Travelport to roll out fraud screening solution

Airline industry incurs losses of US$1 billion per year from payments made on stolen, compromised or fake credit cards, IATA says

Travelport has partnered ACI Worldwide, a provider of electronic banking and payment solutions, to launch an intelligent fraud control and settlement solution for its airline customers.

Named Travelport Authorize Plus, the solution enhances Travelport’s existing Card Payment Gateway by integrating with ACI’s ReD Shield platform. Part of the UP Payments Risk Management solution, ReD Shield delivers real-time, cloud-based multi-tiered fraud prevention for eCommerce merchants.

Airline industry incurs losses of US$1 billion per year from payments made on stolen, compromised or fake credit cards, IATA says

The integration will allow Travelport’s airline customers to track ticketing purchase processes right through to the completion of a journey. Additional features include the dynamic fraud screening of card payments used to purchase air tickets via Travelport-connected agents, the ability to flag and prevent ticket issuance, and detailed online management reports of all transactions and status.

According to IATA, the industry incurs losses of US$1 billion per year from fraudsters using stolen, compromised or fake credit card details to buy airline tickets.

Derek Sharp, senior vice president and managing director of air commerce, Travelport, commented: “The major advantage of combining Travelport Authorize Plus with ACI ReD Shield is that we have built a fully integrated solution, which applies fraud control management without the need for both our airline and agent customers to do any major development or change their workflow process of today.”

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