TITLE

Visa's CyberSource Buy Is an Anti Fraud Play

AUTHOR(S)
Wolfe, Daniel
PUB. DATE
May 2010
SOURCE
Bank Technology News;May2010, Vol. 23 Issue 5, p13
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the strategic plan of Visa Inc. to acquire CyberSource Corp. for two billion dollars cash in the U.S. It states that the deal is part of its security efforts to its mobile and online commerce operations. According to Joseph W. Saunders, chief executive officer (CEO) of Visa, the company's integration with CyberSource could be beneficial to its position in the mobile e-commerce industry.
ACCESSION #
50740651

 

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