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> Iovation > iovation ReputationManager: Unlock the Power of Device ID to Combat Online Fraud and Abuse

iovation ReputationManager: Unlock the Power of Device ID to Combat Online Fraud and Abuse

White Paper Published By: Iovation

ReputationManager is a Software-as-a-Service (SaaS) solution that reduces operational costs, fraud losses and online abuse while supporting scalability and growth of the online business. Using device identification technology to create reputations for tens of millions of Internet-enabled devices, the service determines within milliseconds whether an online transaction is coming from a computer that has a history of fraud or abuse.



Tags : 
software-as-a-service (saas) solution, device identification technology, discovery of hidden associations, fact-based fraud management, ip geolocation data, reputation sharing, audit logs, reputation trust rules

Iovation
Published:  Sep 25, 2009
Type:  White Paper
Length:  4 pages

Tiovation ReputationManager
Unlock the Power
of Device ID
to combat online fraud and abuse
Online businesses today face a daunting battle in combatting online fraud and abuse. Existing identity-based and credit risk scoring systems "iovation has been nothing short of a miracle. They've created what is in are being challenged by fraudsters and fraud rings. They capitalize on my opinion the very best third-party cheap identities they use to repeatedly target a business or industry. anti-fraud system out there." Using device identification to establish device reputations and expose - John Kothanek, repeat offenders and fraud rings changes everything. Now our clients Director Risk & Fraud, Obopaycan answer the following questions for any online interaction.
. Have I or my peers seen this PC before?. Does it have a history of fraud or abuse that I care about?
ReputationManager against a device. The service does not Fact-based Fraud Management ReputationManager is a Software-as- impact the customer experience and iovation combines device parameters a-Service (SaaS) solution that reduces does not require any personally and sophisticated pattern matching operational costs, fraud losses and identifiable information (PII). techniques to accurately identify a online abuse while supporting user's device. This is done without scalability and growth of the online The service is built on iovation's impacting the user's online business. Using device identification Device Reputation AuthorityT (DRA) experience-in many cases, without technology to create reputations for database, the world's only shared any software downloads. Once a tens of millions of Internet-enabled device reputation network that customer's device is uniquely devices, the service determines within manages the reputations of more than identified, the system develops and milliseconds whether an online 100 million computers and mobile maintains a fact-based reputation for transaction is coming from a computer devices worldwide. the device based on its historical that has a history of fraud or abuse. usage-appropriate or fraudulent-for Subscribing customers use this Reputation Management Offers: real-time forensic analysis. information to gain better insight into . Fact-based Fraud Management Subsequently, fraudulent or abusive the computers accessing their network . Discovery of Hidden Associations activity is uncovered with minimal false so they can take immediate action . IP Geolocation Data positives to mitigate the risk of Tiovationio vRae Ttpiount aRteiopnuMtaatinoang Meranager
alienating good users or causing console's forensic capabilities allow F o r r e s t e r C a s e S t u d yoperational inefficiencies. Customers investigation and reporting of fraud. If can, in real-time, query the reputation fraud is associated with one of the of a device with pre-configured devices or accounts, all associated business rules that are most relevant devices and accounts can be flagged to the transaction being screened. For at once to prevent repeat offenders P roven ROIexample, when processing a financial from hiding behind multiple identities. iovation helped a transaction, a subscriber can query for Fortune 100 company:evidence of prior fraud or identity theft IP Geolocation Data while ignoring other types of evidence, Checking an online user's location is . Identify over 43,000 such as chat abuse or spam. useful in detecting and preventing fraudulent credit applications in 1st yearfraud when a disproportionate number Hidden Associations of transactions from that location are . Experience a breakeven Fraud and abuse is reported against fraudulent. Location data can also be payback within 6 monthsaccounts or transactions through used for compliance programs with . Save $8 million with a ReputationManager's administration regulatory restrictions regarding online 321% ROIconsole. A device's reputation is, in customers' locations. The geolocation turn, affected by accounts accessed data provided by ReputationManager from it or by transactions completed includes country, state/region, city, using it. Associations among devices and ISP codes. For forensic analysis For every dollar spent on iovation, customer and accounts are formed whenever a this data is displayed through the saved more than $7.device accesses an account. These system's console. Addition... [download for more]

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