Synovus has selected the Cyota SecureVbV-Processor Service to deliver Verified by Visa to its 39 affiliate banks. Synovus’ implementation of Verified by Visa will be delivered by TSYS, Synovus’ payment processing affiliate, which implemented Cyota’s complete SecureSuite platform last year. Synovus has made the service available to all of its consumer credit and check card customers since November 1st.
Currently Cyota powers approximately 80% of the Verified by Visa eligible cards in the US. Cyota is the leading provider of Verified by Visa and MasterCard SecureCode with systems in production with some of the world’s largest financial institutions, including Bank of America, Bank One and Credit Saison in Japan.
Cyota SecureVbV-Processor allows financial institutions that process several institutions’ transactions to have a unified Verified by Visa service for their complete client base. SecureVbV-Processor provides financial institutions with comprehensive tools including the ability to customize the service to meet specific needs.