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IdentityMind™ Protects Magento e-commerce Stores from Fraud

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Magento customers can start protecting their store in minutes, it is that simple

Palo Alto, CA (PRWEB) October 01, 2012

IdentityMind™, an on-demand anti fraud and risk management platform, today announced the release of the IdentityMind™ Magento™ Module. This module supports the Magento™ Community Edition e-commerce software solution.

IdentityMind’s Magento™ module enables merchants to protect their Magento online store from fraudsters. The module itself is free, and IdentityMind™ offers a very flexible pricing accommodating small and medium business as well as Enterprise customers. All IdentityMind™ features and its comprehensive set of partners are available to all merchants using Magento, regardless of their transaction volume.

“Magento™ is one the most popular online commerce solution. We are very excited about integrating our groundbreaking anti fraud and risk management platform and make it easily accessible and available to all Magento customers” said Garrett Gafke, President CEO. “Magento customers can start protecting their store in minutes, it is that simple”.

IdentityMind’s plug-in integrates real time anti fraud into the order processing flow. The anti fraud recommendation: accept, deny or manual review is part of the transaction flow, and merchants can use this to decision a transaction – all in real time and within the Magento order view context. Merchants also have access to IdentityMind’s analysis and reporting interface should they need more information or need to access on-demand third party services like identity verification, out of band authentication, phone and/or email verification.

“Fraud is affecting all online commerce, most online merchants are afraid of fraud, but either don’t know how to protect their business or are confused by vendors in the industry” said Jose Caldera, IdentityMind’s VP of Platform Management. “Protecting an online store from fraud is part of doing business. Online merchants need an integrated solution that addresses all aspects of fraud in the context of their order management”.

For more information please visit IdentityMind’s Magento integration resources.

About IdentityMind™

IdentityMind™ is an on-demand anti fraud and risk management platform. IdentityMind™ helps online merchants and Payment Service Providers (PSP) stop fraud while maximizing accepting good transactions and minimizing manual review costs. IdentityMind™ tracks Internet Identities based on its patent-pending IdentityMind eDNA™. Internet consumers are passively challenged by comparing the eDNA™ of the owner of the card to the eDNA™ observed at the time of the transaction. Identities are matched across devices, payment instruments, geolocations, etc. For more information, visit http://www.identitymind.com or email pr@identitymind.com

© 2012 IdentityMind. All rights reserved. IdentityMind, IdentityMind Platform, IdentityMind eDNA, and the IdentityMind logo are trademarks or registered trademarks of IdentityMind, Inc in the United States and other countries. All other brand, service or product names are trademarks or registered trademarks of their respective companies or owners.

Media Contacts: IdentityMind Email: pr(at)identitymind(dot)com

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