Accertify & TARGUSinfo Partner to Help Merchants Verify Online Transaction Data
CHICAGO, Ill. and VIENNA, Va. - February 27, 2008
Accertify's Interceptas® solution integrates On-Demand VerificationSM services from TARGUSinfo
Accertify, a provider of leading-edge credit card fraud prevention solutions, and TARGUSinfo, the leader in On-Demand Information services for consumer-facing businesses, today announced a partnership to help online merchants easily verify hard-to-find transaction data.
Under the agreement, Accertify® will integrate On-Demand Verification services from TARGUSinfo as part of its Interceptas solution. Interceptas is the first integrated platform designed from the merchants' perspective for combating card-not-present fraud, enabling the complete fraud prevention process to be managed with one comprehensive and highly flexible solution.
On-Demand Verification services help retailers to instantly verify the millions of consumers incorrectly red-flagged by credit-card authorization systems and reduce false positives that cost billions in lost sales and customer loyalty.
"Interceptas puts more powerful information at fraud analysts' fingertips when they need it," said Jeff Liesendahl, CEO, Accertify. "By integrating On-Demand Verification services with Interceptas, we've simplified the deployment and maintenance of merchants' fraud prevention tools so they can focus on their businesses. Accertify keeps their fraud defenses state-of-the-art so they don't have to."
"Accertify customers require the nation's most authoritative phone, name and address data to confirm that their transactions are linked to legitimate customers," said Paul McConville, TARGUSinfo Director - Risk and Retail Services. "Together, Accertify and TARGUSinfo are enabling retailers to speed approval of legitimate transactions to maximize profit, productivity and customer satisfaction."
TARGUSinfo is the leading provider of On-Demand InformationSM services for companies that buy and sell online leads. Its unique identification, verification and location services enable retailers, Web-based marketers, call-center operators, telecommunications providers and others to dramatically increase the quality of their services and the effectiveness of their marketing. A privately held company, TARGUSinfo is headquartered in Vienna, Va. Please visit www.TARGUSinfo.com or call 800.6.TARGUS (800.682.7487).
Accertify, Inc. is the first company to focus on developing fraud prevention tools and strategies from the perspective of merchants that accept 'card not present' transactions. That focus led to the development of Interceptas®, which applies state of the art automation to every step in the merchant's process of managing credit card fraud exposure. Accertify exemplifies a constant commitment to maintaining the best in fraud prevention strategies, and its management team combines complementary skills from fraud management, business software development, accounting and legal to assure that its customers receive the most comprehensive, cost-effective solution to credit card fraud available.