Chandler, AZ (MAY 8, 2006) There is no doubting that Identity Theft is the fastest growing crime in the U.S. and Arizona has ranked first for the number of reported cases for the past three years. Always searching for new means to protect individuals from the crime, LifeLock CEO Todd Davis announced this afternoon that the nation's leader in preventing ID Theft has partnered with Mesa, Arizona-based TranSend International to provide additional strength to the "prevent ID theft" message consistently delivered by LifeLock.
"Identity theft is such a huge problem and sometimes you can't reach all the people you need too all by yourself," noted Davis. Partnering with TranSend makes perfect since their products promote the prevention of ID theft from computer-based fraud. To me, there is strength in numbers when spreading the message of prevention and we look forward to working side-by-side with TranSend.
Lifelock, based in Chandler, Arizona utilizes a proprietary system of "locks" on a consumer's identity, preventing others from using a client's identity. The service combines tactics that include locking-down information, setting and maintaining alerts, forcing banks to contact people directly before issuing credit and removing a client from pre-approved credit card lists.
LifeLock is the first Identify Theft Prevention Company in the U.S. and specializes in stopping the crime rather than reimbursement afterward. LifeLock takes the burden, fear and worry out of the consumers' hands. Lifelock is so confident in its system that it guarantees the effectiveness up to $1 million, which would cover any expenses and legal fees should a breach occur.
TranSend International is please to be partnering with LifeLock to further enhance our offerings to the consumer and commercial markets, added TranSend Eric Atencio, Executive Vice President for Sales & Marketing. The LifeLock system provides a further step in protecting our clients and their customers. In our opinion, LifeLock is the best available service in the market today.
TranSend International, Inc., is a world wide leader in "Turning Problems into Profits" for financial institutions. Its PocketServer and PocketServer Plus software applications are used to protect their customers against identity theft, phishing, and other forms of web based fraud. TranSend's CardTouch is a stored value clearinghouse platform.
PocketServer and PocketServer Plus, with a growing base of over 4 million users, provide a convenient and secure online experience coupled with Two-Factor Authentication. Financial institutions have reported a nearly 400% increase in profitability through additional web-based purchases and a 50% improvement in customer retention (Card Technology Magazine, 2/15/05). PocketServer is endorsed by the three leading card associations and is delivered on both EMV (Europay, MasterCard, Visa) smart cards and smart USB devices.
PortableME is the brand name under which TranSend sells PocketServer to the ISP (Internet Service Provider) and consumer markets.
CardTouch was developed in conjunction with 5 major financial institutions and certified by a Big Four Accounting Firm. For over 12 years CardTouch has been used for clearing and settling stored value transactions by financial institutions, universities, telecommunications and transportation authorities (approved for use by the U.S. Federal Transportation Administration).
For more information on both companies, go to www.LifeLock.com or http://www.TranSendinc.net/.
with the most advanced Identity Theft Protection system available!