888, one of the largest online casinos in the world, is collaborating with fraud-management organization Ethoca Limited, which uses data from its partners to help them avoid fraudulent transactions.
Ethoca tracks information between companies processing remote transactions by Internet, phone, fax or mail. Ethoca will assist 888 to prevent online scams, by giving the company access to essential information and by sharing fraud experiences without compromising personal customer data.
"As fraud and other unwanted activity grow in size and sophistication, businesses need to stay ahead of the curve," said Ethoca CEO Andre Edelbrock in a press release. "Ethoca enables them to do that by sharing their fraud experience for mutual gain in a manner that safeguards their proprietary customer data at all times."
According to the press release, even though 888 already uses a state-of-the-art fraud prevention system, the agreement will increase the operator's global reach and operational capabilities.
"Taking care of our customers has been one of the cornerstones of 888's success and an area where we have set high standards in terms of responsible gaming and fraud prevention," said 888 CEO Gigi Levy. "The Ethoca membership allows us to be at the forefront of our industry by enhancing our high anti-fraud standards and reinforcing 888's position as one of the most responsible online gaming operators.
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