Online Check Processor Beefs Up Anti-Fraud Capabilities
Electracash has added services that help protect merchants from people misrepresenting their ID and age.
A merchant check-processing firm, Electracash Inc., has added two fraud-reduction features to its eCheck services.
New to Electracash are User Authentication and Age Verification. The modules use birth date, partial Social Security numbers, and other personal data to judge the identity and age of a buyer using an eCheck, or an electronic check. They're available as part of the service contract merchants sign with Electracash.
Electracash processes checks--both paper and eChecks--used to pay for retail goods. Merchants are charged per transaction and based on other factors, including the size of the transaction. Exact prices weren't disclosed.
The only other cost to merchants, according to the company, is the fee charged for investigating whether a merchant would make a good customer.
How Enterprises Are Attacking the IT Security EnterpriseTo learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
Infographic: The State of DevOps in 2017Is DevOps helping organizations reduce costs and time-to-market for software releases? What's getting in the way of DevOps adoption? Find out in this InformationWeek and Interop ITX infographic on the state of DevOps in 2017.
IT Strategies to Conquer the CloudChances are your organization is adopting cloud computing in one way or another -- or in multiple ways. Understanding the skills you need and how cloud affects IT operations and networking will help you adapt.