Security Assessment and Fraud Evaluation risk assessment tool targets fraudulent order placement for e-commerce websites and other "card not present" transactions
August 13, 2009
PRESS RELEASE
JEFFERSONVILLE, Ind., Aug. 6 /PRNewswire/ -- ACCENT InterMedia, LLC (www.accentintermedia.com), an industry leader in stored value and gift card program management, has released a risk assessment program to reduce fraudulent order placement for e-commerce websites and other "card not present" transactions. Branded as S.A.F.E., (Security Assessment and Fraud Evaluation), the tool has already proven to be a wise investment for multiple nationally recognized clients in the restaurant, retail, entertainment and travel industries.
Tim Clark, Chief Executive Officer of ACCENT InterMedia said, "The convenience and popularity of Internet shopping is growing." Clark continued, "Unfortunately, the cost for Internet merchants to provide e-commerce platforms is also growing due to lost revenue from fraudulent order placement."
Clark stated, "ACCENT InterMedia designed S.A.F.E. to aggressively fight online fraud through the compilation of industry leading fraud fighting technologies and a proprietary, internally developed order screening system that prevents fraudulent order placement."
With over $120M credit card transactions processed annually, ACCENT has reduced fraud to less than 1% for the numerous nationally recognized retailers it supports. The clients currently using the S.A.F.E. screening application have realized significant cost reduction in fraud related orders and operating expense, without affecting the processing speed of legitimate orders.
ACCENT InterMedia offers S.A.F.E. in several customizable variations including manual and automatic screening options, as well as robust, real time reporting.
ACCENT InterMedia is located in the ACCENT 300 Building, 300 Missouri Avenue, in Jeffersonville, IN.
About ACCENT InterMedia
ACCENT InterMedia, (www.accentintermedia.com), partners with world-class companies to develop, market, sell and support innovative stored value products and services. ACCENT delivers unique gift card concepts and marketing strategies that maximize client profitability, while adding value and convenience for the end consumer. Headquartered in Jeffersonville, Indiana, ACCENT provides full-service capabilities as a gift card issuer including Internet order processing and fulfillment. ACCENT InterMedia is located in the ACCENT 300 Building, 300 Missouri Avenue, in Jeffersonville, IN.
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