10 Ways to Reduce Credit Card Fraud for Internet Merchants

FLORIDA, October 19, 2005 – FraudLabs™ are delighted to announce new white paper on 10 Effective Measures to Reduce Credit Card Fraud for Internet Merchants, downloadable and viewable at web site http://www.fraudlabs.com . The white paper outlines the preventative measures that merchants can take in order to minimize credit card fraud. Webmasters and fraud prevention groups are welcome to share this white paper to public. The PDF version of the paper is available at http://www.fraudlabs.com/docs/FraudLabs_White_Paper.pdf .

FraudLabs™ develops, markets and supports the most up-to-date and advanced scoring system online for online credit card transactions. We combine over dozens of cross-checks FraudLabs service to reduce online credit card frauds. The services are meeting the needs of all businesses from today's small Internet business to the most advanced e-commerce sites.

FraudLabs™ provides highly accurate results to the customers. Every transaction goes through a strict assessment process which reviews over dozen aspects of online purchase parameters to determine risk level of orders. Supported by partners, IP2location (http://www.ip2location.com - geolocation service provider) and ZIPCodeWorld (http://www.zipcodeworld.com - postal code and area code database), have proven success in the industry for many years.

FraudLabs™ is flexible and designed to ensure that the web service is always available in real-time. FraudLabs™ web service is hosted on redundant servers, redundant Internet connections, and 24x7x365 monitoring. In addition to new presence on the web, FraudLabs™ web service is using platform independent XML format to exchange data between systems. All customers can integrate the web service regardless of their web server and shopping cart solutions.

FraudLabs seeks to create extraordinary fraud detection value for wide range of customers, such as internet retailer, online payment processor, custom software developer and shopping card providers. Free trial package is available to our customers.

About FraudLabs
Founded in 2004, FraudLabs has been actively involve in research to fight online credit card fraud. The flagship product, FraudLabs Fraud Detection Web Service, screens and detects online credit card fraud by applying checking to transaction pattern. FraudLabs's main headquarters is located in Penang, Malaysia, with regional sales office located in Florida, United States.

The company can be reached by fax at +1-941-240-2105, by email at press@fraudlabs.com, or on the Web at http://www.fraudlabs.com