Port of South LouisianaPort of StocktonPort of Vancouver USACimbriaTBA GroupVigan
  • Port of South Louisiana
  • Cimbria
  • TBA Group
  • Sailors Society
  • Cleveland Cascades Ltd
  • Port of Stockton

ShipMoney enhances account security

(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.”

Latest News

Strong results for resilient Algoma

(Posted on 26/02/21)

Algoma Central Corporation, is reporting very strong financial results for 2020, a year in which a global... Read more


North posts solid renewal results

(Posted on 24/02/21)

North P&I Club has reported continuing growth in its diversified business lines and solid progress... Read more


Britannia P&I launches B Korea

(Posted on 24/02/21)

Britannia P&I will officially launch B Korea P&I Correspondent Co., Ltd. (‘B Korea&rsquo... Read more


Fleet to be part of climate change solution

(Posted on 22/02/21)

To embed action on environmental sustainability and biodiversity, Fleet Management (FLEET) has teamed... Read more


Windsor Salt and CSL partner on self-unloading ship

(Posted on 17/02/21)

K+S Windsor Salt Ltd. (“Windsor Salt”) and Canada Steamship Lines (“CSL”), a... Read more


MAJ warns of potential seafarer shortages

(Posted on 17/02/21)

The global crew change crisis could lead to a shortage of seafarers if exhausted crew choose to leave... Read more


IOMSR first to broadcast mass to crew at sea

(Posted on 17/02/21)

The Isle of Man Ship Registry has become the first flag state to broadcast a mass direct to crew aboard... Read more


NORDEN celebrates 150th anniversary

(Posted on 11/02/21)

Today, NORDEN celebrates its 150th anniversary, being one of the world’s oldest international... Read more


ABB software helps ships improve efficiency

(Posted on 10/02/21)

Digital technologies, including AI, data integration and analytics solutions, are expected to transform... Read more


MENAS and Inchcape reach strategic Mideast agreement

(Posted on 10/02/21)

The Middle East Navigation Aids Service (MENAS) has taken a huge step forward in its effort to ensure... Read more


Bühler GmbHCleveland Cascades LtdTOC EventsTelestackThe Wolfson Centre for Bulk Solids Handling Technology Sailors Society
  • The Wolfson Centre for Bulk Solids Handling Technology
  • Vigan
  • Bühler GmbH

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping