About CyberSource
CyberSource Corporation (NASDAQ: CYBS) is a leading provider of electronic payment and risk management solutions. CyberSource also offers industry leading risk management solutions for merchants accepting card-not-present transactions. CyberSource Professional Services designs, integrates, and optimizes commerce transaction processing systems. Approximately 245,000 businesses use CyberSource solutions, including half the companies comprising the Dow Jones Industrial Average. The company is headquartered in Mountain View, California, and has sales, service, and development offices in Japan, the United Kingdom, and other locations in the United States including Bellevue, Washington, American Fork, Utah and Austin, Texas.
January 2009
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MOUNTAIN VIEW, Calif., Dec. 23 /PRNewswire-FirstCall/ -- CyberSource
Corporation (Nasdaq: CYBS), a leading provider of electronic payment and risk
management solutions, announced today that Bill McKiernan, chairman and chief
executive officer, and Steven Pellizzer, chief financial officer, will speak
at the 11th Annual Needham Growth Stock Conference in New York, NY, on January
6, 2009. Mr. McKiernan will discuss CyberSource's position in the industry and
its principal initiatives; Mr....
Record fraud losses for U.S. eCommerce;
10th annual CyberSource survey shows merchants shift priorities in down
economy
Key take-aways from this year's survey include:
-- Projected dollar losses to U.S. eCommerce will hit a record $4 billion
in 2008 (up from $3.7 billion in 2007).(1)
-- Merchants expect to lose 1.4% of their online revenue to fraud - this
rate has held constant for th...
MOUNTAIN VIEW, Calif., Nov. 21 /PRNewswire-FirstCall/ -- CyberSource
Corporation (Nasdaq: CYBS), a leading provider of electronic payment and risk
management solutions, today announced that its Board of Directors has approved
a new stock repurchase program that authorizes the Company to buy up to $15
million of its common stock. The Company will fund the program with available
cash on hand and may repurchase shares in the open market from time to time
based on market conditions and ot...