Cleveland, OH/Baden-Baden, Germany (PRWEB) November 11, 2014
CardinalCommerce, the global leader and pioneer in the remote payments industry, and arvato Financial Solutions, a leading global financial services provider, have agreed to offer CardinalCommerce’s Consumer Authentication solution to their Customers in 40 countries, including Germany, France, Spain, the UK and China.
arvato Financial Solutions is increasingly supporting technologies that radically simplify all kinds of payment flows. This will enable their Customers to cover the entire financial value chain from friction-free international risk management fulfillment to integrated order-to-cash management. Alternative digital and mobile payment services and intelligent accounts receivables management complete this portfolio to benefit all Customers. Cardinal’s Consumer Authentication will be available as part of arvato’s suite of merchant solutions, and will allow merchants to take control of their Consumer Authentication with its rules-based solution.
Marco Jostes, Executive Vice President at arvato Financial Solutions, is delighted about the co-operation: “arvato Financial Solutions can now offer Cardinal’s premium Consumer Authentication solution as part of the integrated technical solutions and high-quality sustainable risk, fraud and accounts receivables services that we provide to our Customers. With Cardinal’s products and our services, our Customers will be able to increase sales and reduce their fraud and chargebacks by using Cardinal’s sophisticated rules engine.”
Alasdair Rambaud, Senior Vice President of Merchant Services at Cardinal, said: “The Cardinal team is excited to be able to share our Consumer Authentication solution with arvato’s Customers. It is the premier service available for Consumer Authentication, and we know that it will provide arvato’s Customers a unique opportunity to increase their transactions and minimize their fraud – a win-win for everyone.”
CardinalCommerce has been a pioneer and global leader in enabling authenticated payment transactions in the card-not-present payments industry since 1999. Through one connection to the proprietary SafeCloudTM payment platform, CardinalCommerce enables friction-free, technology-neutral authentication and alternative payment services (including digital wallets and mobile commerce services). Cardinal services, partners with and complements most providers in the marketplace to deliver their One Connection to secure transactions. In accommodating this growing number of payment brands and methods, Cardinal's platforms serve as universal switches, supporting virtually all merchant platforms, wallets, legacy processing systems and authentication methodologies. CardinalCommerce is headquartered in Cleveland, Ohio and services a worldwide Customer base from facilities in the United States, Europe and Africa.
For more information, visit http://www.cardinalcommerce.com
About arvato Financial Solutions
arvato Financial Solutions is a global financial service provider and part of Bertelsmann SE & Co. KGaA as a subsidiary of arvato AG.
The company has around 7,000 employees in 22 countries, including a strong presence in Europe, America and Asia, and offers flexible full-service solutions for the value-oriented management of customer relationships and cash flows. arvato Financial Solutions is synonymous with professional outsourcing services (Finance BPO) centering on cash flow in all phases of the customer lifecycle – from risk management and invoicing to debtor management, the sale of receivables and debt collection. As part of this, we focus on minimizing default rates in the business initiation phase and during the collection process. As a result, our services also include optimizing the selection of payment types internationally.
As a financial solutions provider, we manage around 10,000 customers, specializing primarily in the retail/e-commerce, telecommunications, insurance, banking and healthcare sectors. This makes us Europe’s third largest integrated financial service provider. Your one stop shop for financial services. Professional. Reliable. Efficient.
For more information, visit finance.arvato.com.
Vice President, Marketing
c/o arvato infoscore GmbH
part of arvato Financial Solutions