PORTLAND, OR--(Marketwired - Feb 26, 2014) - iovation, stopping Internet fraud and identifying good online customers by leveraging the world's largest device reputation database, today announced it has been named a bronze winner in the best overall security company of the year category for Info Security Products Guide's 10th Annual 2014 Global Excellence Awards. These awards recognize security and IT vendors with advanced, ground-breaking products and solutions that are helping set the bar higher for others in all areas of security and technologies. This is the fourth year in a row that Info Security Products Guide has recognized iovation in the Global Excellence Awards.
"This award comes at an exciting time for iovation, as we've witnessed unprecedented growth in just the past year," said Scott Waddell, iovation's Chief Technology Officer. "Since this time last year, we've secured enormous strategic partnerships, and introduced new offerings that not only prevent fraud but also improve the end customers' experience. This recognition validates our commitment to our customers and the value of our flagship fraud-fighting service, ReputationManager 360."
In 2013, iovation announced seven new partnerships with industry leaders like Fiserv, Inc., Equifax Inc. and ID Analytics, Inc. These relationships contributed to iovation growing its revenue 25 percent over the past year. In 2013, the company also made numerous enhancements to ReputationManager 360 and launched a brand new product with TrustScore, which helps companies use device reputation intelligence to predict whether a customer will be good, reducing operational expense and improving the online experience for trustworthy customers.
Info Security Products Guide formally recognized iovation during its annual awards dinner and presentation on Feb. 24, 2014, in San Francisco, Calif. A complete list of current and previous winners can be found here.
About iovation
iovation protects online businesses and their end users against fraud and abuse through a combination of advanced device identification, shared device reputation and real-time risk evaluation. More than 2,300 fraud managers representing global retail, financial services, insurance, social network, gaming and other companies leverage iovation's database of Internet devices and the relationships between them to determine the level of risk associated with online transactions. The company's device reputation database is the world's largest, used to protect more than 10 million transactions and stop an average of 200,000 fraudulent activities every day. The world's foremost fraud experts share intelligence, cybercrime tips and online fraud prevention techniques in iovation's Fraud Force Community, an exclusive virtual crime-fighting network. For more information, visit www.iovation.com.
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CONTACTS:
iovation Inc.
Connie Gougler
503-943-6748
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