Kount Adds TeleSign Phone Authentication and Data to Award-Winning Fraud Platform
BOISE, Idaho and LOS ANGELES, CA – March 26, 2013 – Kount, an industry-leading provider of fraud detection and prevention technology, and TeleSign, Internet security and authentication leader, today announced the integration and availability of TeleSign products in the Kount platform. Kount Complete now integrates TeleSign phone data and authentication products, enabling merchants to access multiple fraud signals within a single view.
The integration of TeleSign’s identity and fraud-prevention suite enhances Kount’s current offering and provides a fully functional risk assessment tool in one solution. Derived from information already collected from the end user — a phone number — Kount Complete now returns contact details, reachability status, and phone type, enabling merchants to efficiently assess the risk of a transaction.
“The addition of TeleSign’s product helps us achieve our goal of world-class automation in fraud detection and ‘decisioning’ on any platform, including mobile devices,” said Jim Gasaway, VP of Information Technology for Kount. “Both companies seek to minimize manual reviews, but when they do become necessary, agents are able to process them faster and more accurately than ever.”
“This partnership will enable Kount customers to use TeleSign’s data and authentication products to make smarter, faster, and more accurate decisions about their users,” said Matt Camassa, VP of Business Development. “Pairing these technologies empowers online properties with the fraud prevention tools to protect revenue and protect their growing customer base.”
Both Kount and TeleSign will be attending the Merchant Risk Council’s Annual e-Commerce Payments & Risk Conference in Las Vegas March 26-28 where they will debut this integrated solution.
Every second, of every day, TeleSign protects the world's largest Internet and Cloud properties against fraud. TeleSign’s security and authentication products provide an easy-to-implement and powerful method for identifying and substantially reducing online fraud and spam. The company protects 2.5 billion downstream accounts in more than 200 countries and territories, offering localization services in 87 languages and dialects. In 2012, TeleSign ranked #23 on the Deloitte Technology Fast 500™ and was named Visionary in Gartner’s User Authentication Magic Quadrant.
Kount helps online businesses boost sales by reducing fraud and allowing them to accept more orders. Our all-in-one, SaaS platform is designed to simplify fraud detection and dramatically improve bottom line profitability. Merchants using Kount can accept more orders from more people in more places than ever before. For each transaction, Kount’s “decisioning” engine analyzes hundreds of relevant variables and activity across the globe in real-time providing the most accurate fraud prediction available, reducing the need for manual review of orders.
Kount’s proprietary technology has reviewed hundreds of millions of transactions and provides maximum protection for some of the world’s best-known brands. For more information about Kount, please visit www.kount.com.