iovation Recognized for Providing Outstanding Fraud Prevention Results to Online Gaming Operators
PORTLAND, Ore. – January 12, 2011 – iovation, the Device Reputation Authority™ protecting online businesses from fraud and abuse, today announced it has been named a finalist in the International Gaming Awards (IGA) for the 2011 Technology Provider of the Year.
The finalists for Technology Provider of the Year offer innovative products to online gaming operators that have shown originality, the ability to succeed in a highly competitive market, and have offered services to clients that have increased their profitability, productivity and efficiency.
“iovation is and continues to be one of Entraction’s strongest technology partners for continued business success,” said Entraction Estonia Managing Director, Leonid Nezgoda. “With iovation, Entraction can remain focused on supplying gaming services to operators, knowing that the device reputation leader is effectively managing fraud for their business.”
The International Gaming Awards will be revealed the evening of the 24th of January at the Jumeirah Carlton Tower located in Knightsbridge, London. The ceremony kicks off the annual ICE Totally Gaming conference, held at the Earls Court Exhibition Centre the same week.
Serving the gaming industry since 2004, iovation provides operators with the ability to quickly identify and stop offenders committing financial fraud, bonus abuse, collusion, money laundering, chat abuse and other issues or problems experienced by gaming platform providers. In 2010, iovation screened nearly 2 billion transactions and stopped more than 35 million fraud attempts.
“Having iovation is simply a must for any business running a gambling or e-commerce platform,” says William Hill Head of ePayments and Risk Management, Imri Meir. “We see device identification and device reputation becoming a standard, necessary part of a comprehensive defense against fraud.”
iovation, a TransUnion Company, was founded with a simple guiding mission: to make the Internet a safer place for people to conduct business. Since 2004, the company has been delivering against that goal, helping brands protect and engage their customers, and keeping them secure in the complex digital world. Armed with the world’s largest and most precise database of reputation insights and cryptographically secure multi-factor authentication methods, iovation safeguards tens of millions of digital transactions each day.