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Ethoca Integrates its Alerts Technology into Anti-Fraud Solution Kount Complete

Ethoca Integrates its Alerts Technology into Anti-Fraud Solution Kount Complete

ethoca_homepage_May2016

Looking for a way to celebrate Victoria’s Day? How about a tip of the hat to Toronto-based collaboration technology specialist Ethoca which marked the occasion with news of the integration of its alerts into a fraud-detection platform, Kount Complete.

Describing the integration, Ethoca CMO Keith Briscoe said it would give the merchant customers of both Ethoca and Kount the resources they need to “take their fraud- and chargeback-fighting arsenal to the next level.” Combining Kount’s fraud tools with Ethoca’s fraud-notification technology into a single platform will give merchants a more streamlined experience, Brisco said, including better ability to block both related active orders that may have been fulfilled otherwise, as well as stop future fraudulent transactions.

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Pictured (left to right): Harry Corbett, sales director, and Helene Ladjadj, senior manager, issuer relations, EMEA, demonstrated Ethoca Alerts at FinovateSpring 2016.

Kount’s relationship with Ethoca extends back to the latter’s participation in Kount’s Fraud 360 Tour in 2016. Kount COO Rich Stuppy said that the Alerts integration will give Kount merchants more confidence and more protection. He sees the integration as effective “not just against confirmed fraud but against the effects of chargeback processing costs and recovering fraud losses (as well).”

Ethoca isn’t the only fintech Kount is making friends with these days. Kount also announced that the new Simplify Controls e-commerce transaction monitoring app from MasterCard features fraud-scoring functionality from Kount. Also BlueSnap released its Cleanse Report this week, a solution that helps analyze sales traffic behavior for merchants by combining payments data/consumer data from its Buy Platform with consumer data from Kount’s fraud engine.

And Ethoca has been teaming up with other innovators, as well. In March, the company announced a partnership with Pegasystems, giving card-issuing banks access to Ethoca’s Global Collaboration Network to speed resolution of customer service and fraud-related inquiries. And in February, Ethoca and TSYS forged an agreement to work together to combat CNP fraud.

Founded in 2005 and based in Toronto, Ontario, Canada, Ethoca has offices in Austin, Texas; London, France, and Dublin. The company demonstrated its alerts at FinovateSpring 2016 in London. Check out our Finovate Debut feature on the company from January.