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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.

Click here for a complete listing of what's available in the Payments News Archive - organized by both posting date and subject category.

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January 06, 2009

CSC, Sentenial Strategic Alliance for SEPA Direct Debit

CSC has announced that it has formed an alliance with direct debit solution provider Sentenial to offer a Single Euro Payments Area (SEPA) direct debit software-based payment solution. According to CSC, "the offering will enable European banks to provide corporate and public sector customers with a comprehensive SEPA direct debit service ahead of the November 2009 target date set by the European Payments Council. SEPA is an initiative of the European banking industry that aims to make cross-border electronic payments as fast, secure and efficient as domestic payments within one country." READ MORE »

May 28, 2008

CSC Powers MasterCard Debit, Prepaid Processing Platform

CSC has announced that "MasterCard Worldwide is using CSC's CAMS II Card & Merchant System to power its newly launched debit and prepaid processing platform, MasterCard Integrated Processing Solutions (IPS). The MasterCard platform provides a suite of debit and card issuer processing services that enables financial institutions to quickly expand their payments offerings across banking channels." READ MORE »

December 21, 2004

CSC Benchmarks Card Management Software

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."

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