Press Release

CentralView, developed in-house, leverages extensive research and development to identify emerging risks in merchant processing activity and to increase CPAY’s fraud prevention capability. CentralView will provide real time data analysis of processing activity for the entire CPAY (www.cpay.com) merchant base by taking a detailed snapshot of merchant processing activity through multiple risk rules. CentralView also provides the ability to quickly determine and to identify risk or fraud through various monitoring and reporting tools.

“Managing risk in-house is an important step for Central Payment. Risk mitigation and fraud prevention are critical in minimizing losses for our merchants,” said Zachary Hyman, co-managing partner. “Because this is our own software, when we identify fraud trends, we can quickly and effectively make adjustments without the delay factor that is involved when using a third party software.

“We beta-tested CentralView for six months while mirroring our payment processing platform, to ensure that the data analysis provided a net improvement over existing systems. We are confident that CentralView will set a new industry standard.”