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Business Wire - World Gaming plc, 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.

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 US$2 billion 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 also 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."

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