The TSYS ProPay unit has teamed up with UT-based ThreatMetrix to introduce TSYS Guardian CyberShield. The solution is a cloud-based, real-time identity verification tool which helps validate returning customers and prospects, while protecting a wide range of transactions, including account creation, login authentication, and payment authorization.
The solution effectively differentiates between legitimate customers and potential fraudsters by leveraging the rich data and analytics in the ThreatMetrix Global Trust Intelligence Network. This provides TSYS Guardian CyberShield access to the largest trusted identity network of shared intelligence, and provides insight into positive and negative behavior and threat intelligence ” for both online personas and devices ” using trust-based authentication. The Network sees more than 500 million monthly transactions, and protects more than 160 million active user accounts, 2,500 customers and 10,000 websites.
The new TSYS solution empowers businesses to analyze the digital personas of website visitors in real time ” including their previous online behaviors and transactions ” before authorizing an online transaction. By doing so, TSYS Guardian CyberShield helps businesses reduce friction and arduous screening for legitimate returning online customers, while stopping cybercriminals in their tracks.
Since 1997, ProPay has provided simple, secure and affordable payment solutions for organizations ranging from the small, home-based entrepreneur to multi-billion-dollar enterprises.
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