International Merchant Solutions IMS, a payment processing consultancy that tailors processing packages for companies’ specific needs, is incorporating PhoeniXSentry, Phoenix Managed Network’s cloud based network management service and built in firewall router, into its existing suite of services (view press release). The solution will be offered to IMS’ clients consisting of ISO’s, financial institutions and merchants as a recommended PCI compliant, fully managed, transaction network solution.

“Recent estimates show that Cybercrime costs the consumer US110 billion last year globally and a retailer’s network is a prime target because of the sensitive data they hold,” said Dan Budhoo, director of sales, North America for Phoenix Managed Networks. “PheoniXSentry has been developed to protect payments at multiple retail locations and to simplify network security. We are delighted to have signed this unique deal with IMS as they have excellent market standing and a client base that will benefit from extra data security from the point of sale.”