San Jose, CA (PRWEB) October 08, 2015
ThreatMetrix®, The Digital Identity Company™, today announced the company’s continued strategic investment in global data center capacity to fuel rapid growth across Asia and to further penetrate the mobile, financial services and e-commerce markets. These investments will bolster the company’s expansion into China while supporting strict country and regional data residency requirements.
“We’ve seen more than 75 percent year-over-year growth and expect this to translate into our biggest holiday season ever,” said Phil Steffora, CSO and vice president of operations at ThreatMetrix. “As a result, we’ve made significant investments in people, processes and infrastructure to meet this demand. As a global company with data centers now on three continents, supporting some of the world’s leading businesses, we are well positioned to deliver real-time backup and failover capabilities and address region-specific data residency requirements.”
ThreatMetrix continues to expand its global data center footprint to proactively serve the demands of global marquis customers. According to Accenture and AliResearch, by 2020 global e-commerce is expected to grow to $3.5 trillion, of which $1 trillion will be driven by cross-border transactions. With 350 million e-commerce shoppers today, China is expected to account for 50 percent of global consumer digital sales and a proportional share of cross-border e-commerce demand, according to Forrester.
“We’ve seen significant growth in transactions through our network as consumers move seamlessly across devices to access products, services, and content,” said Steffora. “We anticipate especially strong growth in China as we onboard some of the world’s premier businesses. When it comes to cybercrime, a regional perspective is insufficient. ThreatMetrix delivers a true global perspective, enabling our customers to leverage global shared intelligence to authenticate their users’ true digital identities.”
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ThreatMetrix®, The Digital Identity Company™, is the market-leading cloud solution for authenticating digital personas and transactions on the Internet. Verifying more than 15 billion annual transactions supporting 15,000 websites and 4,000 customers globally through the ThreatMetrix® Digital Identity Network, ThreatMetrix secures businesses and end users against account takeover, payment fraud and fraudulent account registrations resulting from malware and data breaches. Key benefits include an improved customer experience, reduced friction, revenue gain, and lower fraud and operational costs. The ThreatMetrix solution is deployed across a variety of industries, including financial services, e-commerce, payments and lending, media, government, and insurance. For more information, visit http://www.threatmetrix.com or call 1-408-200-5755.
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