Stan James Joins Ethoca in the Global Fight Against Ecommerce Fraud
Posted on Mon, Oct 01, 2007 @ 05:00 AM
Leading sports betting brand chooses Ethoca to maximize profits through enhanced fraud management
(PRNEWSWIRE) October 1, 2007 -- Ethoca Limited (Ethoca) announced today that Stan James has joined the expanding list of global companies joining forces to work together to eradicate fraud and other unwanted activity throughout the ecommerce world. Working in cooperation with each other allows companies to further a more trusted and safe ecommerce environment for merchants and consumers.
“Fraudsters, whether operating alone or in collusion, target all companies and it is time for us to work together – not just within our industry but across all industries.” said Peter Fisher, CEO, Stan James. “Ethoca have delivered the solution that finally makes all the benefits of working with others a reality.”
Ethoca recently added bwin and 888 to its Data Sharing service, and expect to announce other significant new member signings in the months ahead. The company’s expanding membership means its clients have access to the collective experiences and analyses of a broad and varied number of sectors. Companies that join Ethoca’s Data Sharing service see fraud management not as an area for competition, but as an area for cooperation.
“Stan James is the latest gaming operator who recognizes that using Ethoca is an opportunity to grow their business while managing fraud more effectively,” said Andre Edelbrock, Ethoca President and CEO. “Fraud is becoming more sophisticated and companies need to consistently review their fraud management practices to ensure they remain ahead of the fraudsters. Ethoca’s Data Sharing service allows them to achieve this by sharing fraud experiences in an efficient, effective and ethical manner for mutual gain.”
About Ethoca
Ethoca’s technology enables broad, automated industry collaboration through a highly secure communications hub and repository used by merchants, payment processors, fraud solution vendors, issuers and banks. Its rapidly growing database contains 600 million merchant and payment provider contributed records containing rich transaction information and outcomes across various payment types. Data can be linked by any attribute, offering a 360-degree view of behavioral patterns online that help identify both good and bad orders and customers. Learn more about Ethoca.
Ethoca™ is a registered trademark of Ethoca Limited.