Fleet: Admiral Group extends fourteen year collaboration

Admiral Group  has announced the three-year extension of its long-standing collaboration with The Logic Group for its managed payment service that facilitates the secure and reliable acceptance of UK card-based payments across all Admiral Group brands and across multiple channels including call centres and websites.

In a move to future-proof the payment infrastructure, long-term partner, The Logic Group <http://www.the-logic-group.com/> will continue to provide its core payment card validation and authorisation service, with 3D Secure security support for all internet transactions. Through the added control mechanisms that the service provides, The Logic Group will now support the Admiral Group’s targets to combat fraud and control PCI DSS compliance costs.

According to the National Fraud Authority, insurance fraud cost the UK industry £2.1 billion in 2011. The Logic Group managed service helps Admiral combat customer fraud by identifying suspect payment transactions as they occur.

Mandy Healey, customer accounts manager at The Admiral Group, said: “By using The Logic Group’s managed payment service, Admiral is assured that our payment infrastructure is in safe hands and will be kept up-to-date with the latest technological and regulatory changes. Moreover, The Logic Group continues to be price competitive, and top of the stack for features, functionality and security offered.”

Mark Kusionowicz, marketing director at The Logic Group, said: “We’re delighted to be able to extend our collaboration with the Admiral Group. In an increasingly-difficult regulatory environment where fraud is rife, the additional value and insight delivered in terms of identifying fraudulent transactions, combined with the reliability and strength of its managed payment service demonstrates the depth of our relationship.”

The Logic Group’s Managed Payment Service currently processes approximately £18b of card transactions per year. The service has been designed to support all the latest developments in card payments including EMV, contactless, dynamic currency conversion and PCI DSS. Within the service is a secure IP network connection with built in resilience. The service has the added benefit of a single supplier for the entire end-to-end card processing system.

More than half of the UK’s top 100 retailers use The Logic Group payment solution to authorise their credit and debit card transactions as do many of the largest call centres and e-commerce websites

Resources: Admiral Group website