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May 06, 2015 3:12 AM ET

IT Services

Company Overview of CyberSource Corporation

Company Overview

CyberSource Corporation, an eCommerce payment management company, provides online payment processing, fraud management, and payment security services for medium and large-sized merchants. It offers payment services that include credit and debit card processing, international payment options, electronic check processing, tax calculation, multi-currency service/dynamic currency conversion, and simplified setup and management; Bill Me Later, a PayPal service that allows customers to make purchases using an instant line of credit; and PayPal that allows to process PayPal transactions. The company also provides fraud management services, including managed risk, payer authentication, and verificat...

P.O. Box 8999

San Francisco, CA 94128-8999

United States

Founded in 1994

654 Employees

Phone:

650-432-7350

Fax:

650-286-6641

Key Executives for CyberSource Corporation

Chief Marketing Officer and Senior Vice President
Age: 53
Head of Sales - Authorize.Net
Age: 47
Vice President of Asia Pacific
Senior Vice President of Cybersource and Playspan
Head of Cybersource Sales - North America
Compensation as of Fiscal Year 2014.

CyberSource Corporation Key Developments

Korean Air Creates New Customer Experience with CyberSource Payment Services

CyberSource announced a strategic partnership with Korean Air to provide secure online payment acceptance capabilities and enhance the overall customer experience. As part of its drive to improve customer satisfaction, the airline is currently in the process of developing a new Passenger Service System, which will constitute a Global Payment System, a system to integrate all payment and acquiring services. With CyberSource's global payment gateway solution, Korean Air will be able to securely accept a wide range of payment methods, including debit and credit cards and alternative payments across its sales channels. Korean Air believes that the implementation of its new Global Payment System, complemented with CyberSource's solutions and expertise, will allow the company to take its customers' experience to the next level. The company is confident that its partnership with CyberSource will address the diverse payment preferences of its customers, who come from 45 countries around the world.

LINE Partners with CyberSource to Enhance the Convenience of Line Pay's Global Payment Services

CyberSource, a Visa Inc. announced a strategic partnership with LINE Corporation. This agreement will allow LINE to enhance the convenience of its mobile payment service LINE Pay. Through this partnership, LINE will leverage CyberSource's payment management platform to enable its full suite of payment and fraud management services for its mobile payment service LINE Pay. Via CyberSource's global payment gateway, LINE will be able to process online payments from multiple card brands and issuers, as well as certain alternative payment methods. These solutions enable LINE to advance their business globally in a scalable and secure manner. In addition to global payment services, LINE will also have access to secure payment acceptance and comprehensive fraud management services via the CyberSource payment management platform. This means LINE will be able to provide payment security, with users' sensitive payment data residing in CyberSource's secure data centers, as well as process a wider spectrum of payment methods. LINE Corporation will also be able to leverage CyberSource Decision Manager, the fraud management tool which features the Fraud Detection Radar, to pinpoint fraud faster, more accurately and with less manual intervention.

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

CyberSource has formed a strategic global partnership with Amadeus. 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, 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. CyberSource Decision Manager assists travel companies in identifying fraud faster, more accurately and with less manual intervention. Data insights are derived via sophisticated modeling 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.

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