Forter, FreedomPay to establish fraud prevention-oriented network

Wednesday 28 October 2020 15:25 CET | News

Ecommerce fraud prevention company Forter has partnered with payment service provider FreedomPay to establish a network that allows merchants and banks to block fraud.

According to the press release, the partnership aims to address the issues pertaining to online merchants, credit card issuers, and banks that use different fraud prevention solutions. This inefficiency, combined with the influx of new online shoppers, increases the possibility of false declines, resulting in a negative customer experience and potential revenue loss.

In addition to its fraud prevention capabilities, Forter’s partnership with FreedomPay provides merchants with a global solution that meets regional and country specific compliance requirements, including 3DS and other SCA methods for PSD2.

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Keywords: Forter, FreedomPay, merchants, credit card issuers, banks, fraud prevention, 3DS, SCA, PSD2
Categories: Fraud & Financial Crime
Countries: World
This article is part of category

Fraud & Financial Crime

Industry Events