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Online Casino News - September, 2008

Cryptologic Heightens Security With Ethoca Limited

 

 

  Seed Newsvine

by Devon Chappell, News Staff Writer

September 17, 2008

Cryptologic has long been known for the integrity and innovation of its Wager Logic online casino and poker room software platform. One of the pioneering software developers in the nineties (along with Microgaming), it was Cryptologic who introduced security protocols still used to this day by the Web's top online casinos.

Continuing their role as a leader in online gambling security, the Dublin-based software company recently announced a partnership with Ethoca Limited - a large global community equipped with an outstanding array of fraud prevention tools. In other words, Cryptologic is going to make it even safer to use a credit card or other payment solution at any of its online casino licensees.

The partnership is truly a win-win situation for all parties. Reduced fraud will not only help to save losses and better protect players, it will allow Cryptologic licensees to accept more valid player deposits. Considering Cryptologic's large playerbase, Ethoca's user community will become that much larger, stronger and more informed.

Online gambling is a multi-billion dollar industry. Expectedly, fraudsters are attracted to the chances of making a quick buck, as there are plenty of bucks floating around the gaming industry. A long list of rogue online casinos and casino blacklists is proof and precedent of this phenomenon. However, gambling at trustworthy destinations like Cryptologic powered online casinos (sorry U.S. players...this doesn't mean you for the time being), is a sure way to guarantee your safety.

Now, with Ethoca in the mix, the saying "there's safety in numbers" really holds true. I suppose you could say that Ethoca is in the business of "collaborative fraud management" applying to eCommerce and other remote services. Ethoca serves as a Union of sorts that protects and informs its members in an ethical and non-competitive manner. Members get to share their experiences using a particular remote payment system, ultimately serving to weed out the bad and highlight the good.



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