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iovation to Host Fraud Force in Chicago This JuneUpcoming User Group Provides iovation Clients Private Platform to Openly Collaborate About the Latest Fraud Methods and Prevention Techniques (April 10, 2012)
PORTLAND, OR and CHICAGO, IL -- (Marketwire) -- 04/10/12 -- iovation, the Device Reputation Authority protecting online businesses from fraud and abuse, today announced that it will host its Fraud Force User Group Meeting in Chicago on June 5, 2012. The User Group is exclusively reserved for iovation clients. In addition to learning how to maximize iovation's fraud-fighting technology, customers will get a chance to share their fraud detection and prevention challenges with other iovation clients on the front lines against cybercrime.
"Fraud is evolving at a lightning pace, with new attack vectors always emerging. As part of our commitment to the concept of community fraud fighting, we're providing a trusted in-person setting for sharing best practices," said Molly O'Hearn, Vice President of Operations at iovation. "Shared intelligence is a core concept for iovation. Likewise, our customers' fraud fighting potential grows from sharing insights with each other and that's exactly what we're encouraging at this user group."
ReputationManager 360 from iovation allows online companies to submit verified fraud events (such as chargebacks, identity theft, or account takeovers) into the service's shared intelligence platform. This is a different approach than is taken by other products on the market, and it's one of several key differentiators for iovation. By utilizing this collective evidence and experience from other online companies to help assess the risk on transactions, companies can dramatically expand their fraud knowledge and surveillance beyond their corporate walls. This unique iovation capability makes it possible to proactively identify devices that are associated with fraud and abuse before bad actors have a chance to strike.
In addition to sharing insight on recent fraud trends, iovation's clients will obtain deep insight into how to get the most out of ReputationManager 360 by learning how to hone the technology to their fraud prevention strategies, harness the power of Real IP, and configure rules and lists within the Business Rules Editor. Clients will also learn about new service offerings available from iovation such as integrating out-of-band authentication and verification products into their strategy.
Registration for iovation's Fraud Force meeting in Chicago is now open. The full day event on June 5th will take place at the Chicago Hard Rock Hotel. For more information and to RSVP, go to http://www.iovation.com/user-group-chicago.
iovation protects online businesses and their end users against fraud and abuse through our 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. Retail, financial services, social network, gaming and other companies make real-time queries to iovation's knowledge base of 900 million devices from every country in the world. Every day, iovation stops over 150,000 fraud attempts. For more information, visit www.iovation.com.
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