Welcome to the News View for "CSC".
Here, on these archive pages, you'll find all of the articles on Payments News for CSC listed in date sequence beginning with the most recent article at the top of the page.
Computer Sciences Corp. (CSC) has announced the results of a performance and scalability benchmark test of is CAMS II card and merchant system. CSC's five-month testing project demonstrated that the strategic in-house card management platform can process a simulated workload of 100 million active cardholder accounts.
"Most U.S. credit card processing is outsourced to third parties who achieve scale economies through product standardization," said Theodore Iacobuzio, vice president of research at TowerGroup, a leading financial services research and advisory firm. "An in-house alternative would contribute to a sea change by enabling more flexible credit-card processing at scale, under the issuers' direct control."