Feeds

Datacash tracks down the 3rd Man

If I offered you twenty thousand pounds £3.25m...

5 things you didn’t know about cloud backup

Payment service provider Datacash has offered £3.25m to buy UK-based credit card fraud experts the 3rd Man. The offer, announced Monday, represents 30p per share, a 18 per cent premium of 3rd Man's trading price on 22 November.

The 3rd Man said the deal will allow it to expand internationally. Andrew Goodwill, a director at the 3rd Man, added that the deal will allow the 3rd Man to add data from Datacash, making its fraud prevention service more robust and comprehensive. The 3rd Man is expected to continue trading under its own name.

The 3rd Man runs a database-based service that gives online merchants the opportunity to share information on actual or attempted internet scams, reducing card fraud. The firm expanded when it bought Early Warning, another anti-fraud service founded by former online computer components reseller Goodwill, in November 2007.

In a statement, Datacash said that no redundancies are expected to flow out of the deal. More details on the deal can be found here (pdf). ®

5 things you didn’t know about cloud backup

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?