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Article: ID Insight Introduces Analytic Solution to Combat Online Retail Fraud, Cut Losses.
- Article from:
- Business Wire
- Article date:
- August 11, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Safe2Ship(SM) Lets Retailers Manage Bill-to/Ship-to Discrepancies
NORTHFIELD, Minn. -- An estimated $3.6 billion. That's the price online retailers paid in revenues lost due to fraud in 2007 -- a whopping 20 percent more than the prior year's losses. Along with the jump in fraud losses, the number of costly manual reviews is escalating, as well. Nearly one-third of online orders are held up because they are considered suspicious due to bill-to and ship-to address mismatches.
But the tide is turning -- online retailers now have a tool to effectively and efficiently slash fraud losses. New from identity-fraud risk-assessment company ID Insight, ...
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Article: ID Insight Expands National Sales Team.
Business Wire;
February 25, 2008 ;
700+ words
... ... Minnesota-based fraud-prevention company ID Insight, Inc., continues to grow rapidly in ... Johanns and Olson will be responsible for ID Insight's major accounts. Johanns and Olson ... years of national sales experience to ID Insight, a five-year-old provider of analytics ...
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