Cyota Enables Secure Maestro Online Transactions.Business & High-Tech Editors 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 & PARIS--(BUSINESS WIRE)--Oct. 25, 2001 Cyota SecureDebit(TM), the Latest Addition to the Cyota SecureSuite(TM)Platform, Allows Banks to Immediately Comply with Maestro's E-Commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. Standard Cyota, a leading payment security company, today announced the introduction of its latest payment security product to be added to the Cyota SecureSuite(TM) platform. The newest addition, Cyota SecureDebit(TM), is based on the Maestro (1) (Maestro NT) An earlier name for scheduling software for Windows NT from Tivoli Systems, Inc. When IBM acquired Tivoli in 1996, the program was renamed IBM Tivoli Workload Scheduler. e-Commerce and m-Commerce Standard, and is available immediately for global issuers. The new product integrates with the existing SecureSuite product portfolio, and utilizes Cyota's patent-pending technology. "Cyota understands the marketplace has changing needs and requirements related to payment security. Cyota SecureSuite(TM) offers a broad range of products and services, which can be mixed and matched to provide the highest quality, most cost-effective solution for our customers and their end users," commented 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. Naftali Bennett. The new product will be unveiled at Cartes CARTES Computer Arts Centre at Espoo 2001 in Paris, France beginning at 4:00 p.m. on October 25th. All products are available for immediate orders with implementations available as early as the fourth quarter, 2001. Maestro's e-Commerce standard was developed by Maestro in order to facilitate the growing need of Maestro cardholders to shop online securely. SecureDebit(TM), based on this standard, will enable 380 Million Maestro cardholders to make purchases online for the first time, something they have been unable to do until now, immediately increasing purchase volume for Maestro card issuers. SecureDebit(TM) also secures those transactions by not revealing their Maestro number. Additional SecureSuite products include Cyota SecureVbV(TM), a 3DSecure (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). ) compliant product, currently being implemented by two of the world's largest Visa issuers, a MasterCard SPA- compliant product, and Cyota SecureClick(TM), our proprietary surrogate surrogate n. 1) a person acting on behalf of another or a substitute, including a woman who gives birth to a baby of a mother who is unable to carry the child. 2) a judge in some states (notably New York) responsible only for probates, estates, and adoptions. number solution. About Cyota Cyota is a leading payment security company that is dedicated to helping financial institutions strengthen their customer relationships through reliable, flexible, easy to use online security, payment and transaction products. Cyota SecureSuite(TM) is a revolutionary platform designed to serve as the backbone for integrating numerous e-payment initiatives. Cyota services multiple clients in North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. and worldwide. Founded in 1999 by leading card and security industry experts, Cyota is headquartered in New York with offices worldwide. Cyota is led by a respected management team with extensive experience in the security, Internet and banking industry and is supported by an international Advisory Board comprised of world-renowned financial and security experts. For more information, please visit our website at www.cyota.com. |
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