IBM Has Successfully Accomplished the Security Audit of OpenWay’s WAY4 Web Banking System

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IBM Has Successfully Accomplished the Security Audit of OpenWay’s WAY4 Web Banking System

The IBM corporation (NYSE: IBM), international leader in the field of information security solutions, and OpenWay Group, international payment processing software vendor, have announced the security audit of the WAY4 Web Banking system has been successfully completed. The IBM Internet Security Systems consultants have performed a complex examination of WAY4 Web Banking.

January 30, 2009

The WAY4 Web Banking solution allows banks and processing companies to serve clients via the Internet. Internet-banking users get 24/7 access to a convenient web-interface with the ability to receive consolidated financial information, manage their cards, accounts and loans, make payments and transfers, setup personal profile options, etc. According to the final IBM Application Security Assessment Report, the OpenWay’s solution uses advanced information security methods.

IBM Internet Security Systems (ISS) is one of the leading security consulting groups. “Our specialists are highly experienced in tracking vulnerabilities in various software applications. We provide detailed technical and strategic recommendations on how to improve system defence against internal and external threats”, commented Alexey Ivlev, Information Security Consultant of IBM ISS.

“We are constantly improving the security of WAY4 solutions”, added Dmitry Yatskaer, Chief Technology Officer, OpenWay Group. “We entrusted the security audit of WAY4 Web Banking to the IBM Corporation as the acknowledged independent expert in this field”.

IBM Internet Security Systems

IBM Internet Security Systems is the trusted expert of global enterprises and world governments, providing products and services that protect against Internet threats. IBM ISS delivers proven cost efficiencies and reduces regulatory and business risk across the enterprise for customers worldwide. IBM ISS products and services are based on the proactive security intelligence conducted by the IBM ISS X-Force research and development team — the unequivocal world authority in vulnerability and threat research.

http://www.ibm.com

OpenWay Group

OpenWay Group (www.openwaygroup.com) is a payment processing software vendor (rated as strong positive by Gartner, 2009*). Its WAY4 Card Issuing and Merchant Acquiring, Loan Management, Personalised Remote Banking, Payment Switch/Hub, Behaviour Loyalty and other payment solutions successfully operate at more than 90 banks, processing and telecom companies in Europe, US, Asia, the Middle East and Africa.

WAY4 is a customer-centric rule-driven environment for debit, credit and prepaid cards, deposits, loans, current accounts, mobile money and other financial products, for targeted marketing campaigns and personalised self-service via ATMs, kiosks, POS terminals, web, mobile banking and other channels.

WAY4 supports 24/7 high-speed processing on open platform clusters.

WAY4 solutions are SEPA-compliant, certified by MasterCard, Visa, AMEX, Diners Club, JCB, CUP, and PCI SSC (PA-DSS compliance).

* The report “MarketScope for Multiregional Card Management Software” by Kristin R. Moyer, 27.05.2009. The MarketScope is copyrighted 2009 by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

http://www.openwaygroup.com

You can contact us at:

Marketing Department
OpenWay Group
marketing@openwaygroup.com

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