Fraud Checker CyberSource's Transaction Volume Triples

Share this article:
Online credit-card fraud detection service bureau CyberSource Corp., San Jose, CA, announced that it processed close to 600,000 client transactions during the fourth quarter ending Jan. 1, nearly triple the number the company processed during the previous quarter. CyberSource also reported that its account base has increased by about 50, to more than 200 online merchants. CyberSource originated as the proprietor of downloadable software retailer Software.Net (www.software.net). The fraud detection arm of the business arose unexpectedly when CyberSourceís founders realized that the software they designed to protect themselves from online thieves would be a useful service for other online merchants.
Share this article:
close

Next Article in Digital Marketing

Follow us on Twitter @dmnews

Latest Jobs:

Featured Listings

More in Digital Marketing

News Byte: CX Scores to Take Their Place Beside Price Listings

News Byte: CX Scores to Take Their Place ...

E-commerce aggregator PriceGrabber will begin offsetting price info with service expectations.

Data Byte: Interactive Ad Revenues Exceeding TV for the First Time

Data Byte: Interactive Ad Revenues Exceeding TV for ...

At nearly $43 billion, interactive advertising revenues exceeded broadcast for the first time in 2013.

Marketers: Data Rich and Knowledge Poor

Marketers: Data Rich and Knowledge Poor

While advertisers have become incredibly data-savvy, the most difficult challenge remains causally linking that data to outcomes that really matter.