Fraudsters Sent 'Out of Office' by Kount and Emailage
Boise, ID/Chandler, AZ, 22 September 2015 - Kount, a leading provider of fraud detection and sales boosting technology has announced that it has integrated Emailage, an innovative new fraud prevention solution that gives merchants the ability to assess and leverage risk based on a user’s email address.
Email addresses are universal data points that are already collected during most transactions and, sometimes, the only data point available to a merchant. Yet even with this limited information, Emailage can provide intelligent fraud risk assessment using the email address as the key data element to identify transactional risk and streamline transaction approvals.
The combined solution leverages a vast global consortium of data across all industries and utilizes powerful machine learning methods to interpret the key elements and characteristics of a fraudulent transaction. It is a scalable, enterprise SaaS technology that is already implemented and integrated into Kount’s API.
Brad Wiskirchen, CEO, Kount explained; “We are constantly developing new and innovative ways to assist our customers in their efforts to boost sales and beat fraud. Effectively fighting fraud is all about having access to the best information possible at the moment of a transaction. By integrating Emailage directly into the Kount platform, our industry leading technologies are at a merchant’s fingertips allowing them to make informed real-time decisions.“
“In an e-commerce environment, we’re always looking for ways to stay one step ahead of fraud.” said Cindy Roach, Manager of Risk Management at a leading online travel site, Bookit.com. “Emailage is very user friendly and its integration onto the Kount platform that we are already familiar with gives us a quick glance option to separate the good bookings from the fraudulent ones. So far it’s been a great tool to use.”
“Emailage and Kount are great complementary partners because both provide enterprise-class services that help eCommerce and Mcommerce merchants. By integrating Emailage’s service directly into the Kount platform, customers can perform a single integration with Kount and immediately take advantage of this unique combination of fraud-fighting technology.” added Wiskirchen.
Kount’s platform gives customers a quick and easy way to integrate all of the tools they need to prevent fraud. Emailage adds on another layer of protection with no integration costs. The Emailage solution also gives Kount customers the ability to analyze email addresses with machine learning thus allowing them to see fraud trends. Most email fraud prevention tools are a simple blacklist or whitelist with no real intelligence behind them. Emailage gives Kount customers a new, global risk analysis data point.
Emailage CEO, Rei Carvalho, said: “Emailage and Kount are leaders in the global fraud prevention space. Both companies are agile and fill customer’s needs before they become a problem. With the rise of EMV, the upcoming holiday season, and consequently the increase of Card Not Present (CNP) transactions, customers need the best solutions available to protect their bottom lines.”
Kount helps businesses boost sales by reducing fraud. Our all-in-one, SaaS platform simplifies fraud detection and helps online businesses accept more orders. Kount’s turnkey fraud platform is easy-to-implement and easy-to-use. Kount’s proprietary technology provides maximum protection for some of the world’s best-known brands. Merchants using Kount can accept more orders from more people in more places than ever before. For more information about Kount, please visit www.kount.com.
Working with Fortune 500 financial institutions, merchants, businesses and organizations around the world Emailage’s products and solutions make everyday transactions easier, more efficient and more secure.
Based in Downtown, Chandler Arizona, with offices in Brazil, and the UK, Emailage plans to steadily grow and develop in key locations throughout the globe.
With a diverse team of sales, marketing and development, Emailage understands the demands of staying ahead of the game as fraud trends are ever evolving.
Emailage delivers an intelligent risk score that is derived from reputation far beyond a black list or simple validation check. We use sophisticated machine learning and proprietary algorithms that evolve with new fraud trends to provide real time alerts of risky transactions. Our vast consortium of data spans across industries and regions of the world. We use this data to provide powerful insights far beyond transactional data. With 90% of confirmed fraud discovered by Emailage not previously having a loss reported, it truly is a proactive approach to fraud strategy.
Michael Scanlan (SkyParlour)
Tel 00 44 (0)7958 698 698