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Computer Services, Inc. Selects Cyota to Provide Verified by Visa Solution to Nearly 500 Customer Banks.


Business Editors

PADUACH, Ky. and NEW YORK--(BUSINESS WIRE)--March 28, 2003

CSI CSI Crime Scene Investigator
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 To Offer Bank Cardholders Verified by Visa Verified by Visa is a system used by Visa as an added layer of security for online credit and debit cards transactions. A similar system is used by MasterCard under the name SecureCode (which is completely separate from verified by Visa, although it uses the same protocol).  Using Cyota's

SecureSuite - Processor Edition; Cyota Currently Supports Verified

by Visa to over 9,000 Financial Institutions

Computer Services Data processing (timesharing, batch processing), software development and consulting services. See service bureau, SaaS and ASP. , Inc. (CSI), one of the nation's top five bank processing companies, announced today that it has selected Cyota, the leading online payment security company, to provide Verified by Visa to its nearly 500 customer banks.

CSI will launch Cyota's SecureSuite Processor Edition as a hosted service later this year. To date Cyota supports Verified by Visa for over 9,000 financial institutions, with SecureSuite in use by seven of the top 12 US and UK credit and debit card debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account.  issuers as well as top global processors.

Verified by Visa is a new online authentication initiative designed to reduce fraud on the Internet. It provides online shoppers with a virtual receipt to electronically "sign" at the point of purchase. Cyota's SecureSuite platform, a global solution offered to issuers and processors worldwide, seamlessly integrates multiple applications including MasterCard SecureCode, Verified by Visa and additional applications.

"Providing our customers with the Verified by Visa solution continues CSI's practice of providing our banking customers with the best solutions available today," said Larry Moore This article is about the NFL player. For the reporter, see Larry Moore (reporter).
Larry Maceo Moore (born June 1, 1975 in San Diego, California) is an American football player in the NFL who currently plays guard for the Cincinnati Bengals.
, VP, CSI Card Services The software support for PC Cards. PC Card applications talk to Card Services. See PC Card. . "Cyota's unmatched experience with multiple processors and large-scale implementations will allow CSI to provide our customers' cardholders with a greater sense of security while shopping on the Internet."

Naftali Bennett, Cyota CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , stated, "As Verified by Visa spreads worldwide we find ourselves proud to team again and again with innovative leaders such as CSI. With a clear focus on credit and debit card issuers and processors, and over 80% of the Verified by Visa eligible cards in the US, we strive to continue to lead the market as 3D Secure becomes the standard method of online payment."

About CSI

Computer Services, Inc. (CSI) is one of the top five bank processing companies in the nation. Our products range from core banking products to the CSI Passport family of products including Desktop for account inquiries and maintenance, Teller, Account Reconciliation, Platform for new accounts, and Balancer to streamline internal balancing, and a complete line of Imaging with no up-front investment. CSI Card Services provides customers with the latest technologies to drive their ATMs plus access to nation's premier regional and national payment networks and leading debit card providers. Our dedication to the rapidly growing Internet market is reflected not only in Internet Banking but also in information portals, secure web hosting Making a Web site available on the Internet. Many ISPs host a few personal Web pages for an individual at no additional cost above the monthly service fee, but the address is subordinate to the ISP; for example, www.friendlyisp.com/pat_smith.  and other eBusiness products and services. For more information, visit www.csiweb.com.

About Cyota

Cyota is a leading payment security provider for financial institutions. Cyota SecureSuite is the only integrated payment security platform designed to seamlessly integrate a wide range of credit and debit card security solutions including MasterCard SecureCode, Verified by Visa, surrogate numbers and more, into a single, consistent and cost-effective solution. Cyota services multiple clients in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe and Asia-Pacific with systems currently available to over 300 million cardholders. Founded in 1999, Cyota is headquartered in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 with offices worldwide. Cyota is led by a respected management team with extensive experience in the security, Internet and banking industry. For more information please visit www.cyota.com
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Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 28, 2003
Words:544
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