SOURCE: iovation

iovation

May 25, 2016 02:15 ET

iovation to Host European Gambling User Group in Malta for 2nd Consecutive Year

Gaming Operators to Share Strategies About How to Better Authenticate Customers While Providing a Frictionless User Experience

PORTLAND, OR and ST. JULIAN'S, MALTA--(Marketwired - May 25, 2016) - iovation, the provider of device intelligence for authentication and fraud prevention, today announced it will host a European Gambling User Group for the 2nd year in a row in Malta. The user group will once again take place at the Radisson Blu Resort in St. Julian's, Malta. This year the event will be expanded to two days, June 14 and 15. The European Gambling User Group provides a way for online casinos, poker sites, sportsbooks, gaming operators and platform providers in the region to collaborate in-person about fraud prevention challenges and ways to improve the online player experience.

"It's no longer just enough to stop fraud. You have to strike a fine line between putting up a wall and making transacting for good customers as seamless as possible," said Jessica Hård af Segerstad at Paf, an online gaming operator based in Finland. "iovation's European User Groups provide a perfect forum to network and at the same time trade best practices for how to authenticate online users."

iovation has protected more than 335 million transactions in the gambling industry in the past year. Those clients have contributed hundreds of thousands of fraud and abuse reports into iovation's global consortium in that same timeframe, making it easier for other companies to tap intelligence from their peers about the latest fraud schemes.

"Thanks to contributions from our clients, we know that the same amount of online gambling transactions come from mobile and non-mobile devices, and that 46 percent of those transactions originate from Windows devices and 28 percent from iOS," said Molly O'Hearn, vice president of operations and co-founder at iovation. "It's this type of intelligence that helps our clients know how they should be targeting their good customers, and we're looking forward to providing an in-person way for them to discover much more in Malta."

Bernard Casey -- who has spent three decades in gaming fraud prevention for companies like Ladbrokes and Sky Betting and Gaming -- will take the stage at the user group alongside iovation to discuss ways to balance fraud prevention and VIP offers. In addition, iovation will detail the latest transaction and fraud trends in the gambling industry and beyond, and provide attendees with its product roadmap including enhancements to its Customer Authentication solution. The company will also detail ways to maximize its virtual threat sharing network called the Fraud Force Community, how device intelligence was integral helping an iovation client stop a fraud ring and more.

The European Gambling User Group is available free of charge. For more details, go to iovation.com/news/events/malta-user-group.

About iovation
iovation protects online businesses and their end users against fraud and abuse, and identifies trustworthy customers through a combination of advanced device identification, shared device reputation, device-based authentication and real-time risk evaluation. More than 3,500 fraud managers representing global retail, financial services, insurance, social network, gaming and other companies leverage iovation's database of billions of Internet devices and the relationships between them to determine the level of risk associated with online transactions. The company's device reputation database is the world's largest, used to protect 15 million transactions and stop an average of 300,000 fraudulent activities every day. The world's foremost fraud experts share intelligence, cybercrime tips and online fraud prevention techniques in iovation's Fraud Force Community, an exclusive virtual crime-fighting network. For more information, visit iovation.com.

Contact Information

  • CONTACTS:
    iovation Inc.
    Connie Gougler
    503-943-6748
    Email Contact