ThreatMetrix and TeleSign Help Name.com Eliminate More Than $1.5 Million in Annual Online Fraud
ThreatMetrix and TeleSign Help Name.com Eliminate More Than $ 1.5 Million in Annual Online Fraud Los Angeles, and Los Altos, CA (PRWEB) August 30, 2011 ThreatMetrix™, the fastest growing provider of fraud prevention solutions that do not require personally identifiable information (PII), and TeleSign, a market leader in phone-based authentication and verification services, announced today that they have joined to deliver advanced online fraud prevention solutions for Name.com. TeleSign worked with Name.com to implement TeleSign Telephone Verification after Name.com also employed the ThreatMetrix™ Cloud-Based Fraud Prevention Platform. Together, the solutions have since eliminated more than $ 1.5 million in fraud losses annually for Name.com. In recent years, Name.com, an accredited domain registrar and web hosting company, experienced as much as 10-12% annual fraud rates. By employing the one-two punch of TeleSign and ThreatMetrix to flag suspicious orders and create audit trails
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