Worldpay launches omnichannel fraud prevention solution

Wednesday 1 May 2019 08:51 CET | News

Worldpay has announced the launch of FraudSight, an omnichannel solution designed to prevent fraud and optimize approval rates.

Worldpay is a payments technology company providing services for their merchant customers. According to the company, FraudSight makes transaction validity decisions for merchants of all sizes based on a matrix of data points and strategies. Moreover, merchants in North America looking to implement FraudSight can likely turn on the service with no integration or development necessary.

FraudSight is engineered to connect in-store and online transactions, which it uses to build behavioural models from card-specific activity, regardless of channel. The system looks at these behaviorual and device biometrics, as well as contextual anomalies, chargeback reputation, and other factors that can help authenticate transactions.

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Keywords: Worldpay, omnichannel, fraud prevention, merchants
Countries: World