4Stop, a provider for KYC, compliance and fraud prevention, has partnered with iovation, a TransUnion company.
iovation’s device intelligence technology has been integrated and is live and operational within the 4Stop KYC suite of data sources and anti-fraud services.
Device-based fraud detection allows businesses to leverage the power of device intelligence to understand the true DNA of a device and protect against fraud and abuse events such as identity theft, account takeovers, phishing and more. Their technology provides detailed data analysis on the device context; where the device is located, behaviour; what the device has been recently performing and the reputation; the history of fraud associated with the device.
4Stop said the partnership will allow businesses to manage their risk-based models from just a single integration with minimal to zero impact on their business operations. iovation’s device intelligence will enable clients of 4Stop to instantly activate in real-time this device intelligence feature and enhance their fraud prevention without an additional integration requirement.
“At iovation, we’re excited about our partnership with 4Stop. 4Stop is innovating to market differentiators, joint product offerings based on iovation’s device intelligence fraud prevention and consumer authentication solution,” said Ed Wu, VP of Global Partnerships at iovation. “Together we’re better at giving businesses the ability to prevent fraud while improving customer experience.”
Ontology, a new public blockchain project and a distributed trust collaboration platform, recently partnered with RegTech provider 4Stop.
The company said it picked 4Stop to perform KYC on the Ontology ecosystem, with the pair working together to provide digital identity services. Empowered by Ontology Distributed Ledger Technology, 4Stop is set to partake in Ontology’s trust system that integrates global certification sources to verify and authenticate people, assets, objects, and affairs.
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