I-AVS provides a solution to solve the fraudulent
use of stolen identities (IDs) on the Internet.
Fraudulent ID use includes the theft and use of
credit card information, online banking IDs
and passwords, as well as all other confidential
online identities, e.g. from eBay, Amazon,
Online Stock Trading, etc.
So how big a problem is online identity theft?
Ignoring for the moment, that not a day goes by
without an article on ID Theft appearing in national
newspapers, television and business journals,
consider the following facts:
In 2004 according to the U.S. Federal Trade
Commission, various forms of identity theft,
including online theft via phishing, etc., cost
U.S. businesses and consumers between $50
billion and $60 billion 1.
Americans are increasingly using credit
cards instead of cash. In 2003 US consumers
bought $2.2 trillion, yes, Trillion,
using credit cards. This is about 20% of the US
97% of people surveyed regard ID Theft as
a serious problem3.
Many resources are being dedicated to solving
this problem, in whole or in part. I-AVS is a
patented business service that prevents any
Internet use of stolen ID data to either
purchase goods, or to log onto a protected web site.
I-AVS uses technology and information that has
been available ever since the Internet was
commercialized. This information is collected by
Internet Service Providers, both dial-up and
broadband access, and provides irrefutable evidence
as to where the end user has physically
connected to the Internet. This known physical
connection is independent of the computer or other
devices that the end user is logging onto the
The Internet Address Verification System (I-AVS)
patent is currently available for licensing.
White Paper is available online that describes
the I-AVS patent in greater detail. A
PDF brochure is also available for downloading.
The I-AVS patent application is also available