ThreatMetrix to Showcase Leading Online Fraud Prevention Solutions at January 12 – 14 Ticket Summit in New York
Posted December 8, 2010
Alisdair Faulkner, ThreatMetrix Chief Products Officer, to Speak on the Latest Tools to Prevent Online Ticketing Fraud Including Cookieless Device Identification.
LOS ALTOS, CA. – December 8, 2010 – ThreatMetrix™, a fast growing provider of fraud prevention solutions that do not require personally identifiable information (PII), today announced that Alisdair Faulkner, chief products officer, ThreatMetrix, will be speaking and the company will be exhibiting at Ticket Summit®, the leading conference and trade show for the live entertainment industry, January 12 – 14, at The Waldorf Astoria, New York.
“Online ticketing companies are in the cross sights of professional fraudsters as evidenced by the recent ‘Wise Guys’ conviction in which fraudsters made more than $25 million in illegal profits by using automated computer programs to cut ahead of the public to buy and resell more than one million tickets to events like Bruce Springsteen concerts and the Rose Bowl football game,” said Faulkner. “ThreatMetrix helps ticketing organizations identify and prevent online fraud using the latest device identification technologies.”
With the introduction of the Fall 2010 release of the ThreatMetrix Fraud Network, ThreatMetrix has enhanced businesses ability to detect returning visitors based on the attributes of the device – be it a smartphone, personal or tablet computer – without using any cookie information and has improved rules to use this information to detect spoofed devices and IP addresses as well as sniff out botnets.
WHAT: Ticket Summit
WHEN: January 12 – 14, 2011. Faulkner will be speaking on the technology and innovations panel which will take place from 2:00 – 2:50 p.m., Thursday, January 13.
WHERE: The Waldorf Astoria, New York, New York
WHY: ThreatMetrix detects and prevents payments and transaction fraud in ticketing scenarios where criminals use stolen credit cards to make purchases online (often referred to as card not present or CNP).
Ticket Summit attendees attending the ThreatMetrix presentation will learn from real life case studies showing the latest techniques to detect and prevent ticketing fraud and how to:
• Stop fraud associated with fully paperless tickets
• Stop chargebacks, payments and transaction fraud the first time based on device anomalies
• Instantly recognize device, credential and behavioral anomalies based on transaction or payment context
• Increase revenue by declining good customers less often
About Ticket Summit
Ticket Summit is the world’s leading ticket conference and trade show for live entertainment professionals. This event attracts hundreds of global business leaders, entrepreneurs, and entertainment experts in the ticket community. Past attendees and sponsors include: Billboard, Blue Man Group, Broadway.com, eBay, Forbes, Google, Live Nation, MLB, NBA, NFL, NHL, PowerPay, StubHub, Ticketmaster, and Yahoo!, among others. The upcoming Ticket Summit conference and trade show is scheduled for January 12-14, 2011 at The Waldorf-Astoria in New York, NY. For information, visit www.TicketSummit.org.
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