iovation’s Device Reputation and Fraud Prevention Solution is Available Through the IdentityMind Platform
IdentityMind, Digital Identities You Can Trust, announced today a partnership with iovation, a TransUnion company. Under the agreement, iovation’s award-winning device-based solution will be available through the IdentityMind Platform. iovation’s solution adds a stronger device representation to IdentityMind’s digital identity platform. Not only do IdentityMind customers get access to iovation’s fraud prevention technology, they can also exchange intelligence through iovation’s network of fraud prevention professionals.
“Validating devices is fundamental to the assessment of online identities,” said Neal Reiter, IdentityMind’s Vice President of Platform. “Since 2005, iovation has been a leader in device identity and intelligence. Their technology and reputation in the marketplace is more than proven, and we are very excited to have their technology as part of our ecosystem.”
Having a clear definition of devices and their reputation continues to be an essential component in fraud assessment, detection of account takeovers and account creation.
“iovation is thrilled to become the device reputation anchor for IdentityMind’s identity intelligence,” said iovation Vice President of Global Partnerships, Ed Wu. “We’re looking forward to seeing their customers leverage the power of device intelligence alongside IdentityMind’s identity verification solutions to stop fraud while providing good customers a great experience.”
IdentityMind, creator of Trusted Digital Identities (TDIs), offers a SaaS platform for online risk management and compliance automation. We help companies reduce client onboarding fraud and transaction fraud, and improve AML, sanctions screening, and KYC. IdentityMind continuously builds, validates and risk scores digital identities through eDNA™ technology to ensure global business safety and compliance from customer onboarding and throughout the customer lifecycle. We securely track the entities involved in each transaction (e.g. consumers, merchants, cardholders, payment wallets, alternative payment methods) to build payment reputations, and allow companies to identify and reduce potential fraud, evaluate merchant account applications, onboard accounts, enable identity verification services, and identify potential money laundering. For more information, visit IdentityMind on the Web, Twitter, LinkedIn, Instagram and Blog.
iovation, a TransUnion company, was founded with a simple guiding mission: to make the Internet a safer place for people to conduct business. Since 2004, the company has been delivering against that goal, helping brands protect and engage their customers, and keeping them secure in the complex digital world. Armed with the world’s largest and most precise database of reputation insights and cryptographically secure multifactor authentication methods, iovation safeguards tens of millions of digital transactions each day.