What We're Up to
Keeping You Updated, One Press Release at a Time.
Avangate Develops Next Level in Fraud Control
Avangate Develops Next Level in Fraud Control with Fraud Detective 2.0
Avangate BV, shareware registration service and e-commerce provider for online software sales, introduces a key upgrade with its proprietary fraud detection module, enabling faster order processing and superior end-user comfort. Fraud Detective, now reaching second edition, is part of the Avangate® solution and makes the later a very effective e-commerce platform to protect against criminal attacks and identity theft on the Internet.
Fraud Detective 2.0 makes a difference, being a reliable fraud detection module for e-commerce while speeding up the online order management and encouraging purchases. Based on Avangate team experience with observing and handling fraudsters' behavior patterns, the technology was developed with a keen eye on online sellers' commercial requirements. The result is an efficient background application that continuously learns and improves its timing and accuracy.
"Being a good fraud detective implies always being alert and open. Fraud Detective 2.0 was developed from the beginning as an intelligent module integrated within the Avangate® solution. Fraud patterns including specific order profile for each product are studied by the Avangate anti-fraud system, learned and archived for further reference", explains Cristian Badea, CIO Avangate B.V.
"We are happy to have created a true artificial brain that understands our clients' business, helps build customer trust and eventually boosts conversion rate", adds Cristian Badea.
Fraud Detective 2.0 is now standard on Avangate® solution and is a proof of how technology helps business grow. Better security and better customer care make better sales.
About 2Checkout (now Verifone)
Verifone is the payments architect shaping ecosystems for online and in-person commerce experiences, including everything businesses need – from secure payment devices to eCommerce tools, acquiring services, advanced business insights, and much more. As a global FinTech leader, Verifone powers omni-commerce growth for companies in over 165 countries and is trusted by the world’s best-known brands, small businesses and major financial institutions. The Verifone platform is built on a four-decade history of innovation and uncompromised security, annually managing more than 12B transactions worth over $500B on physical and digital channels.
Verifone’s 2Checkout platform is an all-in-one monetization solution helping clients drive global sales growth across online channels. Its digital services, including global payments, subscription billing, merchandising, taxes, compliance and risk, help clients stay focused on innovating their products while delivering exceptional customer experiences.
Get more information at www.2checkout.com
2Checkout Newsletter
Whether it's news you're looking for or an expert's advice on how to sell, you've come to the right place. Find guidance in our latest eBooks, webinars, reports and conversations with industry thought leaders to further increase revenue, maximize the value of every customer, and expand global reach.
