Verifi Enhances Card Not Present Fraud Prevention Service
Verifi has announced new enhancements to the IP Intelligence™ capabilities of its fraud prevention and risk management platform. Verifi’s IP Intelligence solution provides IP geolocation information, a key indicator of transaction risk and credit card fraud. In concert with Verifi’s suite of tools, IP Intelligence provides merchants with a comprehensive set of real-time fraud checks for online orders.
Merchants now have the advantage of Verifi’s platform to implement fraud screening checks for online transactions utilizing IP geolocation, proxy detection and reputation data. With this robust intelligence, merchants can create actionable rules to filter and flag high-risk transactions for review.
“Since its inception, Verifi’s platform has provided merchants with the latest capabilities in the fight against fraudulent and risky transactions,” said Jennifer Schulz, Verifi’s Chief Executive Officer. “We will continue to enhance our platform to develop and incorporate leading fraud detection technologies.”
Verifi provides merchants, acquirers, and issuing banks with the tools they need to reduce risk and increase profitability. Using proprietary and industry applications, Verifi supports the creation of a safe and secure payment environment for all participants.
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