A Powerful Partnership

Chase Paymentech and Kount have joined forces to combat fraud and improve the reliability and security of card-not-present transactions. Chase Paymentech, a leading merchant acquirer and payment processor, and Kount will introduce a comprehensive suite of fraud detection, management, and prevention tools for merchants. This partnership, enabling the development of a new class of fraud management tools, demonstrates Chase Paymentech and Kount's commitment to combating fraud and improving overall transaction value for merchants.

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The Value to Merchants

The Three Primary Value Propositions for Merchants with the Integrated Solution Are:

1. Expenses associated with chargeback fees and fines will be reduced.
   With Kount's patented and comprehensive fraud intelligence technology integrated into Paymentech's fault tolerant payment processing infrastructure merchants are able to detect and reject a significantly higher number of potentially fraudulent orders.
2. Internal fraud operations will be significantly streamlined.
   Unlike solutions that are not integrated, this approach provides merchants with the ability to minimize the cost of integration and internal fraud management by providing scoring and transaction approval/denial via one authorization.
3. Efficiency for multi-channel merchants will be enhanced.
   The integrated solution enables multi-channel merchants to deploy one approach to fraud management and save time and funding associated with multiple solutions.

Chase Paymentech and Kount have been working together for two years to better detect fraud for top merchants. News is forthcoming on a launch date for the integrated solution and a sales and distribution plan.