Visa Launches Digital Tool To Combat New Account Fraud

Woman with binary concept depicting fraud and security concept

Visa launches a digital tool to help U.S. financial institutions with their efforts to combat new account fraud – estimated at $10 billion a year – and give consumers greater peace of mind. Advanced Identity Score combines Visa’s artificial intelligence and predictive machine learning capabilities with application and identity related data to generate a risk […]

Square Acquires Dessa to Bolster Its Machine Learning and Artificial Intelligence Capabilities

Square Acquires Dessa

Payments platform Square has acquired Dessa, a Toronto-based company building machine learning applications that address significant real-world challenges for all types of businesses. The Dessa team of engineers will immediately bolster Square’s machine learning and artificial intelligence capabilities. Machine learning is a critical field in technology today, and Square has expanded machine learning work through both […]

Miva Partners with Signifyd to Help Online Sellers Prevent Fraud

Miva and Signifyd Partnership

Miva, Inc., ecommerce software and service provider for mid-size and enterprise merchants for 21 years, and Signifyd, which empowers fearless commerce by protecting merchants from fraud and consumer abuse, announced that they have partnered to help online merchants deliver a frictionless purchase experience without fear of fraud. This partnership represents a commitment to stability, cohesive […]

3dcart partners with ClearSale to help its merchants with fraud protection

3dcart

International fraud protection service ClearSale announced it entered into a partnership with ecommerce platform 3dcart. This new partnership offers 3dcart customers advanced card-not-present fraud protection that combines machine learning with human expertise to deliver the industry’s highest order approvals and lowest rates of false positives. Customers using ClearSale will also receive guaranteed protection from costly […]

Visa says now is the time to secure happy shoppers for busy fall season

Visa Token Service

Consumers rely more and more on devices to make purchases as commerce is increasingly shifting online. The need to offer an easy and safer online way to pay is more important than ever. Savvy merchants realize that tokenization, which replaces private account data with a unique token, can safeguard consumer data and their own data. […]

PayPal Acquires Fraud Prevention Service Simility for $120 Million

PayPal is on a spending spree to acquire companies that can fill specific roles or market segments in PayPal. Just a few days ago it purchased Hyperwallet and now PayPal announced the acquisition of Simility, a leading fraud prevention and risk management platform, for $120 million in cash. READ MORE: PayPal Acquires Hyperwallet – And There is […]