May
07

SafeCharge’s New Risk Management Platform Saves Client €100,000

Posted on May 7, 2013 by admin

SafeCharge successfully released its new generation Risk Management Platform which includes a super flexible rules engine functioning in real-time. While the switch has been gradual with the new system deployed in successive phases beginning Q1 2013, the new platform’s superior competence is already proven by a recently commissioned case study quantifying the fraud savings of BPG, an online gaming platform focused on the Italian market.

According to the study, whose time frame only covers a single instance of fraud attack in 2013, the process began with a SafeCharge risk expert suddenly noticing unusual activity in the BPG account. Many seemingly small and unrelated payment attempts were made back-to-back. As the new Risk Management Platform allows for immediate creation of new rules and does not require developers’ input, the SafeCharge team was super-fast in taking into account the typical profile of existing BPG clients and in creating new algorithms and rules to filter these unusual transactions.

After the new rules were created, the fraud attempts evolved to adjust to the new criteria. The SafeCharge risk team assessed that BPG was subject to a well-camouflaged and organized “spider-web” attack. Thanks to new platform, they instantly designed more complex rules to block out all transactions from this “web.” BPG reported estimated savings to be over €100,000 thanks to SafeCharge’s intervention.

“We were very pleased with the results of this study,” comments Yuval Ziv, the managing director at SafeCharge. “The release of this new platform is the result detailed design and market analysis, of a long development and testing effort. We have complete trust in our new risk management platform as it is crucial for us to meet the changing risk demands of the industry and our clients.”

The original case study can be viewed on the SafeCharge website, www.SafeCharge.com

About BPG
Founded in 2008, BPG SRL is a leader in the Italian gaming and sports betting markets. BPG offers a wide variety of daily betting options on dozens of sporting events, giving bettors of all levels the opportunity to participate and choose among single bets, multiple systems and live betting.

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Apr
23

SafeCharge Shortlisted for Two eGaming Review Awards

Posted on April 23, 2013 by admin

LONDON- SafeCharge International is proud to announce that it has been shortlisted for two awards in the following categories at the prestigious eGaming Review B2B Awards 2013, to be held on Thursday, June 6th at The Pavilion at the Tower of London.

  • Mobile Payments Solution of the Year – for SafeCharge’s easy-to-integrate and state-of-the-art mobile-web and in-app solutions that support single-tap payments and maximize mobile payment conversion.
  • Regional Payments Solution of the Year – for the dozens of local alternative payment methods SafeCharge supports, the availability of the SafeCharge Payment Page in many languages, and the automatic currency conversion based on geo-location.

“eGaming Review is a leader in providing business-to-business information for the online gaming industry and their B2B Awards is the most prestigious event of the year. It has always been an honor to be part of this community as a recognized payments service provider,” comments Shemer Katz, VP of Product and Marketing at SafeCharge. “We are looking forward to being there at the EGR B2B Awards in June.”

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Apr
10

Gala Coral and SafeCharge to Co-Present on PCI Compliance Outsourcing at the MRC London

Posted on April 10, 2013 by admin

Gala Coral, a preeminent European gaming and betting group, is to present a session on PCI compliance outsourcing with their established payment service provider SafeCharge, at the Merchant Risk Council (MRC) European Congress on April 17-19 in London. The joint session will be held on April 18th at 11:00a.m.

“As a big sports betting and gaming merchant, we have benefited tremendously from outsourcing our PCI compliance,” comments Jim Noakes, Head of Transactional Services Projects at Gala Coral, who will be co-presenting the session at MRC. “Leveraging the cumulative information capital and the latest technologies developed by SafeCharge, we were able to improve end-user experience, save on annual costs and reduce risks of card security breaches.”

Using a case-based approach, Noakes will expound on Gala Coral’s positive experience from initial set-up to implementation and performance measuring. Shemer Katz, Vice President of Product and Marketing at SafeCharge, will conclude the presentation by showing the technology behind Gala Coral’s successful outsourcing.

“A recent Gartner Research shows that the cost of in-house Level 1 PCI-related work is $693,000 per annum. As such, outsourcing has now become a major trend across industries,” says Katz. “Gala Coral was at the forefront of this wave. We provide them and dozens of other merchants a reliable PCI compliance alternative that comes with plenty of benefits including increased payment conversion and minimized risk of fraud.”

Both Noakes and Katz will be available throughout the conference for questions and further discussion.

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Jan
24

SafeCharge to Unveil Never-Before-Seen Payment Processing and Regulation Compliance Technologies at ICE Totally Gaming

Posted on January 24, 2013 by admin

SafeCharge is delighted to be a sponsor and a key contributor to the success of ICE Totally Gaming 2013.

At its booth at the Think Big Exhibit, SafeCharge will unveil never-before-seen technologies, including its new hosted payment page that not only delivers a complete solution for outsourcing PCI compliance, but also provides robust conversion maximizing tools. Designed with the understanding that the bottom line of the conversion funnel is payments, the new flexible variant tester embedded in the SafeCharge hosted payment page can be a gaming merchant’s most powerful tool for not losing players at that critical payment moment.

