Hardware or Software? Software-as-a-Service (SaaS)
First Launched: Initially product introduced March 2002; Latest release introduced October 2007
What it does? iovation's real-time ReputationManager™ device reputation service identifies fraudulent computers connecting to a Web site and exposes hidden relationships between suspicious computers and accounts to protect businesses from all forms of online fraud and abuse. The service is built in iovation's shared Device Reputation Authority™ database, which manages the reputations of tens of millions of unique devices across the Internet and shares its device intelligence with customers to proactively stop fraudsters and online offenders from penetrating or repeating fraudulent or abusive activity. iovation's service does not impact the user experience, require software downloads, or collect any personally identifiable information (PII).
“The goal of any product innovation must always remain a positive change, making or improving solutions better than before. iovation’s innovative ReputationManager service augments existing fraud detection processes by providing a multi-layered defense against fraud and abuse while improving efficiency within the fraud management process.”
Network Products Guide
Performance Throughput: iovation can process upwards of 35 million Internet transactions per day.
Interfaces: Standard Web APIs
Key Features and Benefits: iovation exposes computers and online accounts with histories of fraudulent and abusive behavior and shares the reputations of over 60 million unique devices across the Internet to help businesses reduce online fraud and abuse, improve operational efficiency within their fraud detection process, and increase revenue by accepting more good business. iovation's device reputation service works in contect with the overall fraud management process to provide additional value to customers that goes beyond an insurance sale and encompasses a real return on investment that is not only about stopping fraud loss, but also about reducing operational costs and increase business revenues.
“Network Products Guide’s recognition of iovation’s ReputationManager is a tremendous honor and tribute to iovation’s innovation and continued commitment to developing highly effective solutions that support our customers’ demands around fraud management. Customers sharing device-based information benefit from the many tools and years of experience combating online fraud and abuse to better protect their online environments and trusted customers.”
Greg Pierson, CEO and founder - iovation, Inc.
Unique Capabilities: iovation pioneered the use of device reputation to establish trust in digital transactions. As the only provider of shared device reputations on the Internet, iovation manages the reputations of over 60 million unique computers, helps customers stop 10,000 daily fraudulent activities, and performs over a billion fraud checks a year.
Targeted Users: iovation serves a number of verticals, including Online Retail, Internet Gaming and Gambling, Financial Services, and Online Social Networking.
List Price: Pricing is based on the total volume of each customer's Internet transactions, and is derived by the ROI (per transactions) of each industry we serve. Pricing starts at .08 cents per transaction and goes down from there.
Satisfied Customers: iovation has more than 60 satisfied customers that use the ReputationManager service to combat online fraud and abuse.
Sales Contact for iovation, Inc.
Chris Reid, VP Sales
(503) 943-6766
chris.reid@iovation.com
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