Approximately 238,000 businesses use CyberSource solutions, including half the companies comprising the Dow Jones Industrial Average. The company is headquartered in Mountain View, California, and has sales and service offices in Japan, the United Kingdom, and other locations in the United States including Bellevue, Washington and American Fork, Utah. For more information on CyberSource please visit http://www.cybersource.com or email info@cybersource.com. For more information on Authorize.Net small business solutions, please visit http://www.authorize.net or email sales@authorize.net.
About TARGUSinfo
TARGUSinfo is the leading provider of On-Demand InformationSM services for customer-facing businesses. Its unique identification, verification, qualification and location solutions enable retailers, call-center operators, Web-based marketers, communication service providers and others to dramatically increase the quality of their services and the effectiveness of their marketing. A privately held company, TARGUSinfo is headquartered in Vienna, Va. For more information, visit www.TARGUSinfo.com.
Press Contacts:
Bruce Frymire
650-965-6042
bfrymire@cybersource.com
www.cybersource.com
Rufus Manning
TARGUSinfo
703.272.6215
pr@targusinfo.com
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