Artificial Intelligence | News | Insights | AiThority
[bsfp-cryptocurrency style=”widget-18″ align=”marquee” columns=”6″ coins=”selected” coins-count=”6″ coins-selected=”BTC,ETH,XRP,LTC,EOS,ADA,XLM,NEO,LTC,EOS,XEM,DASH,USDT,BNB,QTUM,XVG,ONT,ZEC,STEEM” currency=”USD” title=”Cryptocurrency Widget” show_title=”0″ icon=”” scheme=”light” bs-show-desktop=”1″ bs-show-tablet=”1″ bs-show-phone=”1″ custom-css-class=”” custom-id=”” css=”.vc_custom_1523079266073{margin-bottom: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”]

Rapyd Launches First Cross Border Fraud Prevention Solution For All Payment Methods

With global card fraud alone projected to exceed $37 billion by 2025, Rapyd helps businesses significantly reduce card and alternative payment method fraud with one platform

Rapyd, a global Fintech as a Service provider, announced the launch of Rapyd Protect, a fraud solution designed to protect businesses and consumers against fraud across countries and payment methods. With the growing use of Alternative Payment Methods (APMs) globally, Rapyd Protect provides a smart defense against global fraud while empowering merchants to confidently offer customers their preferred payment method.

Recommended AI News: Cadence Achieves Industry-First ASIL B(D) Compliance Certification For Automotive Radar, Lidar And V2X DSP IP

Related Posts
1 of 19,891

According to The Nilson Report, global card fraud is projected to reach over $37 billion in the next five years. Moreover, the Association of Certified Fraud Examiners reported in its global study that organizations lose an estimated 5% of revenue to fraud each year. As alternative payments such as ewallets, RTP networks, and bank transfers grow in popularity it is critical that businesses have access to solutions designed to protect both themselves and their customers from fraud, and to flag and block fraudulent transactions.

Recommended AI News: Aurora Mobile Enters Into Strategic Partnership With Moji Weather To Accelerate User And Platform Growth

Rapyd Protect is the only fraud solution embedded in the world’s largest global payments network, which supports cards and over 900 APMs.”Rapyd’s primary commitment to global businesses is to ensure online customers can complete purchases with their preferred payment method, from major credit cards to local APMs. With Rapyd Protect we are reinforcing that promise by using best in class machine learning to safeguard alternative payments, protecting businesses, and improving the customers’ shopping experience. We combine our globe-spanning insights with unique data, and extensive rules libraries to decrease risk, reduce chargebacks, and fight fraud on a global level across more payment methods,” said Helcio Nobre, Chief Product Officer of Rapyd.

Recommended AI News: LoRa Alliance Publishes Latest LoRaWAN Regional Parameters; Includes Support For New Data Rates That Expand Network Capacity For Specific Use Cases

5 Comments
  1. […] Velo pasukan dengan Rangkaian Kyber. Goldman Sachs dalam perbincangan ke memperoleh TT. Rapyd pelancaran alat pencegahan penipuan. Buku Kecairan menambah CAT mandiri. RJ O'Brien mengamalkan platform […]

  2. […] Velo Labs 团队 与Kyber Network合作。高盛在会谈中 获得 TT。拉皮德 发射 欺诈预防工具。流动性书 添加 独立的CAT。欧布莱恩(RJ O'Brien) 采用 […]

  3. […] Recommended AI News: Rapyd Launches First Cross Border Fraud Prevention Solution For All Payment Methods […]

  4. […] Recommended AI News: Rapyd Launches First Cross Border Fraud Prevention Solution For All Payment Methods […]

  5. […] Recommended AI News: Rapyd Launches First Cross Border Fraud Prevention Solution For All Payment Methods […]

Leave A Reply

Your email address will not be published.