

(Posted on 06/11/20)
Maritime Payment Solutions, LLC (ShipMoney), a global, industry-leading provider of payment solutions for maritime companies, has announced the introduction of ShipMoney Secure, a security feature developed to help keep seafarer accounts safe from cyber-attacks.
With ShipMoney Secure, users will register their personal device(s) to ensure that transactions are only initiated from the seafarer’s account. Anybody who attempts to log in to their account from an unregistered device is asked a security question and blocked if unable to correctly answer.
Stuart Ostrow, President and Founder of ShipMoney, said: “In these times of unprecedented cyber-attacks and phishing, nothing is more important than protecting the hard-earned money of seafarers. The well-being of crew is our top priority as a company and ShipMoney Secure adds a strong layer of protection to their accounts. We are confident that our system is the most secure in the industry.”
In addition to device registration, ShipMoney has developed several other security features, including the use of one-time codes using two-factor authentication, the use of Visa 3D secure 2.0 for online purchases, and other proprietary features to reduce the risk of fraud.
Mr. Ostrow further noted, “At ShipMoney, our overarching objective is to continually develop our platform with innovative services that are timely and add significant value, while enhancing functionality to improve the account holder experience. A number of exciting developments are in the works and will soon be introduced.”
The Isle of Man Ship Registry is expanding its Greek fleet with an agreement to flag four bulk carriers... Read more
Women are advancing up the Caribbean maritime career-ladder into senior positions – although more... Read more
Leading classification society ClassNK has released its design support system “PrimeShip-HULL... Read more
Algoma Central Corporation has reported its results for the three months ended March 31, 2022. Revenues... Read more
The International Association of Dry Cargo Shipowners (INTERCARGO) has launched the thirteenth edition... Read more
Leading Classification Society ClassNK has issued an Approval in Principle (AiP) for the design of an... Read more
Inmarsat, the world leader in global, mobile satellite communications, has launched Fleet Secure Unified... Read more
AD Ports Group has announced that its feeder service, SAFEEN Feeders, has signed a long-term trade facilitation... Read more
Columbia Shipmanagement, together with its owning company and its clients, have raised an unprecedented... Read more
Impressed by the outstanding performance of the first two Combi Freighters 3850, German ship owner Blue... Read more