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Merchant e-Solutions Secures The 41st Parameter to Thwart Online Fraud
New service offering to provide proven Internet Fraud Management solution to community banks and their merchants
Scottsdale, Ariz. – February 28, 2008 –The 41st Parameter, the leading provider of Internet Fraud Management Solutions, announced today that Merchant e-Solutions has selected its FraudNet enterprise solution to support business growth and respond to customer demand for a fraud prevention offering. The move creates a new service category for Merchant e-Solutions, allowing customers opting for the service to better anticipate and respond to fraud trends, and provide their fraud professionals with superior investigative capabilities.
"Partnering with the experienced team at The 41st Parameter allows us to offer merchants affordable access to the industry's leading fraud experts," said Jim Aviles, Chief Operating Officer for Merchant e-Solutions. "We chose to integrate FraudNet into our proprietary payment platform to enhance our online service offering, while providing our customers proven protection from Internet fraud.”
"Based on the changing dynamics and complexity of fraud, regional banks and their online merchants are at greater risk of exposure," said Ori Eisen, Founder and Chief Innovation Officer of The 41st Parameter. "We are pleased to partner with Merchant e-Solutions to help protect their customers without adversely impacting the overall user experience."
About Merchant e-Solutions
Merchant e-Solutions is an Internet-based payments processing company that was founded in 1999 to provide better technology solutions for the card payment acquiring industry for merchants as well as banks. Merchant e-Solutions currently processes more than $10.5 billion dollars in payments for more than 55,000 merchants. For more information, go to www.merchante-solutions.com.
About The 41st Parameter
As a leader in online fraud detection and prevention solutions, The 41st Parameter is instrumental in reducing online fraud for e-commerce and financial institutions through highly accurate anti-fraud capabilities. By continuously collecting new and unique parameters from end-user computers during online account access or order processing, The 41st Parameter’s patent-pending technologies enable forensic identification of PCs and online devices. Such accurate client device identification is proven to prevent online fraud while improving operational efficiencies, saving time, money and protecting legitimate customers. None of the company’s solutions require end-user registration, enrollment, downloads or installations. To find out how The 41st Parameter is making fraud history, visit www.the41.com or call 1.888.The.41st (1.888.843.4178).
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