Kount Inc. to be Major Sponsor for the MRC’s Second Annual European Conference


Boise, ID – Kount Inc., a leading operational platform for fraud prevention technology, plans to discuss the latest innovations in fraud and risk strategies with international merchants during the second annual European e-Commerce Payments and Risk Conference by Merchant Risk Council (MRC) in Barcelona.

The Idaho-based company, which recently announced another patent for its device fingerprinting and proxy piercing geolocation technologies, will be a major sponsor at the industry-wide conference which starts May 18, 2011.

MRC, a widely respected merchant-led trade association, will use this three-day opportunity to bring together global merchants, payment processors, solution providers, and a variety of industry stakeholders for discussions surrounding the newest card-not-present (CNP) fraud prevention technology breakthroughs and innovations. Participants are interested in reducing online payment fraud through the advancement of technologies used in managing the ever-evolving fraud industry.

“Kount is not only proud to be a major sponsor at this event, but also to showcase our newest technology for the network merchants we expect to meet there,” said Kount’s Chief Operating Officer, Steve Rouse. “The overarching goal of this event is to mutually fight the many forms of fraud and discuss best practices. Kount has led a number of advancements in fraud-prevention technology and we are excited to share our latest innovations.”

MRC reports their members average 25% less revenue loss and 24% less chargeback rates than similar merchants who are not members. With the costs of fraud rising at an alarming 22% annual rate, Kount’s all-in-one platform provides merchants and payment processors with an integrated solution to instantly fight back against the rising threat associated with CNP fraud.

About Kount

Kount delivers an all-in-one fraud and risk management platform 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. For more information, visit, www.kount.com.

Media Contact
Don Bush