Combining detection fraud solutions from iovation and the 3rd Man Group

December 8, 2008 - 1:43am | News | Other themes |
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Combining detection fraud solutions from iovation and the 3rd Man Group
Iovation considered the Device Reputation Authority for the Internet made partnership with The 3rd Man, Europe's leading specialist in card-not-present fraud screening solutions. This partnership is aiming to provide a stronger fraud detection solutions that will help online retailers better identify and prevent more digital transactions. For that purposes the card-not-present fraud screening solutions are suggested. 

It is planned that The 3rd Man will offer iovation's real-time ReputationManager device-based fraud management service. This service is a part of its GateKeeper fraud screening solution that analyzes financial transactions through a multitude of data elements such as email addresses billing and delivery addresses, card members, IP addresses, and phone numbers. And the iovation's contribute to the partnership lies in its device reputation technology that extends these fraud detection capabilities by determining in milliseconds whether a transaction is coming from a computer that has been associated with fraud in the past. It is noted that this service is built on iovation's Device Reputation Authority TM fraud network which is in charge of the reputations of more than 80 million unique computers and mobile device worldwide. 

And the partnership between those leading specialists in against online fraud solutions will allow online merchants to prevent fraudulent CNP transactions such as credit card fraud, charge backs and shipping fraud, and slash operating expenses by reducing manual reviews and approving legitimate online orders more efficiently.





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