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CELLPOINT DIGITAL TEAMS UP WITH CYBERSOURCE TO HELP MERCHANTS FIGHT FRAUD

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CellPoint Digital, the global leader in payment orchestration, today announces it has teamed up with Cybersource, a Visa solution and a recognized worldwide leader in payments management, to provide merchants with a holistic solution for fraud management capable of aggregating transaction data across multiple acquirers.

CellPoint Digital now provides merchants with best-in-class fraud management via Cybersource Decision Manager, one of the largest fraud detection radars in the world. Cybersource Decision Manager uses machine learning to support merchants by automatically classifying transactions as good, bad, or suspicious. Decision Manager assists retailers by helping them raise their acceptance rates, lower their review rates, and increase their bottom line thanks to its sophisticated fraud capabilities and insights from 141 billion+ VisaNet transactions.

“We’re excited to team up with CellPoint Digital to provide customers with a world-class fraud and risk solution.  Decision Manager enhances their orchestration platform to simplify the complexities of fraud management across multiple acquirers—helping automate detection, and reduce the operational costs associated with fighting fraud.”
                                                            Denise Burkett-Stus, Head of Cybersource Europe.

The collaboration is the most recent example of CellPoint Digital’s dedication to providing simple-to-implement solutions that assist merchants with multiple acquirer connections in resolving operational and technological issues and streamlining back-office complications.

“As a pioneer in payment orchestration, we have long been a proponent of merchants adopting multi-acquirer strategies and have seen the dramatic profit boosts they can drive with our platform,”
“As part of our ongoing commitment to helping merchants simplify back-office complexities, we are proud to team up with Cybersource because their best-in-class Decision Manager fraud management tool simplifies and aggregates data to provide merchants with a critically important unified view,”
“Decision Manager is a perfect fit in our product portfolio as we strive to offer end-to-end solutions that empower merchants to have greater control of their payments ecosystem, turning payments into a strategic business advantage.”
                                                                               Kristian Gjerding, CEO, CellPoint Digital.

The announcement comes as retailers worldwide deal with an increase in fraud. The majority of merchants did not increase the share of revenue they spend to manage fraud, and nine out of ten merchants have encountered at least one fraud management challenge this year, according to Cybersource’s annual fraud report, even though fraud costs and KPIs increased (or worsened) globally for a second consecutive year.

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