News

Ogone launches online fraud protection tool Fraud Expert

Friday 14 June 2013 10:26 CET | News

Belgium-based online payment processing services provider Ogone Payment Services has upgraded its online fraud prevention package by introducing a new product dubbed Ogone Fraud Expert.

The newly launched product provides merchants with upgraded protection against online fraudsters. Ogone Fraud Expert comprises of a set of over 20,000 control rules configured and maintained by Ogones fraud experts, device fingerprinting for detecting suspect behaviour, a pooled knowledge database, industry specific templates and finally, the option of outsourcing on demand transaction reviews to a group of fraud experts for investigation.

Ogone Fraud Expert enables merchants to relax their blocking rules, thereby reducing the automatic rejection of legitimate transactions and offers support for refining the configuration of their risk analysis criteria.

If there is any doubt about a transaction, a second level of control kicks in. First of all, the device fingerprinting tool, which recovers information from the users computer, whether desktop or laptop (browser used, screen resolution, etc.), in order to determine his or her device fingerprinting and to block transactions coming from dubious sources. In addition, an assessment of the risk level via a set of over 20,000 control rules, including certain sector-specific ones (travel, high tech, etc.), which are configured and maintained by Ogone fraud experts.

Currently, Ogone enables more than 42,000 customers to operate internationally in 70 countries using its connections via certified links with over 200 different banks and acquirers. Through its subsidiary Tunz.com, Ogone holds a certified European e-money license, offering ‘plug and play’ virtual wallets to their merchants without them having to open foreign accounts and sign contracts with third-parties.
 


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Ogone, online payments, online fraud, fraud protection, Belgium, Fraud Expert
Categories: Fraud & Financial Crime
Companies:
Countries: World
This article is part of category

Fraud & Financial Crime






Industry Events