Tuesday, October 30, 2007

SpiceJet Implements CyberSource's Decision Manager

SpiceJet has implemented an automated risk management solution from CyberSource to help minimise online fraud. CyberSource Ltd, a provider of electronic payment and risk management solutions, is providing SpiceJet with its Decision Manager solution.
The implementation of Decision Manager will enable SpiceJet to automatically screen transactions for fraud, reducing the burden of manual intervention on the airline. Decision Manager examines each transaction, and determines whether the online order should be accepted, reviewed or rejected.
Partha Sarathi Basu, chief financial officer, SpiceJet, said, "CyberSource Decision Manager is highly customisable and can easily be updated to suit our business. The solution fits well into the company's overall e-business strategy as it enables us to control fraud without additional resources required to manually screen transactions. This is an ideal strategy for a low cost business model."
29/10/07 EFYTimes
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