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Sphonic rolls out platform to help e-merchants reduce fraud

Wednesday 17 October 2012 11:15 CET | News

Sphonic.com, the trading name of Symphonic Solutions, has rolled out a technology platform to help e-commerce and m-commerce merchants manage the risk of ‘consumer-not-present’ transactions and reduce fraud.

The service acts as a channel between an organisation and multiple third-party vendor services in the fields of identity and verification, credit agencies, device fingerprinting, IP geo location, email and domain profiling, web tracking, PEP/Sanction, payment instrument verification and analytics.

Merchants can select the third party vendor services they want and Sphonic will research and add vendors to its network and allow clients access to new products as they emerge. Sphonic collects relevant data from all these various third party services and uses that data to build a profile of the user, based on their personal information, credit rating and web history.

 


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Keywords: Sphonic, online fraud, online merchants, identity and verification
Categories: Fraud & Financial Crime
Companies:
Countries: World
This article is part of category

Fraud & Financial Crime






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