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Online Payments

iovation, Affirmative Technologies in online fraud prevention deal

Monday 14 February 2011 | 11:33 AM CET

US-based electronic payment and risk management services provider Affirmative Technologies is to enter a partnership with US provider of online fraud prevention technology iovation to implement the latter’s fraud protection service.

Under the terms of the deal, iovation will enable Affirmative Technologies users to authenticate before entering sensitive areas of their clients’ websites. Via its payment software, Affirmative Technologies offers direct billers a single-source platform that allows their customers to pay bills online or via a call center with a virtual check or credit card.

Affirmative delivers ACH services and software for payment processing, integration services, e-commerce and merchant point-of-sale transaction processing.
iovation ReputationManager 360 is a fraud prevention service enabling merchants to stop cyber criminals to cause damages to business or customers.

In a recent development , iovation has entered an agreement with the Canadian technology services provider TWS. The latter is set to promote and sell iovation ReputationManager 360 fraud protection service to travel and leisure booking services providers and online travel merchants.

More: Link
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