iovation Co-Founder Appointed as MRC Board Advisor
Device Reputation Innovator Brings Practical Experience and
Commitment to Fighting Fraud
PORTLAND, Ore. (Business Wire EON/PRWEB ) March 22, 2007 --
iovation, the device reputation authority for online fraud management
and authentication, announced today that Jon Karl, co-founder and senior
vice president of business development, was appointed as a Merchant Risk
Council Board Advisor. In this position, Mr. Karl will work with online
merchants to address fraud and risk issues impacting the growth of the
online channel.
“The MRC is a well-established organization
that is fully committed to providing merchants with practical, best
practice approaches that mitigate the risk inherent in online
transactions,” Karl said. “In
this role, I plan to share our insight as a provider of solutions that
will help win the war.”
iovation pioneered the use of PC reputation technology for online fraud
management and multi-factor authentication. iovation Reputation Services®,
a Software as a Service (SaaS) family of solutions, links user accounts
with PCs and utilizes the reputation of those PCs to guard against
online fraud.
The Merchant Risk Council consists of more than 7,800 merchants,
vendors, financial institutions and law enforcement agencies. Founding
members of the MRC include Apple, Hewlett Packard and Expedia. MRC
subscribers share the common goal of protecting and encouraging the
thriving online commerce industry by establishing best practices for
cyber-fraud prevention. In addition, the MRC works with federal and
local law enforcement agencies such as the Federal Bureau of
Investigation, Secret Service, the U.S. Department of Justice and the
U.S. Postal Inspectors to help catch and prosecute cyber criminals.
“Jon brings a fresh new perspective to our
Board,” said Tom Donlea, executive director
for the Merchant Risk Council. “The MRC
community welcomes Jon’s practical experience
and commitment to fighting online fraud.”
Karl is an experienced entrepreneur who co-founded two companies. The
first company was an online solutions provider who helped its customers
manage significant fraud. iovation provides software solutions for
fighting fraud. As a thought leader and industry expert, Karl is a
sought-after speaker with more than 18 years of experience in the
financial services, marketing and software industries.
About iovation
iovation is the device reputation authority for secure online business.
The company provides proven strong authentication and anti-fraud
solutions that allow businesses to protect customers, reduce fraud and
meet compliance requirements online. The solution links physical devices
(PCs) and online accounts and can facilitate the sharing of device
reputations among subscribers. In production environments for more than
four years, iovation currently manages the reputation of millions of
devices, and protects more than 250 million transactions for customers
every year.
Legal Notice: All rights reserved. iovation is either a trademark or
registered trademark and the iovation logo is a service mark of
iovation. Other product or service names mentioned herein are the
trademarks of their respective owners.
See the original story at: http://eon.businesswire.com/releases/online/fraud/prweb513292.htm
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