Subuno Partners with TeleSign to Identify High-Risk Transactions and Recover Profitable Orders
Los Angeles and New York – March 20, 2012 TeleSign, a market leader in Internet fraud prevention and intelligent authentication, and Subuno, a fraud prevention SaaS platform that aggregates fraud screening data solutions, today announced a partnership to offer Telesign’s PhoneID within the Subuno platform.
Subuno’s fraud detection platform is geared towards small and medium sized merchants that want the flexibility and power of a full-featured solution without the big price tag.
TeleSign’s patented PhoneID provides detailed information about phone numbers anywhere in the world, including phone type and registration location information. Since there is higher risk of fraud associated with certain types of phone numbers used during ecommerce transactions, Subuno’s clients can create rules using information provided by PhoneID to detect suspicious numbers and flag potentially fraudulent orders.
Darren Berkovitz, co-founder and Vice President of TeleSign stated:For small and medium sized merchants, Subuno provides a great marketplace to access different fraud prevention technologies, including TeleSign’s patented PhoneID.”
Ed Lin, co-founder of Subuno, concurred. “This partnership will enable online SMBs to automate fraud prevention and significantly cut fraud based on phone numbers. Having TeleSign’s PhoneID in our lineup of anti-fraud solutions will help our clients identify untraceable telephone numbers and use the information tomake better decisions.”
Every second, of every day, TeleSign protects the Internet and Cloud against fraud with Intelligent Authentication. TeleSign services provide an easy-to-implement and powerful method for identifying and substantially reducing online fraud and spam using the most widely deployed technology available worldwide — a user’s phone. TeleSign serves organizations of all sizes including some of the world’s largest and most prominent web businesses. The company has executed more than one billion authentication and verification transactions in more than 200 countries and 87 languages.
In 2011, TeleSign ranked #15 on the Deloitte Technology Fast 500™ ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. For more information about TeleSign, visit www.telesign.com
Subuno is a provider of a fraud screening software-as-a-service (SaaS) platform that allows merchants to leverage and manage multiple fraud detection solutions and implement a multi-layered fraud screening approach. Without requiring technical knowledge, Subuno helps users easily automate their fraud screening flow and speed up the manual review process. For more information, visit www.subuno.com