London, UK, 11 March 2008 - The 41st Parameter Inc. (www.the41.com), the leading provider of Internet Fraud Management Services and Technology for e-commerce and financial services, announced today that Merchant e-Solutions has selected its FraudNet enterprise solution to support business growth and respond to customer demand for a fraud prevention offering. The move creates a new service category for Merchant e-Solutions, allowing customers opting for the service to better anticipate and respond to fraud trends, and provide their fraud professionals with superior investigative capabilities.
"Partnering with the experienced team at The 41st Parameter allows us to offer merchants affordable access to the industry's leading fraud experts," said Jim Aviles, Chief Operating Officer for Merchant e-Solutions. "We chose to integrate FraudNet into our proprietary payment platform to enhance our online service offering, while providing our customers proven protection from Internet fraud."
"Based on the changing dynamics and complexity of fraud, regional banks and their online merchants are at greater risk of exposure," said Ori Eisen, Founder and Chief Innovation Officer of The 41st Parameter. "We are pleased to partner with Merchant e-Solutions to help protect their customers without adversely impacting the overall user experience."
About Merchant e-Solutions
Merchant e-Solutions is an Internet-based payments processing company that was founded in 1999 to provide better technology solutions for the card payment acquiring industry for merchants as well as banks. Merchant e-Solutions currently processes more than $10.5 billion dollars in payments for more than 55,000 merchants. For more information, go to www.merchante-solutions.com.
About The 41st Parameter
The 41st Parameter is the leader in Internet Fraud Management solutions, which detect and prevent online fraud for e-commerce companies and financial institutions. By continuously collecting new and unique parameters from end-user computers during online account access or order processing, The 41st Parameter's patent-pending technologies enable forensic identification of PCs and online devices. With the most accurate client device identification in the industry today, the company prevents online fraud and improves operational efficiencies, while saving time, money and protecting legitimate customers. None of The 41st Parameter's solutions require end-user registration, enrollment, downloads or installations. To find out how The 41st Parameter is making fraud history, visit www.the41.com
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