ThreatMetrix Opens European Data Center to Support Fast-Growing Global Customer Base
Posted August 30, 2010
Expanded Investment in Europe Translates Into Unprecedented Reliability, Increased Performance, and Faster and More Accurate Fraud Screening
LOS ALTOS, CA. – August 31, 2010 – ThreatMetrix™, the fastest-growing provider of fraud prevention solutions that do not require personally identifiable information (PII), today announced that it has opened a new data center in the United Kingdom to meet increasing European customer demand. Top European e-commerce, travel, Web 2.0 and payments companies now make up 25% of the millions of daily transactions flowing through the global ThreatMetrix Fraud Network.
ThreatMetrix cuts direct fraud costs by up to 75% for its customers in Europe, North America, South America, Asia, and Australia. Delivered via the software-as-a-service (SaaS) model, the ThreatMetrix Fraud Network provides risk, IT, e-commerce, security and fraud professionals with shared intelligence in real-time for verifying new accounts, authorizing payments and transactions, and authenticating user logins, all in one integrated system. The ThreatMetrix Fraud Network utilizes a comprehensive range of device, behavioral, and transaction data to build a customizable “contextual risk score” that delivers the information fraud analysts need to make an instant “go, no-go” decision about a customer.
According to Reed Taussig, president and CEO, ThreatMetrix, increasing European demand for ThreatMetrix products and services validated the company’s decision to further invest in its European customer base to ensure on-going satisfaction with TheatMetrix.
“Opening an additional European data center translates into better performance, faster, and more accurate fraud screening,” said Taussig. “Many of our customers conduct business in real-time so it’s imperative that our ThreatMetrix Fraud Network service quickly identify fraudulent devices and transaction and identity anomalies so they can make a safe ‘go, no-go’ decision.
Additionally, ThreatMetrix recently signed agreements with SIA, a leading systems management and security company to provide network oversight and support during European business hours, and with Athena Global Services, a prominent French software distribution company located in France, to represent ThreatMetrix in that region.”
“Today’s announcement, in conjunction with our recent announcement of European Safe Harbor certification, demonstrates our ongoing commitment to delivering the industry’s highest quality service across the globe,” said Taussig.
To view a web-based product demo, go to: http://info.threatmetrix.com/ThreatMetrix-Product-Tour
To read a whitepaper on the ThreatMetrix Fraud Network, visit: http://info.threatmetrix.com/ThreatMetrix-fraud-network.html
ThreatMetrix®, The Digital Identity Company®, is the market-leading cloud solution for authenticating digital personas and transactions on the Internet. Verifying more than 20 billion annual transactions supporting 30,000 websites and 4,000 customers globally through the ThreatMetrix Digital Identity Network®, ThreatMetrix secures businesses and end users against account takeover, payment fraud and fraudulent account registrations resulting from malware and data breaches. Key benefits include an improved customer experience, reduced friction, revenue gain and lower fraud and operational costs. The ThreatMetrix solution is deployed across a variety of industries, including financial services, e-commerce, payments and lending, media, government and insurance.
Tel: 650-625-1451, ext. 122