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QIWI selects IRIS 5 to prevent fraud

Leading Russian kiosk, e-wallet and prepaid card provider deployed full fraud prevention system in record five weeksIRIS Analytics and its sales partner Wincor Nixdorf support QIWI, a leading Russian multichannel provider of next generation payment services, with the full fraud prevention system IRIS 5 in its fight against fraud. IRIS 5 is now protecting QIWI’s network of over 100,000 self-service kiosks and 15 million e-wallets. Sergey Soldatov, General Manager Banking of Wincor-Nixdorf Russia, IRIS Analytics’ sales and support partner in Russia, explains: “IRIS provides unique value to

IRIS fraud prevention solution wins MPE Award

The IRIS 5 fraud prevention solution from IRIS Analytics won the prestigious ‘Guiding Hand Data Security Award’ at Merchant Payment Ecosystem (MPE) 2014. The Data Security Award goes to the acquirer, the processor, the network services provider, the payment services provider, the payment scheme, the MNO or the solution provider, which has the best performing security system, as expressed by merchant satisfaction, fraud rates or security breaches. “Preventing fraud in all forms of electronic payment is our sole focus,” says Nikolaus Bayer, joint managing director of IRIS Analytics. “

New Iris Analytics Board appointment reflects rapid business growth

IRIS Analytics, a leading provider of technology and consultancy services to the payments industry to combat electronic payment fraud, has appointed Constantin von Altrock to the executive board as joint Managing Director alongside Nikolaus D. Bayer and Hanns-Michael Hepp. This appointment will help the company take best advantage of its continuing rapid growth. Nikolaus D. Bayer explained: “A growing business means more challenges and opportunities. Constantin has led our software development since 2008 and has been instrumental in designing and developing our latest generation software

PRESS RELEASE: Zoot and IRIS partnership makes enhanced fraud prevention available as ‘Software-as-a-Service’

IRIS Analytics, a leading provider of technology and consultancy services to the payments industry to combat electronic payment fraud, has partnered with Zoot, a global provider of advanced instant credit decisioning, risk management, loan origination and workflow management solutions, to provide Zoot’s customers with an IRIS “cloud” offering designed to prevent fraud in real-time. The IRIS real-time fraud and risk control solution provides customers with the ability to score more than 2,000 transactions per second with response times less than 5 milliseconds. Fully PA-DSS approved, it

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