Risk Ident strengthens partnership with Computop
February 2017 by Emmanuelle Lamandé
Risk Ident has strengthened its
partnership with Computop. The two
companies have signed a partnership agreement and, in doing so, are strengthening
the existing successful partnership, deploying ‘Device Ident’, a Risk Ident
software product capable of identifying cases of online transaction fraud in real
time through device recognition.
Computop merchants can now choose to integrate ‘Device Ident’ into their
Computop Paygate payment platform, enabling them to detect evidence of fraud and
thus effectively minimise the associated costs of online fraud. By identifying
unique device characteristics, retailers are able to reliably assess the risk of end
devices and identify those that are already suspected of fraudulent activities.
Device fingerprinting works by analysing the unique characteristics of each end
device that places an order in a retailer’s online shop. The individual
fingerprints are created and stored by Risk Ident in a global data pool. This data
can later be used to identify suspicious devices. In compliance with applicable
German data protection regulations, personal data is not transmitted or processed at
any time.
Even when analysing millions of transactions, it is still possible to carry out an
individual device assessment in real time thanks to the state-of-the-art technology
used in the software and the intelligent rule sets. The technology also provides
ongoing support to retailers with the detection of identity theft and hacking of
user accounts by fraudsters.