Kount, Vindicia Partner for Fraud Prevention

April 11, 2011

Kount Inc., an Idaho-based company that specializes in card-not-present (CNP) fraud prevention, and Vindicia, billing software provider, last week signed an agreement to provide fraud mitigation services and billing options to CNP merchants. “This new partnership with Kount allows us to offer an increased level of fraud protection to our clients across a wide variety of digital markets,” said Sanjay Sarathy, senior vice president of marketing for Vindicia. “It’s a natural complement to our service that will help enhance the profitability of our merchants and give their customers an added measure of confidence when making purchases online.” The companies said the partnership opens their products to new markets. “Partnering with innovative companies like Vindicia expands the availability of the Kount Complete solution,” said Jack Alton, vice president of sales for Kount. “We look forward to working with Vindicia to offer a joint solution that maximizes customer acquisition and retention while mitigating fraud risk.”