2012 Gartner Magic Quadrant Report on Fraud Detection Released
CHICAGO, IL – June 6, 2012
Accertify, a leading fraud prevention and risk management provider, today announced that Gartner, Inc. has named the company as a Leader in its latest report on web fraud detection in 2012. The Magic Quadrant for Web Fraud Detection, published on May 29, 2012 by Avivah Litan, evaluates providers on their completeness of vision and ability to execute. Fifteen firms were included in the study.
“Accertify is honored to be named a Leader by Gartner in the Magic Quadrant, as we believe it echoes our success and understanding of the e-commerce fraud prevention space. With cyber-attacks continuing to be on the rise, we have developed real-time solutions to adapt quickly to changing fraud patterns,” said Jeff Liesendahl, President of Accertify. “Our comprehensive, flexible and efficient solution has helped clients across the globe minimize fraud risks when processing transactions.”
According to Gartner analyst Avivah Litan’s report, “The Leaders quadrant contains four fraud prevention vendors that have well-established records in online fraud detection.” The study states that “the companies serve different use cases and don't all compete directly with each other. They all earn high scores from their customers for their ability to effectively stop fraud, while minimizing inconvenience to end users and the organizations that use them” and they “earn high marks for responsive customer service and relatively easy implementations. Their product, sales and marketing strategies and executions are strong, and they continue to innovate and improve their services. They are firmly committed to staying and winning in this market, and to developing their products and services to meet evolving customer needs. They have also demonstrated that they can sell into markets in different parts of the world, other than their home countries. They have demonstrated agility and the ability to move quickly in helping their customers address difficult and fast-changing fraud issues.”
Accertify Inc., a wholly owned subsidiary of American Express, based in Itasca, IL, is a leader in providing e-commerce companies with hosted software solutions, tools and strategies for preventing online fraud and mitigating enterprise-wide risks. Accertify’s Interceptas® Platform integrates the various components of fraud prevention, applies state-of-the-art automation to each step in process and offers advanced capabilities for managing fraud data. Built with a merchant's perspective, the Interceptas® Platform delivers flexibility in preventing fraud related to card-not-present purchases, online scams and policy abuse, merchandise returns and exchanges and other data management challenges. Accertify is committed to providing online companies with the most cost-effective solution to fraud available. For more information, visit www.accertify.com.
About the Magic Quadrant
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Diana Postemsky, American Express