

(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.”
A surge in industry interest combined with systems builders and yards scaling up production and installation... Read more
Idwal is pleased to welcome NS United Kaiun Kaisha, Ltd. (NSU) as the latest partner to Idwal ID, our... Read more
Econowind has surpassed 100 VentoFoil units sold, marking a major milestone in the shipping industry... Read more
The University of Strathclyde in Scotland, UK is encouraging ship operators, safety professionals and... Read more
InterManager, the international association for the ship management sector, has elected Sebastian von... Read more
InterManager, the international trade association for the ship management sector, is calling on shipping... Read more
The International Association of Dry Cargo Shipowners (INTERCARGO) has announced a strategic development... Read more
DNV has launched a new family of class notations, Autonomous and Remotely Operated Ships (AROS), providing... Read more
Leading figures across the dry bulk shipping sector have joined in paying tribute to Dimitri Fafalios... Read more
International Maritime Organization (IMO) Secretary-General Arsenio Dominguez has highlighted key items... Read more