Thu, Jun 20, 2013: ID Analytics, a consumer risk management provider and IdentityMind, an on-demand anti-fraud and risk management platform, have entered into a strategic partnership in providing fraud prevention solution to e-commerce merchants, acquiring banks and payment service providers (PSPs).
Both parties agreed to combine their solution, to offer an integrated solution, “ID Analytics eCommerce suite” that designed to minimize merchant account risk with improved fraud detection. The solution comes with:
- ID Score — Delivers a highly accurate, on-demand assessment of the risk of an individual at account opening and throughout the customer lifecycle. ID Score Account Takeover also enables retailers to accurately assess account takeover risk while maintaining positive customer relationships and minimizing costs.
- Transaction Protector — A powerful transaction fraud score designed for the eCommerce market, incorporating both identity and online transaction data.
- Transaction Advanced Intelligence — A series of attributes which deliver granular, real-time risk insight on an online transaction from the ID Network, for organizations that choose to create custom analytic models and strategies.
- Transaction Takeover — The ability to help qualify new merchants and to help IdentityMind customers detect when an online account has been compromised, whether it is on a desktop, mobile or tablet device.