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Accertify is Selected for Visionaries Quadrant in Leading Analyst Firm's Web Fraud Detection Study

Evaluation Based on Completeness of Vision and Ability to Execute


News provided by

Accertify Inc.

Feb 18, 2010, 06:05 ET

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CHICAGO, Feb. 18 /PRNewswire/ -- Accertify, a leading provider of transaction screening solutions, today announced that Gartner Inc. has named the company a Visionary in its new Magic Quadrant for Web Fraud Detection Report.

Accertify's positioning in the Visionaries quadrant is based on its completeness of vision and ability to execute.

"Enterprises should match their requirements to the unique set of differentiating technology that a vendor offers, and should align the vendor's vision for growth and product development with the enterprise's own expectations of future requirements," says Gartner analyst Avivah Litan in her Jan. 26 report. "Users must also look for vendors that devote sufficient company resources and attention to these applications; or else they will suffer from poor customer service and stagnant technology. Niche player and visionary vendors in this Magic Quadrant will often be the best choice, especially when it comes to customer service."

According to the report, "E-commerce companies, such as online retailers, are updating their Web Fraud Detection capabilities as they seek to improve on vendor-supplied or homegrown solutions."

Accertify's Interceptas software platform is proven effective in reducing risks associated with any transaction type through multiple channels. Interceptas supports detection of fraud, scams and policy abuse for payments, new accounts, existing account activities and other transactions that occur across the enterprise via web, call center, point of sale and mobile channels.

"We consider our positioning in the Visionaries quadrant by Gartner a confirmation of Accertify's comprehensive offering, innovative approach and commitment to customer service. Accertify is setting the industry standard for customer-focused solutions that dramatically reduce fraud and scams across the enterprise. Our solutions reduce the complexity and labor involved in fraud prevention and improve the customer experience through multiple channels," said Jeff Liesendahl, CEO of Accertify.

"While our rapidly growing client base includes industry-leading ecommerce brands in each vertical we serve, our goal is to continue to lead the market with new product innovation," Liesendahl said.

About the Magic Quadrant

The Magic Quadrant is copyrighted 2010 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Accertify

Accertify Inc. is a leader in providing e-commerce companies with software, tools and strategies for preventing online fraud and mitigating enterprise-wide risks. Our Interceptas platform integrates every component of fraud prevention, applies state-of-the-art automation to each step in process and offers advanced capabilities for managing fraud data. Built with a merchant's perspective, Interceptas delivers unparalleled flexibility in preventing various types of criminal behavior, including fraud related to card-not-present purchases, online scams and policy abuse, merchandise returns and exchanges and other data management challenges. Accertify is committed to providing online companies with the most cost-effective solution to fraud available. For more information, visit www.accertify.com.

SOURCE Accertify Inc.

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