Recurly is teaming with Kount to offer anti-fraud services focused on the needs of subscription-based merchants. Together, Kount and Recurly protect the revenue of subscription-based businesses from the losses and operational overhead caused by card-not-present fraud. Credit card fraud, especially the category of card-not-present (CNP) fraud, is a major concern for subscription businesses. Javelin Strategy…
ID-based Kount, an innovator of solutions for fraud and risk management, has ankled Linda Fayne Levinson for its Board of Directors. The development comes on the heels of an $80 million investment made by the CVC Growth Fund in December. Levinson brings extensive board and business experience, along with a deep knowledge of the payments…
CardFlash News Briefs: INSIDE (award); KOUNT (funding); I2C (Canada); and COMDATA (network).
Payverifi has teamed with Kount Systems in order to enhance their fraud management systems. The partnership will allow Payverifi’s pre-existing systems to dive in even deeper to each particular transaction, instantly checking hundreds of fraud check points.
Kount, released its list of the top five Fraudulebrities, celebrities who have fallen victim to fraud, to remind consumers to be mindful of where fraud lurks and how people can protect themselves.
BlueSnap has enhanced its suite of fraud prevention services by partnering with Kount, a provider of fraud detection and sales boosting technology.
eBay released Magento Enterprise Edition 1.14.2, a Braintree extension, plus New Relic and Cloud partnerships. The combination
gives retailers greater insight into their businesses, enhance their payment and merchandising capabilities, provide an expanded mobile toolset, and offer more cloud hosting options.
Merchant awareness is not keeping pace with mobile fraud growth, and the support for the mobile channel is not meeting predictions and expectations. In addition, concerns over the implementation around new payment methods such as Apple Pay have risen.
The third annual Mobile Payments & Fraud Survey is now open for input from all members of the payments ecosystem. Last year, nearly 2,000 participants made the survey the largest of its kind in the world with responses from merchants, service providers, payment processors, acquirers, card associations and issuers.
SMB e-commerce solution provider GoECart has teamed with Kount, a supplier of fraud protection and sales-boosting technology, to enable GoECart retailers to seamlessly leverage Kount’s fraud prevention services at a discount and with zero integration hassles.
Fraud and risk management technology leader Kount announced the launch of Kount Central to combat fraud at the payment processor level. Kount Central is designed to integrate with online payment processors such as acquirers, payment service providers, hosted pay pages and payment gateways, enabling each to help all their merchants reduce the negative effects of fraud. As breaches become more widespread, payment processors increasingly face the challenge of providing a trusted, integrated fraud solution to merchants that reduces fraudulent transactions, while mitigating fines and penalties from regulators. As new technologies are rolled out for point-of-sale terminals at brick-and-mortar retailers, it is highly likely that cyber criminals will move online, making the challenge of a fraud-free payment process even more pronounced.
Pay.on web-based payment infrastructure systems and Kount SaaS provider of innovative fraud and chargeback prevention solutions agreed on a strategic cooperation. PAY.ON is also integrating the services of the Kount Complete platform and fraud control technology Kount SMB into its infrastructure platforms, thus making solutions from Kount available to all clients around the world – from PSPs and ISOs to acquirers and other financial institutions. At the same time, PAY.ON and Kount are combining their global distribution network to promote the mutual expansion of their client base. Kount offers its customers highly efficient solutions to tackle both sources of loss. In this context, PAY.ON is taking strategic action to further expand its existing fraud management system.