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Internet Fraudbuster launched

Fraudbuster, an internet fraud screening application has been launched by TrustMarque.


The company claim the system will reduce fraud risk on credit card purchases and e-commerce from 8 per cent to 1 per cent.


Every credit card transaction is validated by a financial institution and further analysed by Fraudbuster. Once an order has been validated by both systems an order is cleared for delivery.


TrustMarque chief executive officer John Williams says: “This fraud screening technology should be integral to any e-commerce strategy. If not, e-merchants are leaving the door wide open for internet fraudsters.”

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