Affirmative Technologies Offers iovation Device Reputation as Strategic Component of their Risk Platform
PORTLAND, Ore. -- iovation, the Device Reputation Authority[TM] protecting online businesses from fraud and abuse, today announced a partnership with Affirmative Technologies, a technology provider offering a suite of electronic payment and risk management solutions to financial institutions, payment aggregators and third-party ACH processors. Affirmative Technologies will implement iovation fraud protection as a layer of security to authenticate web users before they enter sensitive areas of their clients' websites.
Affirmative offers a complete suite of ACH services and software ranging from payment processing, integration services, e-commerce and merchant point-of-sale transaction processing (including check authorization, collections, mail-order/lock box processing and remote deposit capture). Affirmative's payment software offers direct billers a single-source platform that enables their customers to pay bills online or through a call center with a virtual check or credit card. All applications are hosted in a secure environment with one of the top hosting providers in the financial industry.
iovation ReputationManager 360 is a comprehensive fraud prevention solution that combines customizable business rules, risk profiles, and the shared experiences of more than 2,000 fraud analysts from leading brands worldwide. The service helps online businesses stop criminals before they have a chance to do damage to their business and customers.
"We are very excited to partner with iovation. Their anti-fraud solution combines the very best of real-time risk assessment with the power of true commercial evidence placement such as credit fraud and identity theft," said George Bassous, CEO of Affirmative Technologies. "iovation's ability to handle the volumes and high availability requirements of the world's most demanding financial clients make them the perfect choice as one of our fraud prevention partners."
"iovation is pleased to have Affirmative Technologies offering iovation fraud prevention benefits to its customers," said iovation CEO and Founder Greg Pierson. "Combining their expertise in electronic payments with our global device reputation service will ensure that ongoing payments are more secure than ever."
About Affirmative Technologies
Affirmative offers a complete suite of ACH origination, risk management, authorization, and verification solutions ranging from payment processing, integration services, e-commerce and merchant point-of-sale transaction processing (including check authorization, collections, mail-order/lock box processing, return item collection and remote deposit capture). Affirmative's payment software offers direct billers a single-source platform that enables their customers to pay bills online or through a call center with a virtual check or credit card. All applications are hosted in a secure environment with one of the top hosting providers in the financial industry.
About iovation
iovation protects online businesses and their end users against fraud and abuse through an industry-leading combination of shared device reputation and real-time risk evaluation. 2,000 fraud managers around the globe leverage iovation's database of Internet devices and relationships between them to determine the level of risk associated with any type of online transaction. Leading retail, financial services, social network, gaming and other companies make real-time queries to iovation's knowledge base of 500 million devices from every country in the world. Every day, iovation protects more than 6 million transactions and stops over 150,000 fraud attempts. For more information, visit www.iovation.com.
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