Press Releases

July 13, 2010

iovation Announces ReputationManager 360

Protecting the World’s Largest Online Brands from Fraud and Abuse

PORTLAND, Ore. – July 13, 2010 – iovation, the device reputation authority protecting online businesses from fraud and abuse, today unveiled ReputationManager 360, the most comprehensive device-based fraud prevention solution available. ReputationManager 360 combines customizable business rules, risk profiles, and the shared experiences of more than 2,000 fraud analysts worldwide.

ReputationManager 360 helps online businesses stop cyber criminals before they have a chance to cause damage to both businesses and customers. Businesses gain greater flexibility and control over the activity on their website by incorporating deep intelligence about end-user devices, associated accounts, and shared history.

With iovation ReputationManager 360, online businesses can:

• Identify when a known bad device touches their site
• Uncover related accounts and transactions
• Evaluate risk based on transaction anomalies
• Evaluate risk based on shared experience
• Assess risk based on device characteristics and behavior
• Customize business rules to deliver optimal results

Behind ReputationManager 360 is the Device Reputation Authority (DRA), a dynamic collection of data, analytics and expertise that solve online business security challenges.

The DRA:

• Has processed 3.5 billion reputation checks
• Manages 350 million unique devices
• Checks 5 million device reputations per day
• Stops 100,000 online fraud incidents every day

“We work closely with customers to continue advancing our industry leading fraud and abuse management services. Our new suite of real-time services gives online businesses even more firepower in the fight against online fraud and abuse,” said Greg Pierson, CEO and co-founder of iovation. "Consumer interactions such as purchases may require sophisticated reviews where interactions such as logins may only need a lightweight check. Our targeted solutions can be mixed and matched throughout a brand’s website to meet their unique business needs.”

The new iovation solutions include:

• ReputationManager 360 – For businesses with the most demanding fraud management challenges, this comprehensive service combines shared evidence of fraud and abuse from the world’s leading brands, configurable advanced real-time business rules, account relationships, device profiles and transaction anomaly checks.
• ReputationManager Basic – For online businesses with more basic fraud management challenges, this service combines configurable real-time business rules, account relationships, transaction anomaly checks and management of the brand’s own evidence of fraud and abuse.
• QuickCheck – This service extends the power of both 360 and Basic at extremely high volume, lower risk interactions such as logins.

Online businesses interested in learning more about iovation’s new solutions can attend a free webinar, “Real-Time Risk Mitigation: Detecting High Risk Transactions,” on July 20 at 8:00 a.m. and 6:00 p.m. PDT.

About iovation
iovation helps companies know which online visitors to trust in order to reduce fraud, abuse, and protect customers and online communities. We apply the world’s largest database of devices used to access the internet (computers and mobile phones) to determine the level of risk associated with any type of online transaction. Retail, financial, social network and gaming companies query iovation’s reputation database of over 350 million devices more than 5 million times each day. iovation delivers instant recommendations through our SaaS services across multiple points of end-user contact. For more information, visit www.iovation.com.