Kount launches new solution to stop fraud at payment processor level

US-based firm Kount has launched Kount Central, a new service to combat fraud at the payment processor level.

Kount, a US-based fraud and risk management technology firm, has launched Kount Central, a new service to combat fraud at the payment processor level.

Kount Central is designed to integrate with online payment processors such as acquirers, payment service providers, hosted pay pages and payment gateways, enabling each to help all their merchants reduce the negative effects of fraud.

The new solution requires only a single integration with the payment processor, easing the technology implementation process considerably for merchants.

Kount said that its Kount Central can then be implemented in any or all of three main models: Kount Central Enterprise, Kount Central Fraud Manager and Kount Central Portfolio Manager.

Kount Central Enterprise enables processors to add value and increase the retention of their largest and highest volume customers. It offers a direct link into Kount’s comprehensive platform of tools and analytics. This level of Kount Central is a direct response to processors looking for ways to add value and step away from the price compression for these merchants.

Kount Central Fraud Manager allows processors to develop their own custom dashboard interface for their merchants, with the capability to set fraud and risk parameters for their individual business. This interface, powered by Kount Central, is easy to use and understand. Like all Kount products it does not require dedicated fraud or IT managers to operate.

Kount Central Portfolio Manager places a blanket of protection over all transactions conducted by any given payment processor, providing them with an accurate and comprehensive picture of where risk is within their merchant/customer base. Kount Central also strengthens internal reporting capabilities, revealing deeper insight into fraud and risk associated with individual merchants they service. Kount Central Portfolio Manager also helps payment processors that want to provide the added value of fraud protection to their entire merchant portfolio.