London, UK (PRWEB) November 22, 2013
Kount has been recognized at the UK’s payments industry awards for its outstanding online payment fraud prevention work with client Jagex, the largest independent games developer and publisher in the UK.
Collecting the Anti-fraud Solution of the Year award on behalf of Kount, VP of Marketing, Don Bush commented, “Gaining European recognition for our world-leading, innovative fraud prevention solution Kount Complete at such prestigious awards is fantastic and a true demonstration of the success stories we’re adding to our portfolio globally."
“Jagex is a great example of where we've helped an organization to implement effective fraud prevention that reduces fraud rates and chargebacks and as a result improves customer experience and increases revenues. To gain industry recognition for our work with Jagex is a fantastic way to top off a highly successful year.”
In 2012 Jagex selected Kount to assist with the rapidly changing fraud landscape in online video games which was proving a drain on internal resources. Through the use of Kount Complete, the transaction rejection rate was reduced by more than 60%, which in turn led to significant on-going savings for Jagex thanks to less checkout abandonment and improved customer experience.
Dave Parrott, Jagex’s Payments and Fraud Operations Manager, said: “The Anti-Fraud strategy we’ve been able to build with Kount has given us amazing agility in managing risk, allowing us to evolve our e-commerce strategy and make the most out of our creative ideas.”
The FStech and Retail Systems Payments Awards recognize cards and payments excellence and technology innovation within EMEA. Kount and Jagex beat off tough competition from Barclaycard, Becharge/Ogone Payment Services, CaixaBank, ReD and WorldPay to win the award.
The winners were announced at a glittering black tie Awards Gala Dinner and Ceremony at London’s prestigious Millennium Hotel, Mayfair, London, on Thursday 14 November 2013, in an evening that brought together hundreds of industry professionals for a night of networking and celebration.
Kount helps businesses boost sales by reducing fraud. Our all-in-one, SaaS platform simplifies fraud detection and helps online businesses accept more orders. Kount’s turnkey fraud platform is easy-to-implement and easy-to-use. Kount’s proprietary technology has reviewed hundreds of millions of transactions and provides maximum protection for some of the world’s best-known brands. Merchants using Kount can accept more orders from more people in more places than ever before. For more information about Kount, please visit http://www.kount.com.