“Gaming merchants cannot afford to overlook payments as a key element in business growth,” comments Yuval Ziv, SafeCharge’s Managing Director, regarding the newest SafeCharge technologies. “Merchants have to use the services of a company that has been in business long enough to have mapped out the ways different payment cultures affect player behavior, and to have created technologies to turn these differences into opportunities.”

Another recent SafeCharge innovation, also to be showcased for the first time at ICE, is ID Verification – a solution that makes player onboarding process a breeze. The state-of-the-art ID Verification instantly assesses the authenticity of scanned ID documents uploaded from anywhere in the world. With faster, more effective and less costly player onboarding, companies that use ID Verification are to gain major competitive advantage and better compliance with Know Your Customer (KYC) requirements.

Attendees should visit SafeCharge at booth S2-413 to view live demos of SafeCharge’s full set of payment solutions for gaming and sports betting businesses, including the new hosted payment page and ID Verification.

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Jan
21

SafeCharge Receives Award for Best Payment System 2013

Posted on January 21, 2013 by admin

winner idate2013 idate awards best-payment

SafeCharge received the Best Payment System Award at the 2013 iDate Awards in Las Vegas.

“We are delighted to have received the Best Payment System 2013 Award,” says Yuval Ziv, the managing director at SafeCharge. “We have worked long and hard to develop solutions tailor-made to the needs of online and mobile dating merchants. We are constantly advancing and fine-tuning our solutions to be able to offer the most innovative payment processing and risk management technologies. With this award, our efforts are recognized by our clients and by the industry.”

SafeCharge’s 2013 payment processing product releases include a hosted payment page that comes with a theme builder and an a/b tester. While the theme builder allows merchants to custom-design their payment pages, the a/b tester measures payment page variants against each other for performance. Designed with the understanding that the bottom line of the conversion funnel is payments, this variant tester is the dating merchant’s most innovative tool for not losing end-users at that critical payment moment.

The most recent SafeCharge risk management product, the new version of the renowned SafeCharge risk management platform, now includes a flexible rules management tool allowing risk analysts to respond to the most sophisticated fraud attacks within minutes. With this feature, SafeCharge’s expertise in real-time fraud prevention has yet again been confirmed.

It is these products and more that led to SafeCharge’s receiving of the Best Payment System Award 2013. Every year, the internet dating industry awards recognize the best in show, in categories that are of interest to online and mobile dating merchants. With many industry insiders present, this year’s iDate Awards ceremony took place at Ceasars Palace in Las Vegas on January 17.

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Jan
16

SafeCharge to Unveil Never-Before-Seen Payment Processing and Regulation Compliance Technologies at iFXEXPO

Posted on January 16, 2013 by admin

SafeCharge is positioned to be a key contributor to the success of iFXEXPO 2013!

As a proud Gold Sponsor, SafeCharge will be showcasing never-before-seen payment, risk and related technologies at the IFXEXPO. A recent SafeCharge innovation, to be showcased for the first time, is ID Verification – a solution that makes trader onboarding process a breeze! Other to-be-unveiled technologies include a payment page that supports precision-tuned conversion optimizing via flexible variant testing. Attendees should visit SafeCharge at booth 27-28 to view live demos of these and other most up-to-date and powerful solutions!

Serious iFXEXPO attendees will also not want to miss the SafeCharge-sponsored session on payments, to be held on Day One at 11:30 a.m. With the understanding that payments are the bottom line of the conversion funnel, SafeCharge’s Managing Director Yuval Ziv will show brokers how not to lose traders at the critical payment moment.

“Forex and Binary Options brokers cannot afford to overlook payments as a key element in business growth. Brokers have to use the services of a company that has been in business long enough to have mapped out the ways in which different payment cultures affect trader behavior,” comments Ziv.  “Only a knowledgeable company such as SafeCharge can help brokers maximize payment conversion in every region.”

Participants will have post-session access to the SafeCharge presentation, as well as a chance to ask Yuval Ziv and other SafeCharge reps their questions throughout iFXEXPO.

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Jan
08

SafeCharge to Unveil Never-Before-Seen Payment Processing and Risk Management Technologies at iDate on January 16-18, 2013 in Las Vegas

Posted on January 8, 2013 by admin

As iDate’s proud Payment Industry Sponsor, SafeCharge will be showcasing never-before-seen payment, risk and related technologies at the iDate expo. A recent SafeCharge innovation, to be showcased at iDate for the first time, is Mobile inApp Payments – a solution that makes mobile app payments a breeze! Other to-be-unveiled technologies include an online and mobile-web payment page that supports precision-tuned conversion optimizing via flexible variant testing. iDaters should definitely visit SafeCharge at booth 47 to view live demos of these and other most up-to-date and powerful solutions!

Serious iDaters will also not want to miss the SafeCharge-sponsored payments panel, to be held on Day Two at 1:30 p.m. With the understanding that payments are the bottom line of the conversion funnel, SafeCharge’s VP of Sales Meidad Sharon will show merchants how not to lose end-users at that critical payment moment. “Online dating merchants cannot afford to overlook payments as a key element in business growth. Merchants have to use the services of a company that has been in business long enough to have mapped out the ways in which different payment cultures affect end-user behavior, including inclinations or aversions to subscriptions and trial offers,” comments Sharon.  “Only a knowledgeable company such as SafeCharge can help merchants maximize payment conversion in every region.”

