Introduces New Integration Cassette for Seamless Assimilation Of CyberSource Software and/or Services With Oracle iPayment
MOUNTAIN VIEW, Calif., June 25 -- CyberSource Corporation (Nasdaq: CYBS), a leading provider of electronic payment and risk management solutions for enterprise businesses, today announced availability of a new integration cassette that provides secure, reliable payment processing and risk management functionality for the Oracle(R) E-Business Suite.
The new cassette allows easy, seamless integration of the CyberSource Payment Service or the CyberSource Payment Manager software with Oracle iPayment to facilitate electronic payment processing across Oracle applications. The CyberSource payment solution, implemented through installation of one of the CyberSource integration cassettes, works behind the scenes to authorize and settle electronic payments through built-in connections with third-party processors and merchant banks. The integration cassettes also provide access to CyberSource fraud solutions to help protect businesses from accepting fraudulent transactions.
"We have made our payment processing and risk management solutions very accessible by building pre-integrations with industry leaders like Oracle. This approach ensures that enterprise customers can easily integrate CyberSource`s solutions into their existing IT environment, consistent with CIOs` desires to leverage prior investments and rationalize their infrastructure," said Dave Daetz, Senior Vice President of Corporate Business Development, Marketing, and Product Management at CyberSource.
CyberSource Payment and Fraud Management Solutions
The CyberSource payment solution, available as an outsourced service or in-house managed software, operates behind-the-scenes to authorize and settle electronic payments, including credit, procurement and debit card and electronic check transactions. Developed for large enterprises with demanding needs, CyberSource payment solutions support web, call center, IVR and POS sales environments. CyberSource payment solutions integrate smoothly with major commerce platforms, ERP and CRM systems, and are designed for compatibility and interoperability with new standards and protocols. Further, with the CyberSource payment service, which leverages the industry`s most advanced asymmetric encryption standards, enterprise businesses can rely on fast, secure, reliable, electronic payment service, worldwide, without the complexity of maintaining an in-house system.
Both CyberSource software and outsourced payment service options provide real-time, multiple currency support and seamlessly integrate with CyberSource`s risk management solutions, giving businesses a powerful way to protect against losses from fraud. CyberSource risk management solutions include a combination of software and services designed to address the four key aspects of a thorough fraud management system - decision management, fraud screening, case review, and risk analysis. There is software available to provide central control of these components via a single intuitive business management interface. Components of the CyberSource risk management solutions can be purchased separately or as pre-packaged, tailored offerings to meet the specific needs of enterprise businesses with serious fraud problems in credit- card-not-present (CNP) sales channels.
The Oracle iPayment integration cassette is available from CyberSource by calling 1-888-330-2300.
CyberSource Corporation is a leading provider of risk management and electronic payment solutions for enterprise businesses selling via multiple sales channels. CyberSource solutions manage transaction risk and enable electronic payment processing for Web, call center/IVR, and POS environments. CyberSource professional services designs, integrates and optimizes enterprise-wide commerce transaction systems. Over 3,000 businesses use CyberSource solutions, including over half of the Dow Jones Industrial companies. The company is headquartered in Mountain View, California, and has sales and service facilities in Japan, the United Kingdom, and other locations in the United States. For more information, please visit CyberSource`s web site at http://www.cybersource.com or email firstname.lastname@example.org.
NOTE: CyberSource is a registered trademark in the U.S. and other countries. Oracle is a registered trademark of Oracle Corporation. All other brands and product names are trademarks or registered trademarks of their respective companies.
Statements in this release that are not purely historical are forward- looking statements, including any statements regarding beliefs, plans, estimates, projections, expectations, goals or intentions regarding the future. Forward-looking statements in this release include statements regarding (1) the ease with which the cassette can be implemented, (2) compatibility with different commerce platforms and interoperability with new standards and products, services to reduce exposure to fraud and manual order review processes, (3) general performance qualities of the CyberSource products and services, and, (4) how CyberSource products and services are regarded in the industry. Factors that could cause actual results to differ materially include risks and uncertainties such as any unforeseen event or any unforeseen technical difficulty related to the Internet as a whole or to the CyberSource services in particular and the development by CyberSource and its competitors of new products and services. It is important to note that actual outcomes could differ materially from those in such forward-looking statements. Readers should also refer to the documents filed by CyberSource with the Securities and Exchange Commission, specifically the annual report filed on Form 10-K for the year ended December 31, 2001, filed with the Securities and Exchange Commission on March 27, 2002, all which identify important risk factors.
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