Kount Receives Patent for Device Fingerprinting
BOISE, Idaho- (Sept. 24, 2008 AllPayNews.com) — Kount Inc., a leading provider of fraud control for ecommerce merchants, today announced that the company has received a US patent for its device fingerprinting technology.
Kount officials say patent number 7,330,871 “Online Machine Data Collection and Archiving Process,” describes a method for identifying a customer computer involved in an online transaction via a merchant website.
“An important step in combating fraud is accurate identification of computers that customers are using to make transactions, and associating such identities with transactions that arouse suspicions or which ultimately turn out to be fraudulent,” said Steven W. Rouse, Kount’s Chief Operating Officer.
Kount’s patented technology provides methods for collecting numerous parameters from the customer computer, and assembling them into a device fingerprint for use in fraud detection.
“Kount’s ability to collect key machine parameters and create device fingerprints is vital to the ongoing battle against online fraud,” said Rouse, “and one of many technologies we have developed over the years to protect ecommerce merchants from fraud.”
Kount® is the most advanced fraud-fighting technology available today. Developed by Keynetics with online and catalog merchant needs in mind, Kount defends against both traditional and emerging fraud threats. Kount defends against botnets and other organized crime using a formidable array of tools including Dynamic Scoring™, device fingerprinting, proxy-piercing geolocation techniques, and real-time data streams from websites all across the globe. We provide merchants with maximum risk management control and flexibility, while automating costly manual review processes to improve the bottom line. For more information about Kount, please visit www.kount.com.