Casino News: Curbing the online frauds

Curbing the online frauds

 December 31, 2010, 11:00 am (6 years ago)
Innovation, the anti fraud software and service provider have recently reported that in 2010, its reputation screening device has thwarted 35 million attempts of fraud.

Greg Pierson, the CEO and Founder stated in a message to staff and his operators this week that combating abuse and online frauds is not an easy task, and demands close cooperation between the provider and the client for optimum results.

Pierson said “We don’t do it alone. We work mutually with thousands of virtual crime fighters worldwide. It takes tremendous focus, collaboration and discipline, something each of our partners, customers and employees prove every day.

“In 2010, we screened almost 2 billion transactions and blocked over 35 million of online fraud attempts.”

The group polled numerous fraud managers for their main wish catalog in the new-year and came up with “…secure mobile and online transactions; early detection of fraudsters; reducing or eliminating the burden of manual reviews and expediting good and legitimate transactions.”
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