Cyota's SecureSuite Tops $100,000,000 in Secure Internet Transaction Volume; SecureSuite is in use by seven of the top twelve US and UK credit and debit card issuers.Business Editors NEW YORK--(BUSINESS WIRE)--May 2, 2003 Cyota Inc., the leading online payment security company, announced today that SecureSuite, its secure payment platform, has reached the $100,000,000 mark in secured transaction volume. Cyota SecureSuite seamlessly integrates multiple payment security applications including MasterCard SecureCode, 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). , surrogate numbers and additional applications. SecureSuite is offered to global issuers and processors as a hosted service from worldwide facilities in the US, UK and Japan or as an in-house installation. Jim Robinson Jim Robinson may refer to the following people:
RRE Road Race Engineering RRE Remote Roof Easy RRE Residential Real Estate RRE Rise-And-Run-Length Encoding RRE Royal Radar Establishment (Great Britain) Ventures, a Cyota investor. Robinson: "Cyota has clearly established itself as the leading provider of MasterCard SecureCode, Verified by Visa and other payments security products. Cyota's dedication and commitment to good service and state-of the art systems have pushed the company into its leading position and allowed the company to reach this outstanding achievement". Naftali Bennett, Cyota CEO, stated, "We are extremely proud to reach this important milestone. Serving the world's largest card issuers has allowed us to gain valuable field experience in handling large volume and providing superb cardholder card·hold·er n. One who holds a card, especially a credit card. card  hold experience. This translates into increased adoption rates, reduced fraud and millions of secure transactions." About Cyota Cyota is the 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 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. 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, 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 |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion