Adflex implements Signifyd's technology for security checks

Tuesday 7 September 2021 11:44 CET | News

Adflex has partnered with Signifyd to improve security checks and reduce fraud for its merchant customers via machine learning, AI, and velocity checks.

Adflex processes over seven million supply chain transactions a year for more than 4,000 businesses. It uses EMV 3-D Secure to offer authentication to its ecommerce customers and is now bringing additional fraud protection to its user base by integrating Signifyd’s machine-learning technology into its B2B payment offering via API.

Signifyd’s platform will enable Adflex to make use of machine learning and big data to automate online order flows and separate fraudulent and legitimate orders in real time. The integration will also perform velocity checks to instantly assess and identify irregular payment patterns that could indicate fraud. These checks are designed to monitor the pace at which buyers submit transactions, helping to identify and intercept fraudsters that seek to max out stolen card details.

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Keywords: B2B payments, ecommerce, partnership, fraud prevention, machine learning
Categories: Securing Transactions | Digital Identity, Security & Online Fraud
Countries: United Kingdom
This article is part of category

Securing Transactions