Business Services Industry
WorldAlert online fraud prevention system shipping from WorldPay
Internet Business News, July 1, 2002
INTERNET BUSINESS NEWS-(C)1995-2002 M2 COMMUNICATIONS LTD
Payment processor WorldPay has launched WorldAlert, its new e-commerce offering for managing anti-fraud protection.
The new release monitors each transaction and detects any patterns of fraudulent buying behaviour. If any are detected, the software alerts the retailer and gives them the choice of declining the transaction.
According to the company, the launch of WorldAlert comes in response to a study carried out by Experian that found that over 97% of online retailers have been a victim of fraud at some point in the last year.
The cost of the WorldPay WorldAlert system was not revealed.
((Comments on this story may be sent to info@m2.com))
Most Recent Technology Articles
- INTERVIEW WITH BEN BUTTERS, DIRECTOR OF EUROPEAN AFFAIRS AT EUROCHAMBRES : "A PERFECT ROAD MAP FOR EU CLUSTERS DOES NOT EXIST".
- AGENDA.(Brief article)(Conference notes)
- FIGHT AGAINST INTERNET PIRACY.
- INTERNET : AUTHORS' SOCIETIES URGE ACTION AGAINST PIRACY.
- TELECOMMUNICATIONS : BUSINESSEUROPE HOSTILE TO FURTHER CONTRACTUAL OBLIGATIONS.(Brief article)
Most Recent Technology Publications
Most Popular Technology Articles
- 3G: naughty or nice? PhoneErotica.com generates over 300 million hits per month, and rings up more minutes of use per month than MSN
- Business process re-engineering in the small firm: A case study
- What is precision air conditioning and why is it necessary?
- Performance analysis of shell and tube heat exchanger using miscible system
- Optimizing of Trichoderma viride cultivation in submerged state fermentation
Most Popular Technology Publications
Content provided in partnership with
