View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
October 8, 1998


By CBR Staff Writer

CyberSource Corp, which started life as the IT organization behind software retailer Beyond.Com, has added a Java-based digital delivery application and fraud screening to the e- commerce hosting services it provides to big companies. CyberSource SmartCert provides commercial-grade support for x.509 digital certificate-based downloads of digital content. The certificates validate the customers’ rights and manage the streaming of content from the merchant’s site onto the customers’ system. If the download is interrupted, SmartCert can pick up from the point of failure. In this way CyberSource can use the net to deliver not only software but also business intelligence and photos from commercial image banks. CyberSource IVS is an automated fraud screening application for web merchants. Credit card transactions are rated for credibility according to whether their IP address and physical address agree, for example. Other indicators of fraud include multiple orders from the same card in a short period of time, whether or not the purchase is being made during normal shopping hours, and variance between the billing and shipping addresses. Clearly, no single one of these variables is a reliable indicator of fraud, but when such parameters are taken together CyberSource says it can reduce the risk from about 21% of transactions to below 1%. This has proved particularly useful for, which had a serious problem with fraudulent credit card transactions before moving operations to CyberSource. CyberSource hosts its data centers with Exodus in the Bay Area and EDS in London, and leases its secure private network from Digital Island. With this infrastructure the company says it can manage all aspects of online transactions, from tax calculation through export control and territory management to fulfillment and settlement. All clients need is a web site, a product set and a bank account. Set-up costs range from $500 to $5,000 and per-transaction fees average between $0.85 and $1.25, with a minimum monthly fee in the $100-$500 range. As well as Playboy and, Novell, Microsoft, Adobe, Compaq and HP manage their ecommerce through CyberSource.

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.