Fraud prevention experts join forces
to beat card fraud
- Fri, 01/10/2008 - 3:37pm

 

Two leading providers of customer ID check solutions and transactional fraud profiling data are to combine and share their anti-fraud technologies.

192.com Business Services specialises in aggregating databases against which leading ecommerce providers run customer identity checks. Fraud prevention specialist, the 3rd Man, is a leading provider of fraud screening services which detect fraud patterns by comparing transactions from different merchants. Fraud prevention tools provided by both companies have become accepted as de facto processes for the ecommerce industry and will now be offered as an integrated service.

Other recent fraud prevention initiatives have focussed on either ID checking or on profiling shared fraud alert data, but not on both. 192.com Business Services and the 3rd Man's relationship promises a single solution.

"Our mutual aim is to make life easier for fraud managers at ecommerce and online gambling sites," said Paul Simms, Chief Executive Officer at the 3rd Man. "192 and the 3rd Man already deliver fraud prevention capabilities to many of Europe's leading ecommerce businesses. By combining our fraud prevention technologies we can now offer one integrated solution that will be even more effective in identifying and preventing fraud."

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