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Commercial Credit News
|PayPoint and Sphonic step online fraud assessment up a gear|
|Tuesday, 24 March 2015|
PayPoint, an international leader in payment technologies, has partnered with Sphonic to give companies more accurate and targeted fraud risk assessment, thereby improving the overall customer experience. In the latest version of its market leading e-commerce risk management platform, FraudGuard 5.0 integrates Sphonic’s extensive datasets to give merchants more information with which to make far more accurate and fair payment acceptance decisions.
FraudGuard is an advanced point-and-click suite of risk management tools for tackling potential mobile and online card fraud by making smart, real-time decisions based on consumer data. Sphonic is an innovator in big data and applies third party vendor data to fraud, risk and Know Your Customer (KYC) functions. It aggregates large volumes of real-time data in risk processing, so end users can more efficiently discern genuine customers from fraudsters.
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