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New Consumer Authentication Solution From CardinalCommerce Receives Industry Recognition

CardinalCommerce Corporation

MENTOR, Ohio, March 27, 2013 (GLOBE NEWSWIRE) -- CardinalCommerce, a global leader in Consumer Authentication, today announced its selection as a finalist in the 2013 MRC Emerging Technology Awards (METAwards).

As the experts in deploying consumer authentication for over 40,000 merchants, CardinalCommerce has been recognized by the MRC for changing Consumer Authentication giving Merchants choice and control when deciding how to authenticate their customers.

Cardinal developed a comprehensive rules engine allowing Merchants to decide whom and when they authenticate. In addition, Cardinal and MasterCard announced their partnership on SecureCode Plus (+), altering the display of Consumer Authentication giving merchants flexibility when it comes to the consumer experience. Merchants can choose how they want to authenticate the cardholder by leveraging new technologies to dynamically include authentication and enrollment screens directly in their checkout process.

Tim Sherwin, EVP, Co-Founder CardinalCommerce commented: "Our new approach allows Merchants to configure rules on how to selectively authenticate their Customers. Merchants can choose to authenticate based on product price, product type, payment choice, IP location, shipping location, failed fraud screening and more. For example a Merchant can easily enable a high risk SKU to trigger authentication."

The METAwards recognizes solution providers delivering the most innovative, cutting edge technology for managing payments and risk in electronic commerce. "As the premier global fraud and payments association, we were pleased with the quality of innovative nominations received and congratulate the winners," said Tom Donlea, MRC's managing director for the Americas. Each nomination was evaluated for its innovation, potential for deployment, impact and relevance by a panel of merchants and solutions providers.

METAwards finalists will deliver short presentations to over 1,000 leading e-commerce professionals at the 2013 e-Commerce Payments and Risk Conference in Las Vegas on 28 March, after which the audience will vote live, via mobile text, to determine the winners in each category.

About the MRC

The Merchant Risk Council (MRC) is a merchant-led non-profit trade association focused on electronic commerce risk and payments globally. The MRC leads industry networking, education, benchmarking and advocacy programs to make electronic commerce more efficient, safe and profitable.

Headquartered in Seattle, Washington, the MRC has a European office in Madrid, Spain. Learn more at www.merchantriskcouncil.org.

About CardinalCommerce

CardinalCommerce has been a pioneer in the remote payments industry since 1999 and is a branded global leader in enabling authenticated payment transactions in the electronic commerce and remote commerce markets.

Cardinal's SaaS software platforms for merchants, banks, processors and transaction supply chain providers create friction-free interoperability among otherwise disparate and incompatible operating systems. Cardinal's platforms enable technology-neutral authentication across a wide range of applications. The Company's proprietary, patented solutions easily facilitate the addition of new technology for remote distribution channels through a single connection. This allows merchants to securely accept payments from the entire financial transaction ecosystem.

The universe of payments spans from traditional credit and debit card brands like MasterCard and Visa, to established and emerging alternative payment brands like PayPal, Green Dot®, and Alipay. In accommodating this growing number of payment brands and methods, and these technology and authentication approaches within legacy infrastructure, Cardinal's platforms serve as universal switches, supporting virtually all merchant platforms, wallets, processing systems and authentication methodologies.

CardinalCommerce is headquartered in Cleveland, Ohio and services a worldwide Customer base from facilities in the United States, Europe and Africa. For more information, visit www.cardinalcommerce.com

The CardinalCommerce logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=697

CONTACT: Media contact: Francis M. "Tim" Sherwin Executive Vice President and Co-Founder 877.352.8444 tims@cardinalcommerce.com

Source:CardinalCommerce Corporation