FIS™, one of the providers of banking and payments technology, announced the launch of its comprehensive ClearCommerce® ePayment processing and fraud prevention solution as a hosted service in Europe. This new offering will support multiple market sectors including retail, hospitality and travel.
ClearCommerce is already used by a number of leading U.S.-headquartered e-Commerce retailers and is now being made available as a hosted and managed services solution for any organisation in Europe that accepts online payments. The system connects from the “shopping cart” page of a Web site to any Internet payment page and can also be embedded in mail order/telephone (MOTO) environments for fast, secure and reliable Cardholder Not Present (CNP) payment acceptance.
“As a hosted service, ClearCommerce increases order acceptance rates, making it easier for customers to pay while reducing the cost of fraudulent orders and charge-backs. Cumulatively, this can make a very real difference to a company’s bottom line,” said Ian Benn, managing director, FIS Payment Solutions, EMEA.
“The hosted approach ensures that FIS takes responsibility for full Payment Card Industry (PCI) compliance. As FIS operates its own secure data centres, merchants do not need to make a significant investment in the IT infrastructure necessary to ensure 24/7/365 service to their customers. FIS also provides multi-language customer call centre support through a managed services agreement, giving merchants and vendors a complete ePayment and fraud management solution for the online marketplace.”**
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PriceMetrix is a software firm that helps retail wealth management firms and their advisors optimize selling efforts, manage clients, identify growth opportunit ...
Steve Husk, CEO of FRSGlobal, discusses the factors financial institutions are faced with in order to equip themselves against the current regulatory environment.
The adoption of IFRS for Canadian companies is in full swing. As of January 1, 2010, Canadian companies are required to file financial statements under IFRS. Although Canadian GAAP and IFRS are similar, there are three main differences that have posed a challenge for companies: effectiveness testing, hedge accounting eligibility, and fair value measurement. While not an exhaustive list, these issues have posed the greatest challenge for Canadian corporations during the first quarter of 2010. The following paper clarifies some of the differences in hedge accounting between Canadian GAAP and IFRS and shares best practices for hedge accounting to help Canadian corporations navigate through the transition.
With this Spring 2010 Edition of the Phone System Comparison Chart quickly see differences between brands like Avaya, Mitel, Cisco, ShoreTel, 8x8, Panasonic, etc and compare over 94 phone systems by 52 brands for small to big business.