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September 17, 2008

Vinidicia to Provide Fraud Prevention to Multiverse

Vindicia announced yesterday that it would be providing payment management software to publishers Multiverse, Cryptic, FireSky, and Outspark. The companies will use Vindicia's billing and fraud prevention software for payment systems supporting subscription, single purchases, and microtransactions. A Multiverse spokesperson said that the company is integrating Vindicia's system into its platform and hopes to make it available in the next major release, sometime later this year, for developers to take advantage of for their own monetization plans.

"Online game publishers are at the forefront of one of the most dramatic shifts in entertainment -- a world where traditional commerce models fall short,"  Gene Hoffman, chairman and CEO of Vindicia, said in a statement. "As innovators like Cryptic, FireSky, Multiverse and Outspark continue to expand their own user communities, as well as their offerings, billing and fraud management solutions move from the tactical to the strategic. Vindicia's solutions were built from the ground up to support a wide variety of business models, allowing each publisher to adopt an infrastructure that is designed for them."

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