2011年6月8日 星期三

USA ePay and ThreatMetrix Collaborate to Provide Comprehensive Fraud Prevention Solutions for Online Retailers

“We were experiencing various fraud attempts on our system, particularly with account log-ins and Web payments,” said Ben Goretsky, CEO, USA ePay. “What's happening in the industry is that merchants' computer systems are being phished for user names and passwords while also being infected by Trojan viruses. The problem stems from the fact that online fraud attacks are becoming increasingly sophisticated; simplistic solutions no longer work. We need a leading edge solution, from a market leading company, to address this 21st century threat.”

“ThreatMetrix came highly recommended to us by one of the top credit card companies,” continued Goretsky. “There were three other companies in the running but we liked the fact that ThreatMetrix already worked with other companies in our industry, that they can provide us with a flexible, customizable risk scoring solution specific to our needs, and that we could screen for log-in and payment fraud from one integrated platform. We like working with a third-party organization completely dedicated to fraud prevention.”

According to Goretsky, USA ePay also liked ThreatMetrix's out-of-the-box reporting capabilities whereby USA ePay technical analysts can drill down on each device ID to determine the proxy IP address, email address, true IP address and other key data to help determine whether a specific log-in or payment transaction is legitimate or potentially fraudulent.

“The challenge for payment processors today is to provide their customers with fast, reliable and convenient payments while at the same time protect them and their customers from becoming victims of fraud,” said Bert Rankin, vice president of marketing, ThreatMetrix. “ThreatMetrix helps payment processors meet these fraud challenges, making them and their customers more competitive.”

About USA ePay

Since 1998 USA ePay, a GorCorp Inc. company, has been helping merchants process their credit card and check transactions with speed and security. Founded by the Goretsky brothers, the company is family-owned and based in Los Angeles, CA. Currently the USA ePay gateway supports all of the major platforms (First Data, TSYS, Global, Paymentech) in the credit card industry and works with some of the leading check platforms. USA ePay is also pleased to work with many of the larger merchant service banks in the US and abroad.

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