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iovation and Abercrombie & Fitch to Reveal How Device Reputation Helps Stop Online Fraud at Record LevelsPORTLAND, OR, Oct 12, 2012 (MARKETWIRE via COMTEX) -- iovation, the Device Reputation Authority(TM) protecting online businesses from fraud and abuse, today announced that it will be joined by retailer Abercrombie & Fitch in a presentation about stopping online fraud at the upcoming Accertify User Conference in Chicago, Illinois. The two will reveal how Abercrombie & Fitch has achieved the lowest amount of chargebacks ever by utilizing device reputation technology. Through its ReputationManager 360 service, iovation tracks the reputations of everything from desktops to laptops, mobile phones to tablets, and gaming consoles to smart TVs. By utilizing iovation's device reputation intelligence gathered across its network of hundreds of customers and thousands of security professionals, retail companies can determine whether or not a device would be likely to conduct a fraudulent transaction. This unique iovation capability makes it possible to proactively identify devices that are associated with abuse and stop bad actors before they can strike. "It is great to hear first hand how our device-centric reputation approach to combating fraud makes a material difference for our clients" said iovation Vice President of Sales Max Anhoury, who is speaking at the Accertify User Conference. "I'm looking forward to discussing fraud prevention strategies with some of the world's leading brands, along with how iovation's unique and global device reputation services not only help stop fraud, but also make fraud identification processes more cost effective and efficient." The case study presentation featuring iovation and Abercrombie & Fitch will be held at The Westin Michigan Avenue Chicago hotel in Chicago on October 17 at 3:15pm Central Time. About iovation iovation protects online businesses and their end users against fraud and abuse through an industry-leading combination of shared device reputation and real-time risk evaluation. More than 2,000 fraud managers around the globe leverage iovation's database of Internet devices and relationships between them to determine the level of risk associated with any type of online transaction. Retail, financial services, social network, gaming and other companies make real-time queries to iovation's knowledge base of more than one billion devices from every country in the world. Every day, iovation stops over 150,000 fraud attempts. For more information, visit www.iovation.com. CONTACT: iovation Inc. Connie Gougler 503-943-6748 Email Contact SOURCE: iovation http://www2.marketwire.com/mw/emailprcntct id=5DC83453C10A504A |