CSGS - CSG Forte Combats Fraud with Launch of End-to-End Authorization Solution CSG Forte Authenticate
(NewsDirect)
CSG Forte , a CSG (NASDAQ: CSGS) company andthe expert in processing and making automated clearing house (ACH)payments more secure and reliable, today launched CSG ForteAuthenticate . To be successful, merchants need lock-tightauthentication capabilities that effectively reduce the risks of fraudand automate their processes. Authenticate is an end-to-end paymentssecurity solution that empowers merchants across verticals toseamlessly verify account owner ACH payments and reduce the risk offraud.
“At a time when fraudis surging, it is not a matter of if, but when fraud occurs. Fromcustomer convenience to ease of acceptance, CSG Forte Authenticategives merchants the ability to process ACH payments with confidence,securely and reliably,” said Jeff Kump, head of payments, CSG Forte.“CSG Forte continues to modernize our platform to reduce time toactivation, ensure that businesses get paid on-time with accuracy andintroduce new products that meet evolving customer demands. We’reproud to be industry leaders in helping merchants combat fraud.”
According to “TheState of Retail Payments in 2022” from Forrester Research, Inc.,September 2022, “improving security (fraud, management encryption)jumped to the top of the list of online initiatives, with asignificant 42% of retailers including it on their list ofpriorities.” With CSG Forte Authenticate at the center of ACHpayments, an insurance company can reduce fraudulent deposits andincrease customer loyalty and trust by depositing a check into theaccount owned by the person they are writing the check to.
With CSG Forte Authenticate, businesses can:
-
Reduce fraud or potentiallosses, establish a secure financial transaction relationshipand improve overall profitability
-
Ensure validated and non-failing inputs tothe processor/network, to drive increased acceptance rates
-
Catch errors in the earlystages of a transaction and prevent transaction delays, to deliver increased customer satisfaction and loyalty
Based on the MerchantRisk Council , the volume of ACH transactions has grown by over50% in less than a decade, which indicates that ACH payments are agrowing segment of the modern payments landscape. CSG Forte’sexpertise in same-day ACH technology allows merchants to fuel growthby receiving funds quicker and at a lower price than working withother payment processors. For more information about CSG ForteAuthenticate, join us at Money 2020 in Las Vegas #3-222 (VenetianTower) or visit https://www.forte.net/why-csg-forte/authenticate .
# # #
About CSG Forte
CSG Forte, a CSGcompany, delivers scalable digital payments for smarter and fasterbusiness growth. Our world-class, award-winning technology offers aunified end-to-end payments platform that easily adapts to changingneeds and empowers companies to transform their payments operationsinto a competitive business strategy. With CSG Forte, companies canprocess omnichannel payments and offer agnostic payment acceptance,shifting payments from a line-item expense to a profit center. CSGForte manages billions of payments annually for over 81,000 merchantsacross government, telecom, insurance, and other industries.
CSG empowers companiesto build unforgettable experiences, making it easier for people andbusinesses to connect with, use and pay for the services they valuemost. Our customer experience, billing and payments solutions helpcompanies of any size make money and make a difference. With our SaaSsolutions, company leaders can take control of their future, and tapinto guidance along the way from our more than 5k-strong experiencedglobal CSG services team.
Want to learn more about how to be a change makerand industry shaper like our 1,000-plus clients? Visit csgi.com to learn more.
Copyright © 2022 CSGSystems International, Inc. and/or its affiliates (“CSG”). Allrights reserved. CSG® is a registered trademark of CSG SystemsInternational, Inc. All third-party trademarks, service marks, and/orproduct names which are referenced in this document are the propertyof their respective owners, and all rights therein are reserved.
CSG Contacts
Jordy Spitale
Public Relations
+1 (504) 615-8820
John Rea
Investor Relations
+1 (210) 687-4409
Contact Details
Tammy Hovey
+1917-520-2751
CompanyWebsite
Copyright (c) 2022 TheNewswire - All rights reserved.