Merchants now have the advantage of Verifi’s platform to implement fraud screening checks for online transactions
utilizing IP geolocation, proxy detection and reputation data. With this robust intelligence, merchants can create actionable rules to filter and flag high-risk transactions for review.
Los Angeles, California (September 22, 2009)—Verifi, Inc., the leading provider of transaction risk management services for card-not-present merchants, today announced innovative enhancements to the IP Intelligence™ capabilities of their fraud prevention and risk management platform.
Verifi’s IP Intelligence solution provides extensive IP geolocation information, which is a key indicator of transaction risk and credit card fraud. In concert with Verifi’s complete suite of tools, IP Intelligence provides merchants with a comprehensive set of real-time fraud checks for online orders.
Merchants now have the advantage of Verifi’s platform to implement fraud screening checks for online transactions utilizing IP geolocation, proxy detection and reputation data. With this robust intelligence, merchants can create actionable rules to filter and flag high-risk transactions for review.
“Since its inception, Verifi’s platform has provided merchants with the latest capabilities in the fight against fraudulent and risky transactions,” said Jennifer Schulz, Verifi’s Chief Executive Officer. “We will continue to enhance our platform to develop and incorporate leading fraud detection technologies.”
Verifi provides merchants, acquirers, and issuing banks with the tools they need to reduce risk and increase profitability. Using proprietary and industry applications, Verifi supports the creation of a safe and secure payment environment for all participants.
About Verifi
Verifi, an award-winning provider of end-to-end payment protection and management solutions, was founded in 2005 to help our clients effectively manage the payments challenges they face every day. Verifi helps merchants safely process payments, combat fraud, prevent and resolve costly chargebacks, as well as increase billings andkeep loyal customers. Our best-in-breed solutions and white glove support are trusted by a wide range of industries from emerging companies to the Fortune 500. Headquartered in Los Angeles, California, we process more than $20 billion transactions annually and currently serve more than 8,900 accounts globally. For more information, visit:www.verifi.com.
# # #