CyberSource and Amadeus Partner to Help Travel Organizations Optimize Fraud Management Operations Across Booking Channels

CyberSource

CyberSource and Amadeus Partner to Help Travel Organizations Optimize Fraud Management Operations Across Booking Channels

PR57087

FOSTER CITY, Calif. and MADRID, June 18, 2014 /PRN=KYODO JBN/ --

CyberSource ( http://www.cybersource.com ), a Visa Inc. company (NYSE:V), and

one of the world's leading providers of eCommerce payment management services,

has formed a strategic global partnership with Amadeus ( http://www.amadeus.com

), a leading technology partner for the global travel industry. The agreement

brings an integrated travel reservation and fraud management solution to

airlines, travel agencies and other travel organizations worldwide.

Leveraging CyberSource's global expertise in fraud management, the innovative

solution integrates a fraud management system, Decision Manager (

http://www.cybersource.com/products_and_services/fraud_management/decision_manager/

), into the dedicated travel Amadeus Payment Platform (APP). Decision Manager

can help travel organizations globally accept more legitimate bookings, while

identifying potential fraudulent transactions and lowering operational costs.

The combined solution will help travel businesses worldwide maximize revenue,

reduce costs and improve the customer payment experience across multiple

channels, such as online, mobile, face to face and call center.

"We are delighted with the integration of CyberSource to the Amadeus Payment

Platform for travel," said Celia Pereiro, Head of Travel Payments at Amadeus.

"This will provide our customers with a customised and enriched travel-payment

fraud solution, helping them to optimise business operations; increasing

acceptance rates and facilitating a smooth consumer payment process."

Simon Stokes, Head of CyberSource EMEA & APAC, said, "With a track record of

delivering results for major airlines, travel agencies, hotel chains and other

travel suppliers, we are excited to partner with Amadeus to help provide travel

companies and their customers with a fast, safe and seamless buying experience,

irrespective of device or location."

CyberSource Decision Manager assists travel companies in identifying fraud

faster, more accurately and with less manual intervention. Data insights are

derived via sophisticated modelling of more than 60 billion transactions that

Visa Inc. and CyberSource process annually worldwide, including transactions

across multiple payment types and sales channels, spanning online, call center

and mobile. The transaction data is supplemented by 260 detector tests and

time-tested statistical risk models, which can be localized by region to

further expand the depth and breadth of transaction pattern visibility.

About CyberSource

CyberSource, a wholly-owned subsidiary of Visa Inc., is a payment management

company. Over 400,000 businesses worldwide use CyberSource and Authorize.Net

brand solutions to process online payments, streamline fraud management, and

simplify payment security. The company is headquartered in Foster City, CA and

maintains offices throughout the world, with regional headquarters in

Singapore, Tokyo, Miami, Sao Paulo and Reading, U.K. CyberSource operates in

Europe under agreement with Visa Europe. For more information, please visit

www.cybersource.com.

About Amadeus

Amadeus is a leading provider of advanced technology solutions for the global

travel industry. Customer groups include travel providers (e.g. airlines,

hotels, rail and ferry operators, etc.), travel sellers (travel agencies and

websites), and travel buyers (corporations and travel management companies).

The Amadeus group employs around 10,000 people worldwide, across central sites

in Madrid (corporate headquarters), Nice (development) and Erding (operations),

as well as 71 local Amadeus Commercial Organisations globally. The group

operates a transaction-based business model. Amadeus is listed on the Spanish

Stock Exchange under the symbol "AMS.MC" and is a component of the IBEX 35

index. To find out more about Amadeus please visit www.amadeus.com.

About Visa Inc.

Visa is a global payments technology company that connects consumers,

businesses, financial institutions, and governments in more than 200 countries

and territories to fast, secure and reliable electronic payments. We operate

one of the world's most advanced processing networks -- VisaNet -- that is

capable of handling more than 47,000 transaction messages a second, with fraud

protection for consumers and assured payment for merchants. Visa is not a bank

and does not issue cards, extend credit or set rates and fees for consumers.

Visa's innovations, however, enable its financial institution customers to

offer consumers more choices: pay now with debit, ahead of time with prepaid or

later with credit products. For more information, visit corporate.visa.com and

@VisaNews.

For media queries, please contact:

Lara D'Souza / Felicia Ang

Ying Communications

+65-9622-7065 / +65-9113-9636

lara.dsouza@yingcomms.com / felicia.ang@yingcomms.com

SOURCE  CyberSource

本プレスリリースは発表元が入力した原稿をそのまま掲載しております。また、プレスリリースへのお問い合わせは発表元に直接お願いいたします。

このプレスリリースには、報道機関向けの情報があります。

プレス会員登録を行うと、広報担当者の連絡先や、イベント・記者会見の情報など、報道機関だけに公開する情報が閲覧できるようになります。

プレスリリース受信に関するご案内

SNSでも最新のプレスリリース情報をいち早く配信中