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Category: Iovation

iovation Expands Its Executive Team

Posted on February 27, 2008

Iovationlogo
BUSINESS WIRE — Feb 27 — iovation, the device reputation authority
for the Internet, announced two new executive appointments. Chris Reid
and Emmett Zahn have joined iovation as VP Sales and VP Technology.
Iovation’s innovative technology helps online companies stop tens of
thousands of fraudulent transactions each day, while protecting the
privacy and anonymity of their customers. FULL ARTICLE @ BUSINESS WIRE

Mark Brooks: iovation is a client of Courtland Brooks, and a client in very good standing. This company, and the people at this company have been nothing but totally professional, always follow through, and with the full weight of whatever reputation I’ve built since starting OPW, I can’t recommend them highly enough. I guess that’s why Intel saw fit to pitch $10 million in their direction
recently.

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iovation Helps Stop 10,000 Frauds Per Day

Posted on February 18, 2008
Iovationlogo
BUSINESS WIRE — Feb 13 — iovation, the
device reputation authority for the Internet, is currently helping its
online customers stop more than 10,000 fraudulent activities per day
using its device-based fraud management solution. The company expects
that number to nearly double by the end of 2008. Using patented
technology, iovation’s ReputationManager™ fraud management service
uniquely identifies devices that have been used for fraud and abuse. FULL ARTICLE @ BUSINESS WIRE

Mark Brooks: iovation offers a device
identification platform and a means to share the reputation of those
‘devices’ industry wide.  I’ve worked with iovation to help them sign
up an initial batch of dating sites that are now feeding the iovation
system. iovation recently raised $10 million from Intel Capital. (Full Disclosure: iovation is a client of Courtland Brooks)

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The Hottest Trends In Online Dating

Posted on February 10, 2008

Mark NETWORK WORLD — Feb 7 — No one knows online dating better than Mark Brooks, editor of OnlinePersonalsWatch.com. Brooks is a modern-day Cyrano — he's a consultant to many of the Web's largest online dating sites as well as traditional matchmaking services. Network World interviewed Brooks about the hottest trends in online dating.

Q:How many online dating services are there?
MB: Hitwise has estimated there are 800-plus. I think that's about right for the U.S. A lot of them are affiliate sites that are driving traffic to the main dating sites.

Q: How has online dating affected traditional matchmaking services?
MB: Internet dating has warmed an entire generation of users to the prospect of getting help in dating and paying for that help.

Q: What new technologies are you are seeing in online dating?
MB: One of the biggest innovations is avatar-based instant messaging. One site that's pioneering the use of avatars is OmniDate.com. Another emerging technology is iovation, which helps online dating sites battle fraud. With iovation's Reputation Manager, one dating site can flag a person as abusive and throw them out and then let other sites in the online dating community know about it.

Q: How has online dating technology changed in recent years?
MB: Actually, online dating is in about the same place that it has been in for the last three years. One of the things I'd like to see is more technology being applied to personality profiling. In this area there are four companies worth mentioning: Perfectmatch.com; eHarmony.com; Chemistry.com; and True.com.

Q: Have social networkings like Facebook and MySpace cut into online dating traffic?
MB: The numbers show that less people are coming to Internet dating sites. According to ComScore the number of people who came to Internet dating sites in December 2007 was down 10% over the prior year. But I don't think it's the end of online dating. I think the lookilous have gone away.

Q:What are the hottest trends in online dating?
MB: One is the rise in Baby Boomers and also rise of free dating sites, such as Plentyoffish.com, DateHookup.com, OkCupid.com, Matchdoctor.com, Bookofmatches.com, Smooch.com and CrazyBlindDate.com.

Q: What do you see as the future of online dating?
MB: It's difficult to enter the market and be a large generic dating site at this stage. The only thing you can build today is a niche dating site, and even niches are hard to build. That's why we're seeing the rise of a bunch of companies that offer white-label dating services. One of these companies is Whitelabeldating.com.

Full article @ NetworkWorld

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iovation Provides Safer Environment for iDating Community

Posted on January 22, 2008

Iovation_mobeze_loga AD-HOC NEWS — Jan 22 — Mobeze, online dating community, has implemented iovation's ReputationManager service to help reduce fraud and abuse for its San Diego-based online dating Web site. Using patented device-based technology, iovation's ReputationManagerTM service allows Mobeze to screen Internet-based devices at any point of customer interaction, from registration to sign-on, while protecting the identity and privacy of their customers.

