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World Gaming Providing Foremost Fraud Detection Solution To The
Online Gaming Industry
HNC Software's eFalcon Implemented into eCommerce Engine to
Offer Customers Leading-edge Fraud Protection
St. John's, Antigua
June 27 2001
World Gaming plc (NASDAQ OTC: WGMGY), a global pioneer in
I-gaming technologies, announced today that it has completed
implementation of eFalcon, the leading real-time Internet fraud
detection solution from HNC Software Inc. (Nasdaq: HNCS). World
Gaming now offers its licensees and partners the most powerful
weapon against online credit card fraud available. The augmented
system is available to the more than 750 web sites powered by
World Gaming to offer gamers the industry's highest level of
fraud protection.
"We are committed to providing our customers with the best
possible solutions to limit risk and enhance profitability," said
Michael Aymong, CEO of World Gaming. "HNC worked with us to
implement a solution that would ensure safety and security for
the more than 500,000 players who wagered in excess of $2 billion
US through our licensees last year."
eFalcon is an intelligent Internet-credit fraud detection and
risk-management solution that lowers fraud losses and increases
revenue opportunity for online merchants and service providers.
The advanced solution uses sophisticated neural networks, scores,
and rules to distinguish between legitimate shoppers and
fraudulent purchasers. It provides strategy management and
customer service tools to help merchants save legitimate
transactions that appear risky, as well as set policies for
accepting and rejecting transactions. eFalcon is based on HNC's
Falcon payment card fraud detection technology, currently used to
protect more than 400 million payment card accounts worldwide.
"We're pleased to provide our leading Internet payment card fraud
detection solution to World Gaming, which is being proactive in
the battle against fraud and protecting its clients," said Walter
Lee, vice president of merchant solutions for HNC Software. "In
addition to the immediate fraud loss savings, World Gaming will
be able to offer their licensees cost savings through lower
chargeback fees, reduced fraud investigations, and the
elimination of unnecessary customer support services related to
fraudulent activities."
About World Gaming plc
World Gaming plc is a pioneer and leader in I-gaming software and
e-commerce technologies. World Gaming is an international
developer, licensor and provider of the industry's most
comprehensive offering of online gaming products, including
casino, sports book and pari-mutuel betting. For more
information, visit www.worldgaming.com.
About HNC Software Inc.
HNC Software is a leading provider of Customer Insight solutions
including intelligent response, decision management, and customer
analytics software that enables companies in the financial,
telecommunications, e-commerce and insurance industries to
acquire, manage and retain customers. For more information, visit www.hnc.com or contact Rob Jensen at (858) 799-8122.
World Gaming contacts
Media Relations: Investor Relations:
David Doze Réjane Wilson
Goodman Communications Inc. The Barnes Organization
416-924-9100, ext. 222 416-367-5000
mailto:[email protected] [email protected]
HNC Software contacts
Media Relations: Investor Relations:
Rob Jensen Heidi Flannery
HNC Software Fi.Comm
(858) 799-8122 (503) 844-8888 x111
[email protected] [email protected]
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: The statements contained herein which are not
historical fact are forward-looking statements that are subject
to risks and uncertainties that could cause actual results to
differ materially from those expressed in the forward-looking
statements, including, but not limited to, certain delays in
testing, evaluation and deployment of products, fraud occasioned
upon licensees of Starnet, regulation of the online gaming
industry, and other risks detailed from time to time in Starnet's
filings with the Securities & Exchange Commission. We assume no
responsibility for the accuracy and completeness of these
statements and are under no duty to update any of the
forward-looking statements contained herein to conform these
statements to actual results. This is not an offer to sell or a
solicitation of an offer to purchase any securities.
Online Gaming Industry
HNC Software's eFalcon Implemented into eCommerce Engine to
Offer Customers Leading-edge Fraud Protection
St. John's, Antigua
June 27 2001
World Gaming plc (NASDAQ OTC: WGMGY), a global pioneer in
I-gaming technologies, announced today that it has completed
implementation of eFalcon, the leading real-time Internet fraud
detection solution from HNC Software Inc. (Nasdaq: HNCS). World
Gaming now offers its licensees and partners the most powerful
weapon against online credit card fraud available. The augmented
system is available to the more than 750 web sites powered by
World Gaming to offer gamers the industry's highest level of
fraud protection.
"We are committed to providing our customers with the best
possible solutions to limit risk and enhance profitability," said
Michael Aymong, CEO of World Gaming. "HNC worked with us to
implement a solution that would ensure safety and security for
the more than 500,000 players who wagered in excess of $2 billion
US through our licensees last year."
eFalcon is an intelligent Internet-credit fraud detection and
risk-management solution that lowers fraud losses and increases
revenue opportunity for online merchants and service providers.
The advanced solution uses sophisticated neural networks, scores,
and rules to distinguish between legitimate shoppers and
fraudulent purchasers. It provides strategy management and
customer service tools to help merchants save legitimate
transactions that appear risky, as well as set policies for
accepting and rejecting transactions. eFalcon is based on HNC's
Falcon payment card fraud detection technology, currently used to
protect more than 400 million payment card accounts worldwide.
"We're pleased to provide our leading Internet payment card fraud
detection solution to World Gaming, which is being proactive in
the battle against fraud and protecting its clients," said Walter
Lee, vice president of merchant solutions for HNC Software. "In
addition to the immediate fraud loss savings, World Gaming will
be able to offer their licensees cost savings through lower
chargeback fees, reduced fraud investigations, and the
elimination of unnecessary customer support services related to
fraudulent activities."
About World Gaming plc
World Gaming plc is a pioneer and leader in I-gaming software and
e-commerce technologies. World Gaming is an international
developer, licensor and provider of the industry's most
comprehensive offering of online gaming products, including
casino, sports book and pari-mutuel betting. For more
information, visit www.worldgaming.com.
About HNC Software Inc.
HNC Software is a leading provider of Customer Insight solutions
including intelligent response, decision management, and customer
analytics software that enables companies in the financial,
telecommunications, e-commerce and insurance industries to
acquire, manage and retain customers. For more information, visit www.hnc.com or contact Rob Jensen at (858) 799-8122.
World Gaming contacts
Media Relations: Investor Relations:
David Doze Réjane Wilson
Goodman Communications Inc. The Barnes Organization
416-924-9100, ext. 222 416-367-5000
mailto:[email protected] [email protected]
HNC Software contacts
Media Relations: Investor Relations:
Rob Jensen Heidi Flannery
HNC Software Fi.Comm
(858) 799-8122 (503) 844-8888 x111
[email protected] [email protected]
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: The statements contained herein which are not
historical fact are forward-looking statements that are subject
to risks and uncertainties that could cause actual results to
differ materially from those expressed in the forward-looking
statements, including, but not limited to, certain delays in
testing, evaluation and deployment of products, fraud occasioned
upon licensees of Starnet, regulation of the online gaming
industry, and other risks detailed from time to time in Starnet's
filings with the Securities & Exchange Commission. We assume no
responsibility for the accuracy and completeness of these
statements and are under no duty to update any of the
forward-looking statements contained herein to conform these
statements to actual results. This is not an offer to sell or a
solicitation of an offer to purchase any securities.