Wednesday, 15 December 2010 05:41 PM
JACKSONVILLE, Fla., -- FIS™ (NYSE:FIS), one of the world’s largest providers of banking and payments technology, today announced that Everlink Payment Services Inc., has deployed its Fraud Alert Management solution, making it available to Everlink’s 370 financial institution clients throughout Canada.
FIS Fraud Alert Management is a comprehensive fraud management platform that features the ability to adapt intuitively as new card and merchant data models are added. The solution also synthesizes intelligence drawn from billions of payment card transactions, weighs key attributes that identify fraud and isolates transactional patterns indicative of fraudulent activity. A unique attribute of FIS’ fraud solution is that it synthesizes credit, debit and prepaid transactions on the same platform, significantly improving accuracy through the monitoring of multiple types of cards. With the addition of this solution, FIS will help to protect Everlink’s 3.3 million debit cardholders in Canada from the latest fraud trends, while minimizing the overall impact to legitimate cardholder spending.
“In 2009, FIS safeguarded more than 47 million U.S. debit cardholders from fraud. FIS is pleased to expand this same level of protection into Canada,” said Frank D’Angelo, executive vice president, FIS Payment Solutions Group. “With our team of fraud analysts and associates working 24/7/365, we offer Everlink’s customer base the unmatched fraud prevention expertise they can count on to protect their cardholders and their bottom line.”
About Everlink
Everlink Payment Services Inc., 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. Central to its core mission, Everlink acts as a “universal gateway” for various ISO organizations and financial institutions which provide ATM, POS and other payments services, priding ourselves on reliability, highly competitive pricing and robustness of product offerings.
With extensive market share in the Canadian Credit Union and Bank industry, Everlink products, solutions and services are delivered today to more than 340 Credit Unions, 30 Schedule I and II banks, five major Group and Intercept Processors, and an increasing number POS and ATM ISOs. visit www.Everlink.ca.
About FIS
FIS (NYSE: FIS) is one of the world’s largest global providers dedicated to banking and payments technologies. With a long history deeply rooted in the financial services sector, FIS serves more than 14,000 institutions in over 100 countries. Headquartered in Jacksonville, Fla., FIS employs more than 30,000 people worldwide and holds leadership positions in payment processing and banking solutions, providing software, services and outsourcing of the technology that drives financial institutions. FIS is a member of Standard & Poor’s 500® Index and consistently holds a leading ranking in the annual FinTech 100 list. For more information about FIS, visit www.fisglobal.com.
Forward-Looking Statements
This news release contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. Forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations as to future economic performance and are not statements of fact, actual results may differ materially from those projected. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to: changes in general economic, business and political conditions and other risks detailed in the “Statement Regarding Forward-Looking Information,” “Risk Factors” and other sections of the Company’s Form 10-K and other filings with the Securities and Exchange Commission.
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For More Information:
Marcia Danzeisen, 904.854.5083
Senior Vice President
FIS Global Marketing and Communications
[email protected]
or
Mary Waggoner, 904.854.3282
Senior Vice President
FIS Investor Relations
[email protected]