Incorporating four modules, namely Payment Director, FraudShield, RapidReviewer and Fraud Management Professional Services, the ClearCommerce system has been designed to connect from the merchant’s “shopping cart” page to other internet payment pages. Merchant users can also embed the application in mail order/telephone (MOTO) environments for CNP (Cardholder-Not-Present) payment acceptance. Moreover, with the new application, FIS aims to support multiple market sectors including retail, hospitality as well as travel.
In recent news, FIS has entered a partnership with US-based financial services provider Lake City Bank, a subsidiary of Lakeland Financial, to provide the latter with its Integrated Banking Services (IBS) core banking platform.
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