The full article was originally published at AdHoc News, but is no longer available.

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Iovation Founder To Speak At iDate

Posted on January 22, 2008

Iovationlogo_2 PR WEB — Jan 22 –  iovation co-founder and vice president, Jon Karl, will be part of a panel that will educate attendees on how sharing critical information is playing a key role in helping online dating sites combat fraud and abuse in the discussion, "Combating Fraud in Internet Dating". Topics of discussion will include: How to improve your ability to spot scammers, spammers and predators hiding behind multiple identities, what tools are available to stop known fraudsters, how combining forces and sharing information is a winning strategy in combating online fraud and abuse.

The full article was originally published at eMedia Wire, but is no longer available.

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iovation Awarded Patent For Network Security And Fraud Detection Technology

Posted on December 9, 2007

Iovation PRESS RELEASE — Dec 4 — iovation, the device reputation authority for the Internet, has been awarded a patent by the U.S. Patent and TrademarkOffice (USPTO) entitled Network Security and Fraud Detection System and Method, U.S. Patent No. 7,272,728.  iovation manages the reputation of millions of Internet-enabled devices worldwide, allowing its customers to control online fraud and abuse while benefiting from sharing device reputation intelligence. 

The full article was originally published at iovation website, but is no longer available.

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Iovation Gets $10 Million Intel Investment

Posted on November 13, 2007

Iovation
PRESS RELEASE — Nov 13 — Intel Capital announced a $10 million investment in iovation, a company which provides online security and fraud protection services to internet dating companies, amongst others. iovation's real-time service prevents click fraud, identity theft, phishing, and charge-backs, as well as abuses such as child predation. The company, which gets 450 million reputation inquiries each year, has customers in social networking, financial services and e-commerce. Intel's investment will be used to accelerate the development of next-generation fraud and abuse management solutions, broaden the company's intellectual property and propel the evolution of online trust. FULL ARTICLE @ BIZ JOURNALS

Mark Brooks: (Disclosure: iovation is a client of Courtland Brooks). There are two sides to what iovation does.  Firstly they id devices (computers). Secondly they allow dating sites and SNS to share the 'reputation' of those  devices in one network. Intels round of funding is a huge vote of confidence in iovation's technology. iovation has several clients in the dating space…and counting.

This post also appears on SocialNetworkingWatch.

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Net Scams Not Slowing Down

Posted on November 2, 2007

DatingscammersFORBES — Nov 1 — Consumers reported that they handed over $1.1 billion to scammers in 2006 according to the FTC, up from $570 million in 2004. Worse, the FTC estimates only 10% of fraud victims actually report.  The most prevalent is general merchandise fraud (goods not delivered) followed by auction fraud and then by fake-check scams. (A victim is sent a very real looking cashier's check that bounces a week later.)  Another scam, Love Schemes, takes advantage of lonely people on dating sites. Finally there is phishing and the new vishing, a phone version of phishing where the victim is instructed to call a phone number and give personal information to someone representing themselves as a familiar company.

Mark Brooks: iovation (my client) allows subscribing internet dating and SNS sites to identify devices and share information about the reputation of those devices… and catch scammers at the gate.

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Moses Brown, OnlineBootyCall CEO – Interview

Posted on August 25, 2007

MosesOPW INTERVIEW — Aug 26, 2007 — Moses Brown is proud Online Booty Call has only had one marriage confirmed on his site.  Check out the press release they released announcing the fact. While most of the industry is attracting people for love, marriage and romance, OBC promises a booty call. The message is refreshing for many who frequent OBC, it's to the point, and fun. Moses announced 10 commandments of dating back in January. I. Thou shalt get out before the sun rises, II. Thou shouldest never ask "can we see each other from now on?", III. Thou shalt refrain from referring to our activities as "love making."  You get the picture. OBC is doing rather well, and was #13 on the Hitwise internet dating rankings for July. Here's my interview with Mo. – Mark Brooks

What is OnlineBootyCall’s founding story?
OBC’s founding story didn’t involve any market research or strategy. It was just a project I was doing while I was an engineer. Then, the dot.com disaster struck and I found myself without a job. So, around October of 2002, I turned my project into a business.

