FIS links P2P payment services with IBM Safer Payments

Wednesday 27 November 2019 12:29 CET | News

Fintech company FIS has integrated the IBM Safer Payments solution with its P2P (person-to-person) services for US financial institutions.

The offering uses artificial intelligence and machine learning to monitor high volumes of P2P transactions and provide real-time detection and decisioning. 

Since integrating the IBM Safer Payments fraud detection solution, FIS has seen a significant reduction in attempted and completed fraudulent transactions as reported by its P2P payment services clients.

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Keywords: IBM, FIS, fintech, P2P payments, fraud prevention
Categories: Securing Transactions | Digital Identity, Security & Online Fraud
Countries: United States
This article is part of category

Securing Transactions