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Avangate Develops Next Level in Fraud Control with Fraud Detective 2.0
Avangate BV, shareware registration service and e-commerce provider for online software sales, introduces a key upgrade with its proprietary fraud detection module, enabling faster order processing and superior end-user comfort. PR9.NET March 16, 2007 - Romania - Avangate BV, shareware registration service and e-commerce provider for online software sales, introduces a key upgrade with its proprietary fraud detection module, enabling faster order processing and superior end-user comfort. Fraud Detective, now reaching second edition, is part of the AvangateŽ solution and makes the later a very effective e-commerce platform to protect against criminal attacks and identity theft on the Internet. Fraud Detective 2.0 makes a difference, being a reliable fraud detection module for e-commerce while speeding up the online order management and encouraging purchases. Based on Avangate team experience with observing and handling fraudsters' behavior patterns, the technology was developed with a keen eye on online sellers' commercial requirements. The result is an efficient background application that continuously learns and improves its timing and accuracy. "Being a good fraud detective implies always being alert and open. Fraud Detective 2.0 was developed from the beginning as an intelligent module integrated within the AvangateŽ solution. Fraud patterns including specific order profile for each product are studied by the Avangate anti-fraud system, learned and archived for further reference", explains Cristian Badea, CIO Avangate B.V. "We are happy to have created a true artificial brain that understands our clients' business, helps build customer trust and eventually boosts conversion rate", adds Cristian Badea. Fraud Detective 2.0 is now standard on AvangateŽ solution and is a proof of how technology helps business grow. Better security and better customer care make better sales. # # #
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About GECAD ePayment Avangate provides eCommerce solutions for electronic software distribution, assisting software and shareware authors worldwide in successfully selling their products online. Avangate incorporates an easy to use and secure online payment system plus additional marketing and sales tools, such as an affiliate management system, automated cross selling options, software promotion management, software marketing services as well as consultancy on how to increase software sales via the internet. Headquartered in Amstelveen, The Netherlands. More information can be found on the corporate website, at: www.avangate.com For further information, contact: Avangate Tel.: +31 20 890 8080 Fax: +31 20 203 1309 Email: info@avangate.com Web: http://www.avangate.com For Media related enquiries, contact: Delia Ene - Marketing Communications Manager Tel.: +31 20 890 8080 Fax: +31 20 203 1309 Email: press@gecad.com |
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