Leading Bingo Company Joins With Ethoca to Combat Online Fraud
July 17, 2008 · Tagged: Bingo Operators, Online Bingo, Online Bingo Sites
Ethoca is a frontrunner in the combating of fraud in online operations today, they work hand in hand with law enforcement and forward thinking business people to make e-commerce more profitable and completely safe. What they have done is created the very first international “Collaborative Anti-Fraud Community”. Now a leading online bingo site has joined this community and Bingo.com is ready to set the pace for online bingo communities to follow.
Bingo.com operates in the very popular online business and players join from around the world to enjoy their games and chat rooms. The have more than 1,800,000 members and is a widely recognized source for playing online bingo.
Online bingo’s meteoric rise in popularity has been cause for much speculation in recent months. It is attracting more new players than ever before and fraud is also becoming of great concern. Obviously because of the immense popularity of the game, fraudsters are going to be seeing how they can tap into this. They are seeking to exploit vulnerable sites and this can leave both operators and customer feeling done in.
Ethoca provides a unique service that offers operators a way to learn from the fraud experience of other companies. Their collaboration with online bingo sites is going to go a long way to enhance the global momentum for collaborative fraud management.
I for one applaud this new partnership, I have very strong feelings about fraudulent online activities and anything that can be done to quell this is a good thing. Online bingo operators and customers work hard for their money, to see it taken away from them by tricky fraudsters is not my idea of fair play.
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