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Going Safe with Ethoca

The internet has become an increasingly unsafe medium to process unsecured payments and buy goods and services – this goes for all sectors of the e-commerce industry from shopping to gambling at the online casinos. To combat the increased occurrences of fraudulent activity and malicious internet activity one of the giants in the software development industry, CryptoLogic, has announced a partnership deal with Ethoca Limited for community-based fraud management. The licensing agreement is with WagerLogic, a wholly owned subsidiary of CryptoLogic.

Although many online casinos themselves have contracted anti-fraud companies to not only protect the gambling companies but the players, using fraud-fighting technology at the software platform level will increase the effectiveness of the anti-fraud technology. Ethoca is one of the top international shared information community anti-fraud companies. Community based fraud prevention technology is the future of the industry and an increasing percentage of the online casinos and internet gambling companies have joined these networks as a way to work together to fight fraud within the gambling industry.

Ethoca’s technology allows any online casino or any company operating on the network to benefit from fraud attempts on any other company – the network allows collaborative fraud prevention. The online gambling companies benefit from the network by increased revenues in addition to the protection for players and there really is no price that a gambling can put on the safety of their players. Gamblers most definitely will choose an online gambling site based on the level of safety and protection when they are processing deposits and withdrawals.