41st Parameter, a provider of fraud detection and prevention solutions, has made significant enhancements to its FraudNet cyber-security platform.

One significant enhancement to FraudNet is scalability. FraudNet is now able to evaluate more than 20 million transactions per day, allowing immediate identification of potential threats without compromising transaction speeds

Other improvements include expanded device recognition technology and more robust reporting capabilities that further strengthen the Web fraud detection and risk-based identity authentication capabilities of Experian, a global information services company that has acquired 41st Parameter.

FraudNet users now have access to detailed reports, giving fraud investigators unprecedented insights to fraudulent activities within accounts and across the organization.