Avangate Develops Next Level in Fraud Control with Fraud Detective 2

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Released on: 15, March 2007
, Author: Sorana Kunst
, Audience: Software related

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Avangate BV, shareware registration service and e-commerceprovider for online software sales, introduces a key upgrade with its proprietaryfraud detection module, enabling faster order processing and superior end-usercomfort. Fraud Detective, now reaching second edition, is part of the Avangate solution and makes the later a very effective e-commerce platform to protect againstcriminal attacks and identity theft on the Internet.

Fraud Detective 2.0 makes a difference, being a reliable fraud detection module fore-commerce while speeding up the online order management and encouraging purchases.Based on Avangate team experience with observing and handling fraudsters' behaviorpatterns, the technology was developed with a keen eye on online sellers' commercialrequirements. The result is an efficient background application that continuouslylearns and improves its timing and accuracy.

"Being a good fraud detective implies always being alert and open. Fraud Detective2.0 was developed from the beginning as an intelligent module integrated within theAvangate solution. Fraud patterns including specific order profile for each productare studied by the Avangate anti-fraud system, learned and archived for furtherreference", explains Cristian Badea, CIO Avangate B.V.

"We are happy to have created a true artificial brain that understands our clients'business, helps build customer trust and eventually boosts conversion rate", addsCristian Badea.

Fraud Detective 2.0 is now standard on Avangate solution and is a proof of howtechnology helps business grow. Better security and better customer care make bettersales.

***

About Avangate B.V. Avangate B.V. provides solutions for electronic software distribution and resellermanagement, assisting software companies worldwide in successfully selling theirproducts online and at the same time efficiently managing a distribution network.The company's offer includes an eCommerce platform incorporating an easy to use andsecure online payment system plus software marketing services and additionalmarketing and sales tools such as an affiliate network, automated cross sellingoptions, software promotion management, real time reporting, 24/7 shopper support,and the myAvangate reseller management program specifically designed for softwaresales.


Source: Express-Press-Release.com
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