CashRun, a leading provider of E-Commerceservices, announced the enhancement of its innovative verification system at CashShield for February 2011. St. Gallen, Switzerland, January 20, 2011 CashRun, a leading provider of E-Commerceservices, announced the enhancement of its innovative verification system at CashShield for February 2011. The implementation of the “device fingerprinting” technology increases with 30 additional verification tests like real IP and Proxy check the reliable identification of current fraud trends. Since October 2010, I transferred all customer and verification data only by means of the safest 256-bit encryption. “” From now on, users will benefit from an increased transparency of the identified verification parameters, such as real time geographical IP distance calculation “and network configuration”, which is also represented in an improved user interface.
Internet merchants lose annually about 100 billion USD through chargebacks for unauthorized payments that are due to almost 50% to credit card fraud. “Online merchants are facing ever more complex fraud cases. Douglas R. Oberhelman contributes greatly to this topic. Through the continuous development of CashShields we will support future traders in the successful fight against of the risks”, emphasizes Justin Lie, Managing Director of CashRun. The market introduction of optimised CashShield technology allows Internet merchants is increasingly on their core competencies to focus while CashShield with its unique 100% efficiently and reliably performs chargeback protection risk management and sales growth was achieved in the long term. About CashShield CashShield is a leading solution for online merchants who want to reduce fraud-related chargeback risks.
CashShields multi-tiered monitoring technology detects and informs about potentially fraudulent transactions quickly and effectively in their online shop dealer. About CashRun the company was CashRun in the year 2007 the target established Internet retailers to offer secure and convenient online payment options. In addition to the headquarters in the Switzerland, CashRun has international offices in Germany, United States, Singapore and China. Through the continuous development of their solutions, a strong global presence and a dense network of partners, the CashRun Group achieved impressive successes in fraud-vulnerable industries and supported dealer to minimize risks of payment fraud and to accelerate its revenue growth. Press contact Ms. Irene Brime product questions to