Plimus Chooses 41 st Parameter for CNP Fraud Prevention

Sept. 27, 2010

Plimus, Inc., a provider of hosted solutions for e-businesses, said it has partnered with 41st Parameter to provide enhanced CNP fraud detection services for Plimus’ global customer base. Plimus, which services 55,000 online vendors and affiliates that sell digital goods and services, selected the FraudNet for Transactions solutions from 41st Parameter to augment the existing knowledge-based fraud systems Plimus already employs. “The continuing merger of commerce and content on the social Web and the evolution of e-commerce 3.0 are leading the need for more effective processes for preventing and detecting Internet fraud,” said Charles Born, vice president and head of marketing at Plimus. “We are pleased to be partnering with an innovative leader like 41st Parameter in protecting our customers and their product brands and making the Internet an even safer place to conduct business.”