PORTLAND, Ore.--(BUSINESS WIRE)--iovation, the device reputation authority protecting online companies from fraud and abuse, today announced that Max Anhoury, vice president, will present online gaming fraud prevention strategies at the Caribbean Gaming Conference and Show, held in Santo Domingo, Dominican Republic.
The Caribbean Gaming Conference will be held at the Sans Souci Ports Convention Center on the 3rd and 4th of March. Hosting more than 1,000 sportsbooks and over 60 international casinos from Santo Domingo, Santiago, La Romana, Samana, Duarte, Puerto Plata, among others in the Caribbean Region, the conference is focused on gaming operators looking to expand and develop new avenues in the Caribbean and Latin America.
Mr. Anhoury will present during the online gaming feature on Thursday, March 3rd along with panelists from BMM Compliance and IGT. Anhoury will examine strategies for identifying high-risk transactions in order to prevent financial fraud, money laundering, fraudulent deposits, player collusion, bonus abuse and account takeover. Just last year more than 60 online betting, poker, sportsbook, bingo and casino clients reported and shared 350,000 fraud attempts through iovation’s ReputationManager 360 device reputation service.
iovation has a unique view of devices such as computers, tablets and mobile phones, that are used by online criminals to commit crimes and this unique perspective helps iovation’s clients identify and prevent fraud. What might typically look like one transaction to a single gaming site is often a coordinated attack across multiple sites. When a group of devices hits multiple sites, even across multiple industries, iovation can detect these attacks through velocity triggers and shared experiences across their customer base to alert the affected businesses and thwart the attacks.
Within iovation’s knowledge base of more than 500 million unique devices from every country in the world, a large majority of those devices have been used on gaming sites. For a recent gaming customer integration that does not accept any U.S. traffic, 45% of the new accounts created were from devices that iovation had seen before. 50% of those devices had over 6 months experience with iovation and 32% had a year or more. On average, iovation has experience with 50% of new traffic to any online site.
About the Presenter
Max Anhoury brings over 20 years of sales, marketing, and operational experience to iovation where, as vice president, he is responsible for helping online businesses reduce fraud losses, gain operational efficiencies and maximize consumer confidence. Max has worked closely with many of the world’s largest online gaming sites and their fraud teams to identify cyber criminals the moment they connect to their sites.
Session Details:
Panel: Online Fraud Prevention Strategies for iGaming
When: Thursday, March 3rd
Where: Sans Souci Ports Convention Center, Santo Domingo
Caribbean Gaming Show attendees can meet with iovation representatives at the exhibit hall in Booth #26 during the show.
About The Caribbean Gaming Show and Conference
The Caribbean Gaming Show and Conference is organized by C&GS Group as the third development for the Caribbean region. The inaugural show was Aruba, in March 2009, followed by the Dominican Republic in March 2010. And now, the international market is looking forward to the 2011 edition of Caribbean Gaming Show & Conference. The Dominican Republic opens its doors to the international gaming industry and will be our host in March 2011, along with more than 60 casinos, 1,000 sportsbooks, plus the increasing lottery industry and other services of the country and region. Visit http://www.caribbeangamingshow.com.
About iovation
iovation protects online businesses and their end users against fraud and abuse through an industry-leading combination of shared device reputation and real-time risk evaluation. 2,000 fraud managers around the globe leverage iovation’s database of Internet devices and relationships between them to determine the level of risk associated with any type of online transaction. Leading retail, financial services, social network, gaming and other companies make real-time queries to iovation’s knowledge base of 500 million devices from every country in the world. Every day, iovation protects more than 7 million transactions and stops over 150,000 fraud attempts. For more information, visit www.iovation.com.
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