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epay: Selects Fraugster to enhance its fraud prevention services

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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

epay: Selects Fraugster to enhance its fraud prevention services

  • epay is a full-service payment provider and the digital payments processing business segment of the global financial technology solutions
  • Fraugster, a payment intelligence company, has been selected by pilot AI payment fraud prevention services
  • Worldwide transactions for payment and branded payment processing across all channels grew 30% in 2021
  • The full-service payment provider continues to expand its engagement in web-based and in-app channels
  • It will also enable us to make more accurate approval decisions as continue to grow business
  • These payment methods require ongoing development in fraud prevention within the risk system
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