Retail Decisions reports first-half rise in profits

Retail Decisions - a UK company specialising in credit card fraud prevention - has reported a 23 per cent increase in its first-half turnover.

The Woking-based company's software tracks purchasing frequency and uses pattern matching to identify variations in a cardholder's pattern of spending, which may imply fraud. Retail Decisions' clients include IPC Media and X.com, the US company which consolidates transactions from companies such as eBay. The company's profits increased from £5.9m to £7.2m.