Verifi, Inc., a leading provider of payment risk management solutions for card-not-present (CNP) merchants announced today a partnership with ThreatMetrix, a fast growing provider of fraud detection solutions, to deliver advanced fraud detection to merchants through Verifiâs payment risk management system.
The partnership provides Verifi customers with an additional protective layer of on-demand fraud intelligence and data matching to help merchants detect fraudulent customers and identify good and returning customers. Through Verifiâs platform, customers will have access to ThreatMetrixâs forensic risk assessment tools and its global fraud knowledge share database.
Current customers already use Verifiâs full service payment management system, which screens and reviews high risk transactions and comes with the best possible suite of proprietary and third party fraud detection and prevention tools. Clients also use Verifiâs best-in-class managed services for declines, refunds and chargebacks. The addition of ThreatMetrixâs advanced fraud tools and network to Verifiâs full service risk and fraud payment management system, analytics and reporting provides Verifi customers with the strongest defense against hackers, cybercriminals and large-scale global fraud enterprises without disrupting the consumer checkout experience. And with Verifiâs single source platform, customers gain immediate access to all of Verifiâs partner fraud and risk management solutions without the need for any additional integration.
âCard-not-present merchants can now benefit from the combined capabilities of the ThreatMetrix Fraud Network with Verifiâs leading global electronic payment and risk management solutions to fight CNP fraud and streamline customer web payments,â said Alisdair Faulkner, chief products officer, ThreatMetrix.
âOne of the most common challenges we hear from our customers is how frequently they must plan for, invest in and allocate internal resources for the implementation of new technologies. Reducing this burden is one of the added benefits customers receive when they use Verifiâs platform. By partnering with ThreatMetrix, we not only significantly reduce this burden, but we continue our quest to provide our clients with the best and most complete set of global fraud tools available.â Jeff, Sawitke, Vice President, Product Management, Verifi Inc.
About Verifi
Verifi⢠is a leading provider of global electronic payment and risk management solutions for card-not-present merchants. The highly customizable payment and real-time reporting platform serves as a foundation for Verifiâs suite of fraud solutions and risk management strategies. With a commitment of reducing risk while increasing profitability for clients, Verifiâs multi-layered approach enables transaction risk management and mitigation, business optimization strategies, cardholder authentication and chargeback re-presentment for all major credit card brands. Verifi is PCI Level 1 certified and headquartered in Los Angeles, California with a satellite office in Redwood Shores, California. For more information on Verifi, please visit: http://www.Verifi.com or please email us at [email protected]
