December 07, 2009
Yvanto Partners with iovation for Enhanced Fraud Prevention Solutions
Canadian e-Commerce Company Adds Device Reputation to B2B Financial
Solutions Offering
PORTLAND, Ore. – December 7, 2009 – iovation, provider of the world’s first device reputation service for preventing online fraud and abuse, announces its newest partnership with e-commerce solutions provider Yvanto.
Yvanto makes the process of accepting online financial transactions streamlined and secure for online businesses across the globe. By adding iovation ReputationManager™ to its suite of fraud prevention services, Yvanto will be able to leverage iovation’s shared device reputation database of more than 180 million unique device reputations to block cybercriminals and identify activity consistent with fraudulent behavior.
According to Yvanto co-founder Michel Kreidi, “Not only is iovation’s device recognition and reputation technology the best out there, there is simply no way we could replicate the database of device history information that they manage. We know our customers will benefit greatly with this addition to our service.”
To kick-off the new partnership, Rich Orcutt, iovation’s head of special markets, will join Kreidi in hosting two fraud strategy seminars for online merchants taking place Dec. 8 in Montreal and Dec. 10 in Toronto. Kreidi and Orcutt will describe the most common types of fraud, current methods used by cybercriminals and time- and money-saving strategies to protect businesses against online fraud and abuse.
About Yvanto
Yvanto, founded in 2000, specializes in the development, deployment and integration of e-commerce solutions for online businesses. As part of its core offering, Yvanto’s fraud detection service analyzes online transactions by looking at a range of data elements in order to identify patterns indicative of fraud. In addition to providing online data services, Yvanto offers multi-currency and language pre-paid electronic vouchers, loyalty rewards cards, address verification, as well as Interactive Voice Response (IVR) and voice recording services. For more information, visit www.yvanto.com.
About iovation
iovation, headquartered in Portland, Oregon, pioneered the use of device reputation to stop online fraud and abuse. Using its proven device recognition technology, sophisticated pattern matching, and device-based risk scoring, iovation delivers an innovative approach to fraud protection. Over the last five years, iovation has responded to billions of device reputation queries from merchants in multiple industries. The result is the world’s largest database of devices used in online fraud and abuse. iovation’s unmatched experience in device intelligence gives its customers the confidence they need to protect their good customers and keep the bad ones out. For more information, visit www.iovation.com.
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