MARKHAM, Ontario, November 22nd, 2010 – Everlink, a leading provider of Integrated Payment Solutions and Services in the Canadian marketplace, is pleased to announce that its Fraud Management solution was successfully implemented and is protecting live debit card transactions, using the Canadian Debit model for scoring transactions in near real-time.
As described at Everlink’s Connections ’10 client conference, 60 days of individual cardholder transaction data was loaded into the Fraud Management system to learn the cardholder patterns of behaviour for the first client prior to implementation. Millions of transactions were taken into consideration when compiling the data. Card Alert secure email notifications are being sent out for cases where further fraud analysis is triggered.
Everlink has partnered with one of its parent companies, FIS, a global leader in Fraud Management solutions, in providing this best in breed service offering based on a neural network and advanced analytic techniques drawn from billions of payment transactions analyzed from around the world.
“We are very proud of our world-class, proven Fraud Management service offering,” said Mark Ripplinger, President of Everlink. “This is a premiere tool in the ongoing effort to address escalating card-based fraud and mitigate related losses.”
Everlink Payment Services Inc. based in Markham, ON, is a joint-venture company owned by FIS and Celero Solutions, and is fully compliant and EMV certified with the Interac, MasterCard and Visa associations. Everlink is a recognized leader in the dependable secure delivery of Electronic Transaction Processing services, EMV Chip, Managed ATM Services and Integrated Payment Solutions in the Canadian financial services marketplace. Everlink is the first in Canada to instantly issue a fully personalized, Interac and MasterCard certified EMV Chip card.
To learn more about the Everlink suite of integrated payment solutions, please contact one of our Business Development or Channel Sales & Marketing team members at 1-866-388-0076 or view our contact page.
For additional information on any other issues, please contact Paul Mighton, Vice President, Channel Sales & Marketing at Paul.Mighton@everlink.ca or (416) 659-2039