LOS ANGELES, Dec. 4, 2017 /PRNewswire/ -- GameMine Inc., a US-based mobile game publisher, is pleased to announce today it is acquiring anti-mobile billing fraud technology company, BlockFraud. Both companies share common investors which has resulted in GameMine becoming a significant investor in BlockFraud, as well as the largest user of the company's anti-fraud technology services.
As the largest user of BlockFraud's services, GameMine has experienced firsthand the benefits of this advanced anti-fraud technology, most-specifically its ability to eliminate several of today's most detrimental forms of mobile carrier-billing fraud throughout networks in which it is implemented.
"Because our company operates specifically in the mobile carrier billing space, GameMine has been able to directly benefit from BlockFraud's powerful ability to eliminate mobile billing fraud," says Daniel Starr, the Founder and CEO of GameMine. "Our utilization of this anti-fraud technology has yielded very impressive results and, as such, we wanted to go a step further and actually own the technology in order to further solidify the trust our international mobile network clients place in GameMine as the best mobile gaming option available."
"GameMine prides itself on providing a secure mobile gaming option for carriers around the world," says Michael Herman, the Chief Operating Officer of GameMine. "We understand the nuances of the mobile carrier space, as well as the unique fraudulent activity that occurs on mobile networks. By acquiring BlockFraud and its leading anti-mobile billing fraud technology, we're able to provide an impermeable layer of advanced security on top of whatever initial measures have been put in place by our mobile carrier partners."
By acquiring BlockFraud, GameMine is bringing industry-leading anti-fraud technology in-house and advancing its status among mobile carriers around the world as the most secure mobile gaming option available. This acquisition also further differentiates GameMine from its competitors as the top mobile game subscription provider in the world. Post-acquisition, all mobile carriers that partner with GameMine will be afforded full access to BlockFraud's anti-fraud services.
GameMine Inc. is a US-based mobile game publisher headquartered in Los Angeles, California. GameMine develops, licenses and acquires mobile games, then provides them to consumers in more than 135 countries through a subscription-based mobile game marketplace. Consisting of a global network of talented developers and gaming experts, multiple industry-leading mobile carrier partnerships and a presence on Google Play, GameMine provides a diverse variety of genre-based mobile gaming portals to satisfy a wide range of gaming interests.
GameMine Website: https://www.gamemine.com/
BlockFraud Inc. is a US-based technology company headquartered in Los Angeles, California, that provides digital anti-fraud solutions to mobile carriers around the world. BlockFraud's team of mobile billing experts and world-class developers have created proprietary software that eliminates today's most pervasive forms of mobile carrier billing fraud. BlockFraud also offers a unique Monitoring Solution that instantaneously alerts carriers to any unauthorized auto-subscribing and auto-billing attempts. For more information, please visit www.BlockFraud.com.
SOURCE GameMine Inc.