Bingo.com Joins Ethoca to Prevent Fraud
Ethoca is the leader in collaborative fraud management and they have announced that Bingo.com has joined their expanding community that is committed to fighting fraud.Bingo.com is one of the largest online bingo halls and new players are joining the online bingo site all the time and while this is great for Bingo.com it also increases the chances of fraud.
"We consider it critical to share information to progress," said Henry Bromley, CFO, of Bingo.com, Ltd. "Joining Ethoca's collaborative fraud management community is a logical step for our business to fight fraud and enhance profitability."
Collaborative Fraud management means that online retail to electric payments, gaming and global leader all work together in the collaborative fraud management community that Ethoca powers.
"We are excited to have Bingo.com join as a member of the anti-fraud community," said Andre Edelbrock, Ethoca's CEO. "With the growth in the online gaming community and increased customer-not-present transactions, Ethoca will help Bingo.com reduce the cost of fraud by leveraging the shared experiences of the community. Ethoca's collaborative fraud management enables Bingo.com to tackle the on-going problem of online fraud and drive company profits forward."
This community keeps the companies informed of decisions and enhances their profitability on thousands of transactions every day. Ethoca offers services that allows companies to benefit from the fraud that was experienced at other companies.
This experience helps companies like Bingo.com cut down of fraudulent accounts and deposits. They will have the information so they accept more of the right types of transactions, those that will increase revenue and decline the wrong ones so they can reduce loss and non payment
- 2008-07-14



