SOURCE: INFORM GmbH

INFORM GmbH

February 26, 2015 12:30 ET

INFORM Wins Prestige MPE Award for Its Multi-Channel Fraud Prevention Solution

BERLIN, GERMANY--(Marketwired - Feb 26, 2015) - INFORM was announced as the Winner of the "Guiding Hand Data Security Award" at the highly recognized cards acquiring conference: Merchant Payments Ecosystem (MPE). These Awards want to bring a tribute to those solution providers who were instrumental in pushing the payment system beyond the next level and to those innovations, which were relevant to the success of acceptance business today and in the near future.

The data security award goes to the solution provider who has the best performing security system, as expressed by customer satisfaction, fraud prevention rates or security breaches.

INFORM won this Award for its innovating RiskShield solution.

"Fraud is the number one enemy in electronic commerce and mobile payments today, as fraudster in payments and cyber criminals stuck together changing their modus operandi...", says Leon Dhaene, Chairman of the Guiding Hand Awards. "The Jury appreciated the fact that INFORM brought together new techniques of detection, based on intelligent decision processes combined with their technology of dynamic profiling and patented Fuzzy logic software", Leon adds.

"We are very pleased to have won this award," says Dr. Andreas Meyer, Director Risk & Fraud Division at INFORM. "Our aim is to resolve contradiction through technology by providing the most flexible and powerful fraud prevention solution while retaining ease of use. With Riskshield we offer a solution that leads to faster counter measures to new fraud schemes while increasing the convenience for consumers and merchants. We are honored that the judges of MPE have recognized us with the Data Security Award 2015".

About INFORM GmbH

INFORM Software is the global leader in mitigating risk when conducting Internet and mobile banking by implementing intelligent, customer-centric fraud detection and prevention. With RiskShield we offer a self-learning fraud prevention solution that detects and manages suspicious activity based on known patterns in an account or with transaction activity within an institution, minimizing losses, optimizing efficiencies, and protecting customers from fraud. RiskShield provides a robust solution with superb fraud detection results that are reliable, fast and responsive for the largest payment and card services providers in the world, including First Data, Equens, SIA, ING and Rabobank. More than 1,000 companies worldwide benefit from using advanced optimization software systems by INFORM in industries such as transport logistics, airport resource management, production planning, payment & card fraud management and insurance claim optimization. INFORM employs over 550 staff from more than 30 countries.

Contact: For an interview with Dr. Andreas Meyer, Director Risk & Fraud at INFORM, please contact: Stanley Harmsen van der Vliet + 49 2408 9456 5000 | www.riskshield.com

Contact Information

  • Contact
    Stanley Harmsen vd Vliet
    Phone: +49 2408 9456 5000
    Facsimile: +49 2408 9456 5001
    Email: Email Contact