Industry Experts: Kount Best Overall Fraud/Security Solution at CNP Expo

22-May-2012

Orlando, FL - May 22, 2012 – Payment industry experts and online commerce business leaders alike selected Kount, Inc.’s fraud platform, Kount Complete™, as the Best Overall Fraud/Security Solution at CNP Expo. The Boise-based, fraud-fighting company received both Judges Choice and Customer Choice distinctions in the category at the first ever CNP Awards ceremony on May 21.

With backgrounds spanning the financial, payment system, e-commerce and fraud prevention industries, the expert panel of CNP Expo judges selected the Kount Complete fraud prevention platform after thoroughly reviewing several others in the category. Separately, merchants and payment partners from around the world voted independently for the best fraud solution in the card-not present environment. Again, Kount Complete was determined as the leading fraud-fighting platform, earning the distinction of Best Overall Fraud/Security Solution.

“Minimizing a merchant’s risk in the card-not-present space requires a solution that integrates a wide range of core technologies that continue to evolve at the speed of fraud,” said Steve Casco, founder and publisher of CardNotPresent.com and the CNP Expo. “Based on the seamless integration and speed of its comprehensive fraud-fighting solution, Kount is clearly one of the best overall fraud solutions for businesses operating in the card-not-present industry today.”

The CNP Expo is an annual networking and educational event for CNP merchants and other industry stakeholders to address the issues, challenges and opportunities facing merchants who accept card- or customer-not-present transactions. CNP Expo sessions cover an expansive range of merchant e-commerce and CNP concerns including fraud, chargebacks, recurring billing, PCI compliance, alternative payments, mobile payments and new regulations.

“Being recognized as the leading fraud solution by experts who understand the intricacies of the payments industry and the state of fraud today is truly an honor,” said Steve Rouse, COO, Kount. “But when merchants and partners recognize you as the leader in the industry, that’s really a confirmation that our product delivers as promised. We believe our fraud platform provides a unique perspective and a comprehensive solution for online businesses. Each day we leverage this insight, helping merchants beat fraud and boost sales as a result.”

The first annual CNP Awards were presented during a special session of the expo to honor the companies, programs and solutions that have distinguished themselves in the card-not-present space during the past year. The Expo was held at the Buena Vista Palace Resort & Spa in Lake Buena Vista, Florida from May 20-22.

About Kount

Kount helps businesses boost sales by reducing fraud. Our all-in-one, SaaS platform simplifies fraud detection and helps online businesses accept more orders. Kount’s turnkey fraud platform 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. Merchants using Kount can accept more orders from more people in more places than ever before. For more information about Kount, please visit www.kount.com.