Kount and Vindicia Agree to Partner, Bring Fraud, Risk Solutions to Digital Merchants06-Apr-2011
Boise, ID – Kount Inc., an Idaho-based company that specializes in card-not-present (CNP) fraud prevention, and Vindicia, a leading provider of SaaS billing solutions, have agreed to partner to provide world-class fraud mitigation services and billing options to merchants of online, ecommerce and call center operations.
“We provide billing solutions that help digital leaders on a global scale optimize customer acquisition and retention. This new partnership with Kount allows us to offer an increased level of fraud protection to our clients across a wide variety of digital markets,” said Sanjay Sarathy, senior vice president of marketing for Vindicia. “It’s a natural complement to our service that will help enhance the profitability of our merchants and give their customers an added measure of confidence when making purchases online.”
Kount’s fraud control platform Kount Complete™ makes it easy for merchants to protect themselves against fraud that can wreak havoc in card-not-present environments. Because Kount owns all its core technology, hundreds of variables associated with each transaction can be reviewed, analyzed and reported—including a highly predictive risk score—in under 350 milliseconds, on average.
"Partnering with innovative companies like Vindicia expands the availability of the Kount Complete™ solution," said Jack Alton, vice president of sales for Kount. "We look forward to working with Vindicia to offer a joint solution that maximizes customer acquistion and retention while mitigating fraud risk."
Over the past 12 months, Kount has partnered with several top service providers to offer complete fraud prevention to their customers.
Vindicia is a leading provider of SaaS billing solutions that help digital leaders optimize customer retention and acquisition through integrated marketing best practices. Over the past twelve months, Vindicia clients sent $2 billion through our system, billed in every global region, and generated $50 million in annual incremental revenue. Our clients include Symantec, TransUnion Interactive, Intuit, Activision Blizzard, Bloomberg, and Next Issue Media. To learn more, please visit www.vindicia.com.
About Kount Media Contact Don Bush 208.489.3346
Kount delivers an all-in-one fraud and risk management solution for companies working in card-not-present environments looking to simplify their fraud/risk operations while dramatically improving bottom line results. 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. Kount’s solution is feature rich and technology proven. Regardless of the industry, Kount responds with accurate information in milliseconds, thereby enhancing the overall consumer experience. For more information about Kount, please visit www.kount.com