Web Fraud Detection Leader Recognized in Top 100 Most Promising Global Companies

PORTLAND, Ore. – December 15, 2011 – iovation, the Device Reputation Authority™ protecting online businesses from fraud and abuse, today announced that Red Herring has selected iovation as a Top 100 Global company.

Since 1996, Red Herring has recognized outstanding private technology companies from North America, Europe, and Asia. Earlier this year, iovation was named to the North America Top 100 list. At the end of each year, Red Herring recognizes the Global 100 winners, which they describe as “the best of the best”. Previous Global Top 100 companies include Google, Skype, Baidu, Salesforce.com, YouTube, eBay and many others.

iovation’s fraud prevention service, ReputationManager 360, has continuously evolved since 2004 into a full spectrum reputation service supporting native and web integrations for both mobile and desktop devices, tagged and tagless device recognition, real-time transparent risk scoring, and on-demand and scheduled reporting. iovation’s service now protects billions of transactions for its industry-leading customers around the world.

“iovation is honored to be named a Top 100 Global Company by Red Herring,” said Greg Pierson, iovation CEO and co-founder. “This award is recognition for years of hard work protecting our clients from cybercriminals and other online abusers. The phenomenal growth iovation has experienced is really directly attributable to the effectiveness of our shared intelligence network.”

“Choosing the best out of the previous two years was by no means a small feat,” said Alex Vieux, Chairman of Red Herring. “After rigorous contemplation and discussion, we narrowed down our list from 1,100 potential companies to 100 winners. It was an extremely difficult process. iovation should be extremely proud of its achievement, the competition for the Top 100 was fierce. The Top 100 Global are truly the best of the best.”

Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track record and standing of companies relative to their sector peers, allowing Red Herring to make the list an invaluable instrument of discovery and advocacy for the greatest business opportunities from around the world.

The full list of 2011 winners is located at: http://www.redherring.com/top-100/

About iovation

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.

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