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iovation Launches Sophisticated Machine Learning Fraud Detection Solution

iovationScore helps businesses grow revenue by identifying good or trustworthy customers. In addition, it reduces friction for existing trustworthy customers by eliminating time consuming and frustrating step-up challenges. iovationScore also helps reduce fraud prevention costs by minimizing resource-intensive manual reviews and eliminating the need for expensive verification tools for trusted transactions.

iovation to Launch Machine Learning Fraud Detection Solution

iovation has announced the launch of iovationScore, a machine learning fraud detection solution which enables businesses to predict the trustworthiness or riskiness of an online transaction. In addition, the solution reduces friction for existing trustworthy customers by eliminating time consuming and step-up challenges. iovationScore also helps reduce fraud prevention costs by minimizing resource-intensive manual reviews and eliminating the need for expensive verification tools for trusted transactions.

Business Moves: Hudson Insurance, iovation, Verisk, Understory

iovation, a provider of device-based solutions for authentication and fraud prevention, announced the acquisition of multifactor authentication company LaunchKey. The acquisition of LaunchKey brings together three proven next-generation technologies—LaunchKey’s interactive multifactor authentication (MFA), iovation’s transparent device-based authentication and iovation’s global fraud database.

Vegas Startup Company LaunchKey Is Acquired by iovation

Many in the community likely know the company LaunchKey. It was originally created at one of the early Las Vegas Startup Weekend events. From there the company was formed and they’ve been one of the hottest startups in the identity and access management (IAM) space ever since. I’ll never forget their “Kill Passwords” sign at SXSW that caught so many people’s attention since password proliferation is a pain for so many of us.

iovation Acquires LaunchKey, Shows the Future of Authentication

iovation, a provider of device-based solutions for authentication and fraud prevention, announced the acquisition of multifactor authentication company LaunchKey. The move marks the launch of the new iovation LaunchKey MFA solution, an all-in-one toolkit that gives businesses the right authentication method for every touchpoint in their customer’s journey, including online, mobile, call center and in-person.

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