PORTLAND, Ore. – August 13, 2012 – Billing Services Group (BSG), a leader in innovative payment solutions, and iovation, the Device Reputation Authority™ protecting online businesses from fraud and abuse, today announced a partnership that will integrate iovation’s ReputationManager 360 solution within BSG’s OrderBridge™ payment management system. The addition of iovation’s fraud detection service offers BSG merchants not only advanced device identification, but access to iovation’s global network of Internet-enabled devices, their associations, and reputations—in order to know who to trust.
“We are thrilled to work with iovation to offer an additional level of fraud protection for our merchants,” said Scott Chapman, BSG Vice President of Business Development. “We understand that each merchant’s business is unique and by keeping OrderBridge™ flexible and customizable, we are able to address our merchants’ needs today and long-term. Integrating iovation’s ReputationManager 360 service is a natural fit. Merchants have even more control over their fraud prevention techniques without disruption to their existing workflow. This partnership gives merchants ongoing confidence knowing their transactions are secure.”
ReputationManager 360 will be an integrated part of the OrderBridge™ payment system, allowing merchants to customize their fraud controls. At the point of purchase, iovation will then analyze the transaction risk in real-time, flag questionable devices and deliver a recommendation to allow, review or deny the transaction based on the merchant’s business rules. Merchants can then use this recommendation within their existing workflow. ReputationManager 360 also enables scheduled and on-demand reporting that will provide merchants with valuable information needed to improve their fraud controls.
“iovation’s device reputation service perfectly complements the OrderBridge™ payment system without any additional integration work,” said Jon Karl, Vice President of Corporate Development at iovation. “We’re excited about this partnership and the ability to assist even more of the world’s leading merchants who are already Billing Services Group customers.”
OrderBridge™ is a comprehensive payment management system that consolidates and streamlines transactions and reporting into one integrated system. This all-in-one payment system includes PCI-compliant payment acceptance, proactive fraud protection, robust reporting and powerful transaction management tools. OrderBridge™ is integrated with many different payment gateways providing merchants with a variety of payment choices without the extra time and costs of separate integrations.
ReputationManager 360 combats cyber fraud through actionable intelligence, sharing real-time risk assessment and reputation with hundreds of customers and thousands of cyber security experts who use the iovation solution. This unique iovation capability makes it possible to proactively identify devices such as computers, mobile phones and tablets that are associated with abuse—before bad actors can strike. In addition, iovation helps online sites visualize associations between transactions, devices and consumers, often exposing fraud rings that would otherwise remain hidden. ReputationManager 360 has analyzed 8 billion online transactions originating from more than 1 billion devices.
BSG is headquartered in San Antonio, Texas, USA and traded on the London Stock Exchange (AIM: BILL). For over 20 years, BSG has been a leading provider of clearing, settlement, payment and financial risk management solutions for the telecommunications industry, merchants and online stores. For more information on BSG, visit www.bsgclearing.com. For more information on OrderBridge™, visit www.theorderbridge.com or 1-888-633-2120 or firstname.lastname@example.org.
Headquartered in Portland, OR, iovation 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 large brands protect their end users against online fraud and abuse that’s increasingly more common in today’s hacker culture. Using an intuitive and high availability product suite that focuses on authentication and fraud prevention, iovation identifies trustworthy customers through an advanced combination of device authentication and real-time risk evaluation. Armed with the world’s largest device-based fraud prevention database, iovation safeguards tens of millions of transactions against fraudulent activities each day. And the world’s foremost fraud experts regularly contribute their learnings as members of iovation’s Fraud Force Community, an exclusive virtual crime-fighting network.