I think the name alone generated attention. I was the first member and, of course, told all my friends about it and from there word just got around. I don’t think people had ever seen something like it before. We introduced a referral program and the concept just continued to grow from there. It’s a kind of grassroots story.

When did you start charging?
On day one. I had heard stories that you had to reach a critical mass to get members to the point of wanting to upgrade. But after only about 40 members, I got my first conversion. Back then, the pricing was a little different. Not much more actually then it is now, but it was like $7.95 a month.

How would you say OBC is different from other dating sites?
It’s different in the approach. We approach dating in a light-hearted fashion. Obviously, the name implies more of a stage-one service for people who are just entering the dating scene. The culture on OBC also is a little different from most mainstream sites. We have more of an urban, hip-hop crowd. We embrace that, we like it, we like being different. I’m sure some of our users are on other dating sites, but we attract 18-24 year olds and I think for a lot of them OnlineBootyCall is their introduction to dating.

How many marriages have you had so far?
A grand total of one. In October 2006, we reached one million members and had only one confirmed marriage then. I’m proud to say that our members are following our Booty Call commandments. It’s not like we discourage people from getting married. It’s just that most of the people on OBC are in a place in their lives where they’re not ready to get married, but still want to meet others. I had someone ask me, “You have one confirmed marriage, but how many divorces have you caused?”

How do you handle scamming?
Scamming is a tough one. I think the kind of scammers we’re getting range from people who want to peddle prostitution to Nigerian scammers. We’re pretty much experiencing what I think the rest of the industry is experiencing. Unfortunately, as you become more popular on the Internet, you’re naturally going to become more of a target for people, like hackers and scammers, who want to harm your site. I don’t know if the percentage of scammers has increased, but there definitely are more people making attempts and we’re consequently stepping up our efforts to stop them.

We were actually introduced to a new product (I think it’s by Iovation) that actually produces a fingerprint for every user who visits your site. We did a test run and were able to track down people who were creating multiple accounts and joining for the wrong reasons. So, it’s been pretty effective actually. We also have a sniffer program in place. Every profile that is created is reviewed. We have a support team that takes action when a report is flagged from inside a message a member receives. Finally, we try to educate our members about what to look for as far as scamming goes. We all have to share our information. The only way the online dating and social networking industries can beat the scammers is by sharing.

Have you considered offering a mobile OBC?
Yeah, we’re very interested in that. We were about to launch mobile a couple of months ago and got interrupted by another project. I just got back from a mobile social networking conference (the best one so far) and was just taking a look at which approach would be the best one for OBC.

Where do you see OBC in a year and a half?
We hope to reach a broader audience and also grow considerably internationally. We reach users in the U.K., Canada, and Australia, but haven’t really spent time developing those contacts yet. That’s our next focus. That’s where we see the next wave of growth.

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iovation’s ReputationManager – Kick Some Scammer Ass!

Posted on June 4, 2007

IovationBUSINESS WIRE — June 5 — iovation, the device reputation authority for the Internet, announced the latest release of ReputationManager, the fraud and abusive behavior management solution which uniquely identifies devices and utilizes the reputation of those devices to guard against online fraud and abuse without impacting users’ experiences or collecting personal information. The new release offers:

  • Enhanced Device Identification – Without requiring software downloads, ReputationShield(TM) combines device parameters and pattern matching.
  • Real-Time Decisioning – Subscribers can, in real-time, query the reputation of a device using the most relevant evidence.
  • Expanded IP Geolocation Data – For forensic analysis and/or real-time risk-based decisioning.
  • Enhanced Reports & Decision Support – Redesigned screens, instant snapshots, and intuitive visual indicators to reduce analysis time.
    FULL ARTICLE @ BUSINESS WIRE

Mark Brooks: iovation is targeting the online dating market right now, and looking for clients. I’m helping them. (iovation already has a database of millions of devices, from the gaming and finance industries). The online dating industry is getting a bad rap from scammers. iovation can help by allowing the industry to share scammer device i.d. and behavioral info among us. The industry needs to unite on one front on this issue.

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