According to the company, in 2011 the top three European countries for online fraud were Romania, Lithuania and Croatia. From April 2011 to April 2012, iovation has stopped about 15 million fraudulent online transactions in Europe, up by 60 percent since 2011.
iovation has also opened a European data center in the Netherlands aimed at serving content for iovation customers using iovation’s ReputationManager 360 service, which manages the reputation of 900 million devices and 7 billion associated transactions, from computers to tablets to mobile phones, across a broad range of industries.
In recent news, iovation and TeleSign, a provider of internet fraud prevention and web-based user identification, have joined forces to provide customers with a combined offering which includes ReputationManager 360 service and TeleSign 2FA, TeleSign Verify and PhoneID.
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