Kount, LexisNexis Partner to Integrate Fraud-Fighting Solutions25-Jan-2011
Kount, Inc., a fraud prevention technology leader specializing in card-not-present (CNP) transactions, today announced that it has partnered with LexisNexis, a global provider of content-enabled workflow solutions, to provide a comprehensive fraud-fighting platform that will integrate technologies from both companies into a suite of risk assessment tools for merchants.
"Our alliance is the result of months of integration efforts which puts real-time fraud prevention tools at the merchant's fingertips," said Steve Rouse, Kount COO. "By combining our two systems, clients can leverage the strength of LexisNexis verification data and the power of Kount's real-time detection technologies, making decisioning easier and faster in an environment with which they are already familiar."
This partnership is a continuation of Kount's strategy to build relationships with leading-class companies that assist merchants globally in managing fraud in online, ecommerce and other card-not-present environments.
Kount detects and prevents fraud for merchants, financial institutions, online communities, and other businesses with fraud issues that negatively effect corporate image, financial performance and customer satisfaction. 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 each transaction, Kount's "decisioning" engine analyzes hundreds of relevant variables and activity across the globe in real time, then delivers a highly predictive risk assessment in less than one second. Companies using Kount solutions have greater visibility into fraudulent activities, allowing them to control risk associated with fraud while maximizing sales and dramatically reducing the need for manual review. For more information about Kount, please visit www.kount.com