iovation

iovation, now part of TransUnion, is a cybersecurity company based in Portland, Oregon, with an additional office in London. Founded in 2004, it specializes in fraud prevention and authentication services, serving over 30,000 clients worldwide across various industries, including financial services, retail, insurance, gaming, telecommunications, and social networking. The company offers SaaS-based solutions designed to detect and prevent fraud in real time. Key products include FraudForce, a platform that uses global device reputation data to block fraudulent transactions; SureScore, a machine learning-driven risk-scoring system; and multi-factor authentication methods for secure user identity verification. Iovation's network processes 25 million transactions daily, blocking around 300,000 risky activities and maintaining a database of 5 billion devices. The company has protected 35 billion transactions to date and leverages insights from over 4,000 contributors to enhance its fraud detection capabilities.