Ecommerce Platform incorporates fraud control module.

Press Release Summary:



Avangate® eCommerce platform comes with Fraud Detective 2.0, which helps protect against criminal attacks and identity theft on Internet. Fraud detection module also accelerates online order management and promotes purchases. This background application, based on observing and handling fraudsters' behavior patterns, continuously learns and improves its timing and accuracy. Learned fraud patterns are archived for future reference.



Original Press Release:



Avangate Develops Next Level in Fraud Control with Fraud Detective 2.0



Avangate BV, shareware registration service and e-commerce provider for online software sales, introduces a key upgrade with its proprietary fraud detection module, enabling faster order processing and superior end-user comfort. Fraud Detective, now reaching second edition, is part of the Avangate® solution and makes the later a very effective e-commerce platform to protect against criminal attacks and identity theft on the Internet.

Fraud Detective 2.0 makes a difference, being a reliable fraud detection module for e-commerce while speeding up the online order management and encouraging purchases. Based on Avangate team experience with observing and handling fraudsters' behavior patterns, the technology was developed with a keen eye on online sellers' commercial requirements. The result is an efficient background application that continuously learns and improves its timing and accuracy.

"Being a good fraud detective implies always being alert and open. Fraud Detective 2.0 was developed from the beginning as an intelligent module integrated within the Avangate® solution. Fraud patterns including specific order profile for each product are studied by the Avangate anti-fraud system, learned and archived for further reference", explains Cristian Badea, CIO Avangate B.V.

"We are happy to have created a true artificial brain that understands our clients' business, helps build customer trust and eventually boosts conversion rate", adds Cristian Badea.

Fraud Detective 2.0 is now standard on Avangate® solution and is a proof of how technology helps business grow. Better security and better customer care make better sales.

About Avangate B.V.
Avangate B.V. provides solutions for electronic software distribution and reseller management, assisting software companies worldwide in successfully selling their products online and at the same time efficiently managing a distribution network. The company's offer includes an eCommerce platform incorporating an easy to use and secure online payment system plus software marketing services and additional marketing and sales tools such as an affiliate network, automated cross selling options, software promotion management, real time reporting, 24/7 shopper support, and the myAvangate reseller management program specifically designed for software sales.

More information can be found on the corporate website, at www.avangate.com

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