LexisNexis RiskWise and Quova Align

Wednesday 26 January 2005 02:03 CET | News

LexisNexis RiskWise and Quova have announced an alliance to help e-commerce merchants fight global credit card fraud, which industry experts project to reach $60 billion by the end of 2005.

LexisNexis RiskWise detects high-risk credit card transactions with advanced identity and address verification. Quova develops geolocation technologies that determine the physical location of a Web site visitor in real time. The LexisNexis RiskWise product line validates and verifies both billing and shipping addresses in card-not-present transactions. LexisNexis RiskWise products also calculate a unique fraud verification score that quantifies the risk level of each transaction. Quovas GeoPoint service provides real-time identification of the website visitors geographic location, from country level down to city-level precision if required.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce