RealTime IT News

Bankone.com Signs With CyberSource

Bank One Corp.'s financial supersite, bankone.com, signed with CyberSource Corp. for payment processing and risk management services.

Bankone.com provides online investing, electronic billing/payment, funds transfers, loan applications, and financial news.

"We needed an e-commerce partner who could match our level of customer service and reliability," said Mike Johnson, president of Interactive Delivery Services for Bank One Retail Group.

"After an extensive evaluation, we selected CyberSource for its scalability, superior fraud screening service, very high level of data security and their expertise in providing and managing outsourced services."

CyberSource provides an outsourced suite of e-commerce transaction services on a per service, "pay as you grow" basis, including credit card services, tax calculation, Internet fraud screen enhanced by Visa, fulfillment messaging, delivery address verification, digital delivery, digital warehousing, policy compliance and export compliance.