July 30, 2014 11:22 PM ET

Internet Software and Services

Company Overview of The 41st Parameter, Inc.

Company Overview

The 41st Parameter, Inc. provides online fraud prevention solutions. The company operates FraudNet, a platform that protects businesses from online fraud before it happens. It offers FraudNet for Account Opening, a solution that analyzes new account opening, and determines the level of risk represented in establishing the account; FraudNet for Account Takeover, a fraud management application that is designed to provide early warning of account takeover activities; and FraudNet for Transactions, a rules-based risk engine that works on a fire-and-continue risk methodology to prevent fraud, and allows good transactions to process without delay. The company also provides DeviceInsight, a device ...

17851 North 85th Street

Suite 250

Scottsdale, AZ 85255

United States

Founded in 2004

Phone:

480-776-5500

Fax:

480-776-5504

Key Executives for The 41st Parameter, Inc.

Chief Executive Officer and Director
Age: 52
Founder
Chief Financial Officer
Chief Technology Officer
Vice President of Human Resources
Compensation as of Fiscal Year 2014.

The 41st Parameter, Inc. Key Developments

41st Parameter Expands Arizona Operations with New Office in Scottsdale

41st Parameter officially opened the doors this week to its new office, located at 16260 N. 71st St. in Scottsdale. The company also announced plans to increase head count around the world, with a special focus on hiring in the greater Phoenix area.

The 41st Parameter Inc. Appoints Kathleen Peters as Vice President of Business Development

The 41st Parameter Inc. announced appointment of Kathleen Peters as vice president of business development. Peters will spearhead the company's global customer acquisition efforts and the growth of its channel partner program. Prior to joining 41st Parameter Peters held senior sales and business development roles at Cellcrypt, PalmSource and PacketVideo. Peters, who has deep mobile experience, joins 41st Parameter as the company continues to focus on aggressively meeting the device recognition needs of the expanding global market. She will be supported in her efforts by an established team that includes Eli Katz and David Britton.

41st Parameter Enhances FraudNet Cyber Security Platform

41st Parameter, has announced enhancements to its FraudNet cyber security platform. The most impactful is scalability, which makes FraudNet the most reliable hosted solution available. Other key improvements include expanded device recognition technology and more robust reporting capabilities that further strengthen Experian's Web fraud detection and risk-based identity authentication capabilities. The three key enhancements made to FraudNet include: scalability; broader mobile capabilities; and improved reporting. FraudNet is now able to evaluate more than 20 million transactions per day, allowing immediate identification of potential threats without compromising transaction speeds. Leveraging DeviceInsight technology, FraudNet provides the industry's best mobile device recognition. FraudNet users now have access to detailed reports, giving fraud investigators unprecedented insights to fraudulent activities within accounts and across the organization.

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