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Tuesday December 9th 2008
FutureBazaar Chooses CyberSource to Fight Online Fraud
Archived article dated Tuesday December 9th 2008
CyberSource's Decision Manager anti-fraud solution has been selected by FutureBazaar India Ltd, the online shopping portal of Pantaloon Retail, one of India's largest retailers.
Using Decision Manager, FutureBazaar can now access over 150 global validation tests to screen for fraud and determine in real time whether online transactions should be accepted, rejected, or marked for further review.
Virendra Chhatbar, chief finance officer at FutureBazaar, said, “As eCommerce continues its rapid growth in India, retailers large and small must be increasingly vigilant to the threat of fraud. CyberSource's proven risk management solution gives us that greater level of intelligence. CyberSource has considerable experience working in the Indian online environment, a factor that strongly influenced our decision.” Tagged as: cybersource
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