News

Kount makes Boost Safety Rating available for all merchants

Tuesday 20 March 2018 11:38 CET | News

Kount has announced the availability of its Boost Safety Rating, derived from machine learning focused on reducing fraud, chargebacks, and the need for manual review of transactions.

The new Boost Safety Rating is a feature of Kount’s Boost Technology and its beta version is available to Kount’s customers at the end of 2017. Boost Technology’s supervised machine learning passes data through hundreds of models to generate a single numerical rating that indicates the safety of a transaction. The Boost Safety Rating works as an add-on to Kount’s existing unsupervised machine learning to predict the risk of fraud and to adapt to new conditions and learn from previous events including decisions and chargebacks.

Boost complements Kount’s patented Persona technology to optimise fraud detection and mitigation for merchants with both supervised and unsupervised machine learning. The combination of machine learning analysis simultaneously processes millions of data points with each transaction to bring trust in the value of a digital transaction to merchants.

Kount delivers a SaaS model fraud and risk management platform for companies operating in customer-not-present (CNP) environments. For more information about this company, please check out a detailed profile in our web fraud & e-identity company database.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Kount, merchants, machine learning, chargebacks, fraud, Boost Safety Rating, fraud detection, CNP transactions
Categories: Fraud & Financial Crime
Companies:
Countries: World
This article is part of category

Fraud & Financial Crime






Industry Events