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Monday, May 21, 2012
News Making Money

MasterCard Establishes Relationship with Silver Tail Systems to Combat Online Fraud

09/02/2012 05:15 (102 Day 03:16 minutes ago)

The FINANCIAL -- MasterCard Worldwide and Silver Tail Systems, a leading provider of web session intelligence, announced today a new exclusive relationship that will focus on leveraging and creating innovative solutions to help combat online fraud.

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According to MasterCard , the companies’ collective expertise will enable merchants to differentiate fraudsters from legitimate consumers in real-time during the online shopping experience.

With eCommerce transactions reaching record levels, both merchants and consumers benefit from identifying the safest and smartest ways to conduct online transactions.

By combining Silver Tail Systems’ technology with MasterCard ’s extensive payments experience and insights, merchants will be better equipped to spot malware or robotic activity originating from personal computers or smart phones attacking their online payments systems.

 

Through the new alliance, which is exclusive within the payments industry, MasterCard and Silver Tail Systems will immediately work together to bring innovative fraud solutions to online merchants in the U.S., while exploring future opportunities to expand the scope and reach of the relationship.

 

 

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