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FraudCall Adds Speech Recognition.
2005-10-26, HostMan.biz VariLogiX (varilogix.com) announced late last week that it had added speech recognition to its telephone fraud verification service FraudCall. FraudCall, integrated into Web hosting billing solutions such as WHM Auto Pilot, ModernBill and SW-Soft's HSPComplete, enables online merchants to verify customer credit card numbers before they are processed. This helps merchants cut back on charge-back and processing fees incurred from fraudulent orders. "What we are offering is revolutionary in terms of price and scalability," says James Ryan, president of VariLogiX. "In our industry, fraud can make or break a company. Finally, we have a way to prevent it." VariLogiX says FraudCall reduces fraud by almost 100 percent and to date has prevented 35,000 fraudulent orders since its introduction in March 2004. |
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