Chennai, Oct 12 (UNI) Leading airline service provider Jet Airways would implement an automated online risk (fraud) management solution.
CyberSource Ltd, a wholly owned subsidiary of CyberSource Corporation, a leading provider of electronic payment and risk management solutions, was providing its Decision Manager solution to Jet Airways to help streamline online risk management processes and reduce fraud, a company release said here today.
Jet Airways selected CyberSource's Decision Manager, based on the product's proven flexibility, reliability, scalability, as well as CyberSource's reputation in the payment Industry.
Decision Manager automatically evaluates transactions in real-time, and based on a combination of rules determined by Jet Airways, the airline was able to estimate whether the online ticket purchase should be accepted, rejected or reviewed. All this happens within a span of a few seconds.
The rules can be updated at any time via an easy-to-use business interface.
This flexibility enables companies to continuously adapt fraud screening strategies to meet the unique requirements in the market place, the release added.