This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

CA Technologies Helps Secure 'Safe Shopping' System For Cal Credit Card Company

Stocks in this article: CA

ISLANDIA, N.Y. and TEL AVIV, Israel, Feb. 13, 2012 /PRNewswire/ -- CA Technologies (NASDAQ: CA) today announced that Cal Credit Card company has deployed its "Safe Shopping" system using CA Arcot TransFortâ„¢ for Issuers.

CA Arcot TransFort is an access control server (ACS) that provides 3-D secure authentication and fraud prevention services for card processors and issues. The service is delivered as a cloud-based offering and provides multiple layers of protection and identity verification during cardholder-not-present shopping transactions.

The new Safe Shopping system at Cal Credit Card serves 1.7 million customers and enables Cal Credit Card to implement the 3-D Secure program quickly to reduce the risk of fraud in card-not-present transactions.

"We implemented the Safe Shopping project in order to increase our customers' confidence in making purchases online. CA Technologies solutions allow us to verify the cardholder's identity in real-time, while preserving an excellent user experience," commented Elad Saar, project manager, Cal Credit Card Company.

In order to take advantage of the new service, Cal Credit Card customers must sign up to use the service on Cal Credit Card's website, or during their first web purchase with Cal Credit Card. During the next online purchase, customers will then be asked to enter their personal password details in order to verify they are the cardholder.

"We chose CA Technologies Advanced Authentication solution because it supports the 3-D Secure protocol, which helps Cal Credit Card comply with the Payment Card Industry standard.  This gives our customers increased confidence that their transactions are secure," added Saar.

"We are delighted that Cal Credit Card has chosen our advanced authentication technologies to help secure its online shopping payment system. CA Advanced Authentication helps assure cardholders, card processors and issuers that the transactions taking place online have an added level of security," said Shai Onn, country manager, CA Technologies Israel.

(Logo:  http://photos.prnewswire.com/prnh/20100516/NY05617LOGO)

About Cal

Cal is owned by Israel Discount Bank (71.8%) and the First International Bank of Israel (28.2%). Cal issues and settles Visa, MasterCard, and Diners (issued exclusively in Israel by Cal) credit cards, and provides a wide range of issuing and clearing services, as well as payment solutions, to 1.7 million cards and 50,000 businesses. Cal employs 1,500 people, including 500 customer service representatives who provide personal and professional service.



1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,164.95 -251.90 -1.45%
S&P 500 1,994.99 -26.26 -1.30%
NASDAQ 4,635.24 -48.1670 -1.03%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs