CyberSource(R) Provides Secure, Reliable Payment Processing and Fraud Management Functionality for the Oracle(R) E-Business Suite
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.
About CyberSource
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 info@cybersource.com.
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.
CONTACT:
Jennifer Jennings
CyberSource Corporation
+1-650-965-6042
jjennings@cybersource.com
Liz Haas
Atomic Tech PR
+1-415-703-9454
liz@atomicpr.com
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