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." |