Dialect Solutions Group receives J/Secure Certification from JCB
Announcement posted by Dialect Solutions Group 13 Aug 2004
Dialect Solutions Group, Australia's largest provider of interactive services, payment technologies and payments solutions, today announced it has received J/Secure certification from JCB, an international credit card brand with more than 51.6 million cardholders worldwide.
Launched in April 2004, J/Secure is JCB?s proprietary authentication program that uses the 3-D Secure(tm) protocol to secure online credit card payments. It was introduced by JCB to provide its customers with greater security and confidence when making Internet credit card payments.
3-D Secure is a protocol that adds an important secret password identification step to the traditional online shopping process. Similar to entering a PIN at an ATM, it ensures that only the true cardholder can use their credit card details online.
"Dialect's Payment Technologies lead the market in 3-D Secure functionality and demonstrate our dedication to stay fully compliant with all of the latest developments and initiatives in the payments industry," said Col Chandler, Chief Executive Officer of Dialect Solutions Group.
"J/Secure compliance strengthens our existing certifications with Visa's Verified by Visa and MasterCard's MasterCard SecureCode schemes. This is core to Dialect supporting our customers in their aggressive growth plans across all regions," he said.
"Providing an additional step such as J/Secure to online authentication gives cardholders extra piece of mind when transacting over the Internet. This increase in online consumer confidence is reflected in the growth seen across key industry segments such as online travel and entertainment," said Mr Chandler.
According to IDC, eCommerce spending in Asia Pacific has jumped from $17.5 billion in 2000 to approximately $314 billion in 2004, and from five percent of the total global market to 10 percent over the same period.
"Online transactions will only continue to increase with time which is why authentication protocols such as J/Secure will become even more important as a step against identity fraud in online commerce," said Mr Chandler.
Dialect delivers payment technologies and secure payment-processing solutions to a number of the world?s leading financial institutions, card associations and corporations. Its technology provides secure transaction environments that enable authenticated payments processing between organisations and their customers.
- ends -
About Dialect Solutions
Dialect translates technology solutions for leading edge payments processing and interactive communication services, into profitable business relationships. With a vision to providing leading telephony and payment services to customers on a global basis, our philosophy is simple: understand the needs of the client, educate them to the possibilities and deliver solutions that meet, and often exceed, their requirements.
Headquartered in Sydney, with international offices and reach, Dialect employs a large team of experienced staff, including consultants, analysts, developers and customer service personnel. Customers include financial institutions, multinational corporations, government organisations, merchants, call-centres, media and marketing agencies. The company has a strong heritage that stretches over 10 years and boasts a global presence and a diverse client base. www.dialectsolutions.com.au
About JCB Co., Ltd
JCB is an international credit card brand and the largest card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding overseas in 1981. Its merchant network includes 11.7 million merchants and spans 189 countries and territories. JCB cards are now issued in 18 countries and territories, with 51.6 million cardmembers. As part of its international growth strategy, JCB has formed alliances with more than 320 leading banks and financial institutions globally to increase merchant coverage and cardmember base.
JCB's corporate philosophy of "Service from the heart", a commitment to responsive and high-quality service, continues to guide it as it creates the future together with its customers, merchants and partners. For further information, please visit the JCB Co. Ltd. Home page at: www.jcb-global.com/english or www.jcbinternational.com.
Launched in April 2004, J/Secure is JCB?s proprietary authentication program that uses the 3-D Secure(tm) protocol to secure online credit card payments. It was introduced by JCB to provide its customers with greater security and confidence when making Internet credit card payments.
3-D Secure is a protocol that adds an important secret password identification step to the traditional online shopping process. Similar to entering a PIN at an ATM, it ensures that only the true cardholder can use their credit card details online.
"Dialect's Payment Technologies lead the market in 3-D Secure functionality and demonstrate our dedication to stay fully compliant with all of the latest developments and initiatives in the payments industry," said Col Chandler, Chief Executive Officer of Dialect Solutions Group.
"J/Secure compliance strengthens our existing certifications with Visa's Verified by Visa and MasterCard's MasterCard SecureCode schemes. This is core to Dialect supporting our customers in their aggressive growth plans across all regions," he said.
"Providing an additional step such as J/Secure to online authentication gives cardholders extra piece of mind when transacting over the Internet. This increase in online consumer confidence is reflected in the growth seen across key industry segments such as online travel and entertainment," said Mr Chandler.
According to IDC, eCommerce spending in Asia Pacific has jumped from $17.5 billion in 2000 to approximately $314 billion in 2004, and from five percent of the total global market to 10 percent over the same period.
"Online transactions will only continue to increase with time which is why authentication protocols such as J/Secure will become even more important as a step against identity fraud in online commerce," said Mr Chandler.
Dialect delivers payment technologies and secure payment-processing solutions to a number of the world?s leading financial institutions, card associations and corporations. Its technology provides secure transaction environments that enable authenticated payments processing between organisations and their customers.
- ends -
About Dialect Solutions
Dialect translates technology solutions for leading edge payments processing and interactive communication services, into profitable business relationships. With a vision to providing leading telephony and payment services to customers on a global basis, our philosophy is simple: understand the needs of the client, educate them to the possibilities and deliver solutions that meet, and often exceed, their requirements.
Headquartered in Sydney, with international offices and reach, Dialect employs a large team of experienced staff, including consultants, analysts, developers and customer service personnel. Customers include financial institutions, multinational corporations, government organisations, merchants, call-centres, media and marketing agencies. The company has a strong heritage that stretches over 10 years and boasts a global presence and a diverse client base. www.dialectsolutions.com.au
About JCB Co., Ltd
JCB is an international credit card brand and the largest card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding overseas in 1981. Its merchant network includes 11.7 million merchants and spans 189 countries and territories. JCB cards are now issued in 18 countries and territories, with 51.6 million cardmembers. As part of its international growth strategy, JCB has formed alliances with more than 320 leading banks and financial institutions globally to increase merchant coverage and cardmember base.
JCB's corporate philosophy of "Service from the heart", a commitment to responsive and high-quality service, continues to guide it as it creates the future together with its customers, merchants and partners. For further information, please visit the JCB Co. Ltd. Home page at: www.jcb-global.com/english or www.jcbinternational.com.