SOURCE: ThreatMetrix

ThreatMetrix

August 31, 2010 06:00 ET

ThreatMetrix Opens European Data Center to Support Fast-Growing Global Customer Base

Expanded Investment in Europe Translates Into Unprecedented Reliability, Increased Performance, and Faster and More Accurate Fraud Screening

LOS ALTOS, CA--(Marketwire - 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 view a video on the ThreatMetrix Fraud Network, visit: http://threatmetrix.com/resource-center/videos-and-demos/introducing-the-threatmetrix-fraud-network/

To read a whitepaper on the ThreatMetrix Fraud Network, visit: http://info.threatmetrix.com/ThreatMetrix-fraud-network.html

About ThreatMetrix

ThreatMetrix (www.threatmetrix.com) helps companies stop web fraud and enable e-commerce in real-time so they can significantly reduce online fraud, acquire more customers faster, reduce costs, and increase customer satisfaction. The ThreatMetrix Fraud Network helps online businesses verify new accounts, authorize payments and transactions and authenticate user logins in real-time without relying on personally identifiable information (PII). ThreatMetrix profiles the device used in an online transaction so companies can determine whether the users are fraudsters or customers. ThreatMetrix device profiling goes beyond browser fingerprinting to identify the device, bypass proxies and detect the use of botnets. ThreatMetrix' simple and cost-effective SaaS approach to implementation enables companies to get results in hours or days, rather than weeks or months. The company serves a rapidly growing customer base in the U.S. and around the world across a variety of industries including social networks (dating, gaming), financial services, e-commerce, affiliate marketing and payments. For more information, visit www.threatmetrix.com or call 1-650-625-1451.

© 2010 ThreatMetrix. All rights reserved. ThreatMetrix and the ThreatMetrix logo are trademarks or registered trademarks of ThreatMetrix in the United States and other countries. All other brand, service or product names are trademarks or registered trademarks of their respective companies or owners.

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