Financial News

As Cybercrime Soars, New Innovative Software Will Protect Businesses and Customers

Texas-based Company Red Maple Launches Clever Division to Safeguard Data

SAN ANTONIO - August 5, 2021 - (Newswire.com)

It happens every day, crippling its victims. Cyberattacks soared to record levels this year, compromising the private information of millions of people and costing U.S. companies $4 billion in 2020, according to the FBI's Internet Crime Report. Texas-based company Red Maple™ launched Clever Division on Aug. 1, 2021. This innovative software helps stop cybertheft and fraud, protecting businesses and customers.

While nothing can stop bots and cybercriminals from virtually attacking businesses, with Clever Division, hackers won't find anything valuable to steal. Businesses will no longer collect and store critical customer data such as credit card numbers, security codes and birthdates. Clever Division safeguards it all. 

"Clever Division offers a breakthrough solution for merchants worldwide. It eliminates one of the main reasons hackers target websites — to access credit card data. All they will find is partial numbers. Clever Division also greatly reduces the risk of ransomware attacks," said Patrick Hodo, COO of Red Maple. 

While customers traditionally give businesses their credit card number to make a purchase, consumers can now enter their own information directly into a Clever Division interface. Clever Division divides the numbers and locks them in separate, secure vaults. Once the information is authenticated and verified, Clever Division sends the business a secure token to complete the sale, deleting the remaining numbers. Even if hackers break in, they won't be able to use the scrambled, incomplete information.  

Clever Division offers flexibility. Customers can place their orders online, by phone, email, text or message with three options.  

1. Businesses and customers both enter information: The business enters two-thirds of the customer's credit card number into Clever Division. Using two-factor authentication, the system automatically generates an email, text or phone call to the customer who then enters the remaining one-third of the credit card number.

2. The business does it all: Business employees enter entire credit card number into the Clever Division interface.

3. Customers do it all: Customers have the option to enter the full credit card number directly into the interface.

Clever Division fully integrates with multiple major credit card processors so merchants can be operational in one week. Visit https://www.redmaple.com/clever-division/ 

Media Contact: Diane White, Diane@DianeWhitePR.com, 918-770-3905

About Red Maple

Red Maple™ specializes in developing turnkey solutions that natively expand capabilities of Microsoft Dynamics™ AX and Dynamics 365 for Operations. Globally deployed by 500+ companies, Red Maple's solutions offer Extensions and Additions to AX. Advanced Extensions support complex business processes for credit cards, commissions, workflow, and recurring billing (including maintenance, usage, and royalties). Their Horizontal Additions add new capabilities for revenue recognition, warranty management, chargeback claims management and mobile workflow. Red Maple also provides industry-specific solutions for both retail and software distribution. The company's Advanced Credit Card solution enables businesses to securely accept and process credit card payments using native integration without hidden costs. 




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Original Source: As Cybercrime Soars, New Innovative Software Will Protect Businesses and Customers
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