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IXOPAY and Fraud.net team up to fight fraud

Friday 20 January 2023 15:01 CET | News

Europe-based independent provider of payment orchestration solutions, IXOPAY has announced a strategic partnership with fraud and risk management provider Fraud.net. 

The partnership aims to offer international companies and white-label costumers easy access to a new SaaS payment platform, on top of a high-quality fraud prevention solution.

IXOPAY’s platform supports merchants in managing their entire transaction life cycle, so that customers from various verticals (including retail) can profit from a strong Software-as-a-Service (SaaS) solution that provides help throughout the entire payment process, as well as flexible checkout options, and a direct connection between merchants, acquirers, payment providers, and risk management providers through a single central API.

Better at detecting fraud

By partnering up, Fraud.net’s automated real-time fraud and risk management solutions will allow IXOPAY’s clients to easily detect up to 99.7% of all fraudulent attempts and fraudulent activities, making secure and cost-effective business decisions based on the constant monitoring of the systems. Moreover, the onboarding process will be quicker and available for customers across the globe.

Fraud.net’s proprietary anti-fraud solutions can be integrated in any stage of the payment cycle, delivering identity checks and transaction monitoring, including to safeguard against abuse and prevent costly fines. At the same time, IXOPAY offers a wide array of services, from intelligent transaction routing and tokenization, to vaulting, monitoring, reporting, and additional security features, helping customers with customisable solutions, based on their real-time needs.

As fraud in the digital payments sector is on the rise, no end-user, company, service provider, merchant, or ecommerce platform is safe. Deploying high-end anti-fraud and system monitoring solutions could help deter fraudsters in most cases, and this is why the partnership between IXOPAY and Fraud.net comes at the right time.

Europe-based independent provider of payment orchestration solutions, IXOPAY, has announced a strategic partnership with fraud and risk management provider Fraud.net.

 

About the companies

Part of the IXOLIT Group, IXOPAY was found in Austria more than two decades ago. It is a payments orchestration platform that enables independent, flexible, and global payment processing, with a highly scalable and PCI-DSS certified solution. IXOPAY meets clients’ needs and mainly activates in the field of PSPs, acquirers, and independent sales organisations (ISOs). 

At the same time, Fraud.nets platform takes advantage of its no-code/ low-code architecture, natively integrated data, and tools from over 50 risk management vendors and checks it across custom-tailored AI models to help companies stay safe and make smart, profitable decisions, without worrying about the cost of fraud.

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Keywords: partnership, fraud management, fraud detection, identity fraud, fraud prevention, SaaS, risk management, payment processing, payment processor, payments orchestration, API
Categories: Fraud & Financial Crime
Companies: Fraud.net, Ixopay
Countries: World
This article is part of category

Fraud & Financial Crime

Fraud.net

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Ixopay

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