Company Overview of CyberSource Corporation
CyberSource Corporation, an eCommerce payment management company, provides online credit card payment processing, fraud management, and payment security management solutions for small, medium, and large businesses. It offers payment services that include credit and debit card processing, international payment options, electronic check processing, managed billing, secure IVR payment, PayPal service, tax calculation, multi-currency service/dynamic currency conversion, reporting and reconciliation, and banking setup and management services. The company also provides fraud management services, such as managed risk, payer authentication, and verification and compliance services; reporting and rec...
P.O. Box 8999
San Francisco, CA 94128-8999
Founded in 1994
Key Executives for CyberSource Corporation
Chief Executive Officer and President
Chief Marketing Officer and Senior Vice President
Managing Director of Asia Pacific Operations
Director of Corporate Communications
Compensation as of Fiscal Year 2013.
CyberSource Corporation Key Developments
PAYSBUY Partners with CyberSource to Enhance Payment Offerings for International Expansion
Jan 15 14
CyberSource announced a partnership with PAYSBUY. This strategic agreement enables PAYSBUY to expand its business internationally by delivering secure online payment services to its merchants. Through CyberSource's payment tokenization service, PAYSBUY and its merchants will be equipped to store valuable customer card information as tokens, which offer greater payment security, in a Payment Card Industry Data Security Standards (PCI DSS) compliant environment. Each token is a unique identifier that replaces the consumer's payment data, allowing merchants to securely streamline their checkout process for repeat customers. This is made possible by removing the customer's account number from the merchant environment and storing it on CyberSource's secure servers. PAYSBUY and its merchants will not need to handle full credit card details, ultimately increasing merchants' data security. Along with CyberSource's hosted payment page solution Secure Acceptance, tokenization allows PAYSBUY to remove the need for recurring customers to key in their payment details with every payment transaction. This enables their customers to check out with just one click.
VTC Intecom Partners with Cybersource to Grow Internationally
Dec 4 13
CyberSource announced a partnership with VTC Intecom. This partnership with CyberSource supports VTC Intecom's strategy to gain leadership in the Vietnamese eCommerce market and expand its international business by enabling secure and effective payment management capabilities for its online platform. Through CyberSource's global payment gateway, VTC Intecom will be able to offer its merchants the option of accepting a wider spectrum of payment methods; and its customers a secure online payment platform. Using the same payment connection, VTC Intecom is also adopting CyberSource's payment tokenization service to enhance payment security during the authentication process of all online transactions, including transactions via eWallets. By operating with payment tokens, instead of managing payment data, the company minimizes the risks of having to handle or store the customer's card information.
Alipay Continues to Expand Cross Border Sales Through CyberSource Fraud Management Partnership
Nov 20 13
A partnership between CyberSource and Alipay has led to improved fraud management practices across the entire Alibaba eCommerce portfolio. This includes AliExpress, Taobao and Taobao's
external merchants. By utilizing CyberSource Decision Manager, AliExpress has maintained low fraud rates for their cross-border B2C business. Due to this partnership, the company has been able to reduce its fraud rates further, enabling Alipay and its merchants to significantly improve their fraud management capabilities as well. In addition to Decision Manager, CyberSource also provides Alipay with Managed Risk Services to add scale and expertise to Alipay's existing team. CyberSource's risk analysts' global and vertical fraud management strategy expertise helps Alipay to better protect the interests of its merchants, while expanding global business interests. CyberSource Decision Manager features the World's Largest Fraud Detection Radar, helping
Alipay to pinpoint fraud faster, more accurately and with less manual intervention. This is achieved by screening inbound orders against data and correlations from more than 60 billion
transactions processed by Visa and CyberSource annually. The transaction data is supplemented by 260 validation and correlation tests, which enable the solution to effectively expand the depth and breadth of visibility in transaction patterns. CyberSource's Managed Risk Services combines Decision Manager with fraud consulting services to assist and optimize fraud management operations via performance monitoring. With a tailored solution as well as ongoing monitoring and tuning according to specific business needs and market conditions, Alipay benefits from fewer orders needing to undergo manual review.
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