The Latest Shift: Zellman
Fraudnet, now Zelligent stops fraud.
In the past decade there has been a rumbling in the distance, deep beneath the
stockrooms of retailer's flagship stores. In the passing years these rumblings
have grown stronger; however it is not the sound of increasing foot traffic on
Black Friday, but the shifting of the shopping habits we all once knew. Very
soon we will see a full tectonic shift in the world of retail. As foot traffic
slows in brick and mortar shops, the world of eCommerce/mCommerce continues to
grow. This shift requires retailers to take control of their ecommerce
environments and the customer service that follows.
Another change on the horizon is the looming EMV mandate. Here we will see
in-store credit card fraud virtually disappear. The bad news is fraudsters will
gravitate to online retailers now. The ability to identify good customers from
fraudsters will be imperative. Online retailers with weak or no fraud protection
will be bombarded by fraudsters. The use of fraudulent credit cards will result
in chargebacks, financial loss and the loss of product to be sold to their
legitimate customer. If an online retailer chooses fraud protection that is too
severe and lacks flexibility, then they run the risk of losing sales to good
customers due to orders being declined.
The Zellman Group has felt this shift, and in mid 2013, announced our newest
division - eCommerce Fraud Solutions. This division's mission is to support
Omni-channel retailers with risk reduction in the Card Not Present environment
via our customized fraud detection and prevention tool, Zellman Fraudnet.
Zellman Fraudnet, now operating under the new trade name Zelligent
is powered by Kount, EMEA 2013 Payment Award winner for Anti-fraud/Security
Solution of the Year Award. Additionally in October 2014, Kount was recognized
again by the panel of payments industry experts for its leading fraud prevention
and security offering, the Emerging Payments Awards and was selected as the Best
Security/Anti-Fraud Program at their annual award ceremony.
What makes Zelligent different?
The technology behind Zelligent has 23 patented or patent pending applications
related to cutting-edge fraud prevention and detection technologies including:
device identification, proxy piercing, data collection, credential verification,
fraud scoring, payment fraud control, chargeback prevention and risk analysis.
Zelligent has the ability to compare all data sets for continuity against your
business and customer norms against their universe of client's information where
our competitors may not have the ability to link this data.
Additionally, Zelligent has the flexibility to support any payment method and
currency you choose, whether it is Bitcoin, Baht or Apple Pay.
Whether you're looking for a solution to monitor your transactions or to
outsource the entire process, Zelligent is an unparalleled and innovative
solution.
For more information please contact
sales@zellmangroup.com
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