Criminals also obtained the associated expiration dates, giving thieves the information they would need to make an online purchase on some e-commerce sites. E-retailers ...
Subuno Launches Cloud Based Fraud Detection Platform
Subuno provides an easy way for merchants with limited IT resources to leverage multiple fraud detection solutions.
New York, NY, October 5th, 2011 - Subuno, a provider of fraud detection services for online merchants announced the availability of its subscription based fraud screening SaaS platform to help small and medium size merchants fight online credit card fraud. Subuno provides an easy way for merchants with limited IT resources to leverage multiple fraud detection solutions. A multi-layered fraud screening approach can be easily implemented via a single rules dashboard.
As SMBs continue to grow their online presence, they often discover that fighting and managing credit card fraud and associated processes can be costly and time consuming. In order to create a comprehensive fraud screening system, merchants typically require multiple fraud detection solutions tied together by internally built rules engines. Considerable IT resources are required as fraud managers become increasingly more dependent on their IT staff for every change they want to make, even small tweaks, to their filters or access to new tools.
Subuno changes that by empowering fraud managers with the ability to to create and manage their filters easily in the cloud without writing a single line of code. “We want merchants to be able to focus more on their core business, “ said Edward Lin, co-founder of Subuno, “but still enjoy total control over exactly how they want to screen their orders.” In addition, through a single point of integration, merchants gain access to a variety of web based and integrated fraud detection solutions that can be used to automate fraud screening or speed up manual review. To see a full list of the features and services, please visit: http://www.subuno.com/features.html
“After many months of hard work, we are excited to unveil our platform to the general public,” Lin adds, “ and look forward to working with merchants and partners to address the issue of online credit card fraud.”
Subuno is a provider of a fraud screening software-as-a-service (SaaS) platform that allows merchants to leverage multiple fraud detection solutions and implement a multi-layered fraud screening approach. Without requiring technical knowledge, Subuno helps users easily automate their fraud screening flow and speed up the manual review process by bringing all the relevant fraud screening tools onto the same review dashboard.