Kount Nominated for Best Overall Fraud Security Solution in CNP Awards
BOISE, Idaho – (March 20, 2012)– Kount Inc., a leading provider of fraud prevention technology, has been nominated for the Customer Choice Award in the Best Overall Fraud Security Solution category of the CNP Awards. The winner will be announced during the premiere CNP Expo May 20 -22 in Lake Buena Vista, Florida.
The 2012 CNP Expo is the first truly inclusive industry-wide event that combines education, buying and selling opportunities and organized networking focused on ecommerce and customer- or card-card-not-present transactions.
“This is about fostering open and frank dialogue with respected CNP experts to tackle the tough issues facing our industry,” said CardNotPresent.com and CNP Expo founder Steve Casco. “Kount is a recognized leader in this space and their nomination speaks to the respect their innovation commands in moving fraud solution technology forward.”
The awards will be presented during a special session of the CNP Expo, honoring the companies, programs and solutions that have distinguished themselves in the card-not-present space during the past year.
“It’s validating to be nominated by our peers for an award like this and for customers and merchants to have their say in recognizing the best in fraud security solutions,” said Steve Rouse, COO Kount. “Kount’s reputation for providing enterprise-level fraud protection, eliminating fraud and increasing revenue is well-known in the industry and we take our role as a thought-leader in this space seriously.”
For each transaction, Kount’s “decisioning” engine analyzes hundreds of relevant variables and activity across the globe in real-time, applies rules based on the merchant’s specific needs, then delivers a highly predictive risk assessment in an average of just 350 milliseconds. The process gives greater visibility into fraudulent activities, allowing companies to control risk associated with fraud while maximizing sales and dramatically reducing the need for costly and time-consuming manual review.
Voting for the award is open until Friday, March 30 at http://www.cardnotpresent.com/cnpawards/.
Kount delivers an all-in-one fraud and risk management solution for companies operating in card-not-present environments looking to simplify their fraud/risk operations and dramatically improve bottom line profitability. Kount provides a single, turnkey fraud solution that is easy-to-implement and easy-to-use. 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.
CardNotPresent.com is a leading resource for ecommerce, catalogue and other merchants that accept customer- and card-not-present payments. The Customer / Card Not Present.com portal is a hub for information about the payments issues that most affect merchants operating in the space, including chargebacks, ecommerce fraud, interchange and alternative payments. Customer / Card Not Present.com also publishes CNP Report - a twice weekly enewsletter, presents the CNP Expo – a three-day conference focused on the trends issues facing merchants that accept card-not-present payments, and hosts the CNP Awards - honoring the companies, programs and solutions that have distinguished themselves in the card not present space. For more information, please visit http://cardnotpresent.com/.