Participants will have post-session access to Sharon’s presentation, as well as a chance to ask Sharon and other SafeCharge reps their questions throughout iDate.

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Nov
19

XEMarkets Successfully Incorporates SafeCharge ID Verification Service

Posted on November 19, 2012 by admin

XEMarkets, the trading name and registered trademark of Trading Point Financial Instruments Ltd., which is a prominent global currency brokerage active in many countries, successfully incorporated the real-time ID Verification service of SafeCharge into its Know Your Customer (KYC) practice, a set of regulatory compliance measures carried out during Trader On-boarding process to ascertain trader identity and minimize fraud.

Using Image Recognition Technology, ID Verification instantly detects forgeries on scanned identity documents uploaded from anywhere in the world. With this smart service added to its KYC practices portfolio, XEMarkets has now digitalized all ID checks and brought them to real-time.

“We completed the incorporation of ID Verification with success and are already very satisfied with the results. ID Verification allowed us to really speed up the trader onboarding process and save big on operational costs. We are now even able to spot well-crafted forgeries invisible to the naked eye right away,” says Andy Draniewicz, Head of Operations at XEMarkets. “ID Verification became a significant filter in our risk management platform; its effective mitigation of risk helps us tremendously in our efforts to comply with KYC regulations.”

ID Verification was designed to lead companies’ risk and compliance departments to work more efficiently and assertively, preventing financial losses stemming from undetected fraud. Hence, it promises to be a big time-and-money-saver for brokers.

“Our partners at XEMarkets have proved to be visionaries by their early adoption of this new compli-ance and risk technology. We believe it’s our years serving Forex and Binary Options brokers and our deep expertise in their payment processing that led XEMarkets to choose us,” says Yuval Ziv, Managing Director at SafeCharge. “We take pride in our innovatory products and services, and are committed to serving our prestigious clientele for many years to come.”

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Sep
28

We are exibiting at AppsWorld UK on October, 2-3.

Posted on September 28, 2012 by admin

Yes, that’ll be next week.

Developers, you are welcome for a pleasant conversation in our booth to learn how you can make money from your application using an innovative in-app payments solution. Our friendly team will be glad to see you there and find out the best payment solution for you.

Apps World has grown to be one of the leading global multi-platform events in the mobile industry. Developers, mobile marketers, mobile operators, device manufacturers, platform owners and industry professionals have all registered for two days of high level insight and discussion and we’re here to provide a payment solution to all of them.

SafeCharge welcomes developers to educate themselves about an effective payment solution for their app. Looking forward to see you there!

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Aug
13

Gala Interactive Integrates SafeCharge’s ONE-CLICK-PAYMENT SOLUTION For Online Deposits At GalaCasino.com

Posted on August 13, 2012 by admin

The One-Click-Payment Solution Protects Users’ Payment Details On New Casino Platform

Gala Interactive (Gibraltar) Ltd, a new division of  the Gala Coral Group, one of Europe’s preeminent betting and gaming businesses, has improved its users’ online payment experience and user-data security by integrating One Click Payment technology from SafeCharge on its newly released websites, GalaCasino.com and GalaBingo.com.

The improved user experience is achieved by allowing repeat customers to re-deposit online payments with a single click, while their credit card information remains safely stored in the SafeCharge secured repository.

Yuval Ziv, SVP Payments of SafeCharge International comments: “We are honored that our technology has been selected by Gala Coral. This is a stamp of approval for the superiority of our technology in this competitive market. Our company is committed to deliver innovative solutions to the payments processing industry and maintain our market leadership”

Gala Coral’s decision to partner with SafeCharge relieves them of the burden and cost of the significant regulatory requirements for storing credit card data themselves.  SafeCharge’s level 1 PCI-DSS certified technology enables the proven and well-respected credit card storage solution for the purpose of one click payments.

Says Alex Czajkowski, CMO of Gala Interactive: “The goal of launching all new GalaCasino.com and GalaBingo.com was to improve every aspect of the online player’s experience, from game play to deposits and payments. By partnering with SafeCharge we have received a comprehensive payments solution and a sleek, secure solution for credit card storage for payments in a click. We are absolutely satisfied.  The technology and services have met all of our expectations and have successfully passed our inspections and testing. Our players can rest assured that their personal information is safe with SafeCharge”

About Gala Interactive (Gibraltar) Ltd

Gala Interactive (Gibraltar) Ltd is a new division of the Gala Coral Group,  the only gambling company in the UK with significant businesses in the bookmaking, bingo and casino markets, both on the high street and online.  Gala Interactive has recently launched the GalaCasino.com and GalaBingo.com, with a state-of-the-art online casino on the PlayTech platform, featuring hundreds of games, live dealer options, millions of pounds in jackpots and the largest independent poker network in the world.  See GalaCasino.com or GalaBingo.com for more details.

Posted in Client Retention, Payment Security, SafeCharge | Tagged , | Leave a comment