Retail Decisions Expands Footprint in Travel Industry: Opodo Selects Retail Decisions for Fraud Prevention

SURREY, England & HAZLET, N.J.--(BUSINESS WIRE)--Retail Decisions (ReD), the payment card issuer and a world leader in card fraud prevention and payment processing, is pleased to announce that Opodo, a leading Pan-European online travel company specializing in worldwide travel, selected ReD to provide fraud prevention services for its UK, German, French and Italian Web sites. Opodo is owned by Amadeus, the biggest processor of travel booking in the world.

“We are confident that Retail Decisions’ fully integrated fraud prevention service will assist our anti fraud team in spotting fraud much earlier in the transaction lifecycle, while maximizing our optimal good sales potential”

“ReD is well known for its depth of experience in providing the travel sector with fraud prevention and payment processing,” said Carl Clump, CEO of Retail Decisions. “We are delighted to have been chosen by one of the world’s most successful online travel companies and look forward to helping their team fight fraud, while safeguarding their revenue potential and optimizing their internal fraud prevention costs.”

Retail Decisions will also process German Direct Debit (ELV) transactions from the German Opodo Web site. Opodo addresses the real needs of today’s traveler by offering an unbiased and competitively priced online travel service for world travel, with access to flights from over 500 airlines, over 65,000 hotel properties and over 7,000 car hire locations worldwide, as well as travel insurance.

“We are confident that Retail Decisions’ fully integrated fraud prevention service will assist our anti fraud team in spotting fraud much earlier in the transaction lifecycle, while maximizing our optimal good sales potential,” said Ignacio Martos, Opodo. “Retail Decisions has an outstanding reputation in serving the travel sector in its fight against fraud.”

Opodo joins an impressive list of ReD’s blue chip travel related company clients that include: Travelocity, Hotwire, Thomas Cook, Harvey World Travel and Travelex.

Retail Decisions’, CNP Fraud Prevention service, ReD Shield, is a fully outsourced, real-time service that removes the requirement for a retailer to make a capital investment in a fraud prevention system and lowers on-going operating costs. The service combines neural technology with customized, merchant-specific velocity and compound rules coupled with ReD’s expertise. ReD Shield provides a real-time risk assessment recommendation designed to allow retailers to reach a balance between preventing fraudulent transactions, while maximizing good transactions.

About Opodo

Opodo was created by nine of Europe's leading airlines - Aer Lingus, Air France, Alitalia, Austrian Airlines, British Airways, Finnair, Iberia, KLM and Lufthansa. Amadeus, the travel technology company based in Madrid, took a 55% controlling interest in the company in June 2004, which increased to 74% in March 2005 and to 75.4% in June 2005.

Opodo operates in nine European markets: Germany, UK, France, Italy, Spain, Norway, Denmark, Finland and Sweden. Companies within the Opodo Group: Opodo.co.uk, Opodo.de, Opodo.fr, Opodo.es, Opodo.it, Quest Travel, (UK independent long-haul travel specialist), Karavel, (a leading French online tour operating company), Vivacances (French online travel agency) and Travellink (Nordic online travel agency).

About Retail Decisions

Retail Decisions (ReD) is a payment card issuer and world leader in card fraud prevention and payment processing. A specialist supplier to the payments industry worldwide, ReD has over 18 years experience in the fraud prevention market. Its blue-chip international clients come from the global telecommunications, retail, travel, petroleum, logistics, banking and the broader e-commerce sectors. They include Wal-Mart, Macy’s, Bloomingdale’s, Tesco, Texaco, Shell, Asda, Comet, Travelocity, T-Mobile and Virgin Mobile. Based in the UK, the company has offices in the United States, Australia and South Africa with representation in Japan and South America. More information about ReD is available at www.redplc.com.