Fraudio partners with LOQR

Tuesday 7 December 2021 10:40 CET | News

LOQR has teamed with Fraudio to tackle the elimination of payment fraud and money laundering for payment service providers, payment facilitators, and merchant acquirers.

This partnership aims to solve these companies' pain points with an end-to-end solution covering both the acquisition and setup of new merchants and the continuous monitoring of their merchant portfolio to reduce risk, operational costs, and losses from merchant-initiated fraud. The partnership will leverage and combine artificial intelligence (AI) with machine learning (ML) techniques from LOQR for the onboarding journey with those from Fraudio for fraud and money-laundering detection.

LOQR and Fraudio will automate the onboarding processes and reduce the risks of fraud while offering merchant-centric journeys in combination with real-time reporting.

To find more about Fraudio, check their profile in our Company Database.

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Keywords: partnership, fraud management, money laundering, merchant, artificial intelligence
Categories: Fraud & Financial Crime
Countries: Portugal
This article is part of category

Fraud & Financial Crime