Emailage brings RapidRisk Score into APAC to mitigate payment fraud in seconds

 Emailage brings RapidRisk Score into APAC to mitigate payment fraud in seconds
20.03.2019 06:11 am

Emailage brings RapidRisk Score into APAC to mitigate payment fraud in seconds

Security , Risk Management

Emailage, the global leader in online fraud prevention and email risk assessment, is introducing its cutting-edge RapidRisk Score fraud detection solution for the Asia and Pacific market, a purpose-built solution to create fast and reliable risk analysis. For payment processors, card issuers and merchants this means tougher fraud checks for every transaction – mitigating potential fraud and minimizing damages.

RapidRisk Score is powered by advances in artificial intelligence, and pulling from Emailage’s global intelligence network, to offer reliable risk assessment in as low as 30 milliseconds – 20x times faster than standard alternatives. 

This latest advancement from Emailage, solves a pain-point for merchants and payment processors across the region by helping them identify and mitigate fraud in real-time. This dynamic solution helps strengthen customer identity authentication protocols already in place – letting genuine customers complete their purchases straight away and deterring potential fraudulent purchasers.

Additionally, RapidRisk Score was built to scale, meaning it can handle hundreds of transactions per second. The new product has already been adopted by three global payment processors including one of the Asia’s largest, who will use Emailage RapidRisk for South East Asia market.

Carlos Testa, General Manager of the APAC region explained: “Fraud in the APAC region  is very diverse in terms of threat profiles and shows no signs of slowing. CNP fraud is still number one in terms of losses – this needs to change. We work very closely with several large financial companies, so we are aware of the need for innovative, modern solutions. Dynamic intelligence based around the email address represents an effective, frictionless way to keep ahead of these clear and present threats to revenue and business growth.”

RapidRisk Score was developed to meet these needs, said Testa, “By leveraging internal signals from a global, cross-industry and sector consortium database, RapidRisk Score can verify and provide an accurate transaction risk analysis in an average of 30 milliseconds – a new industry benchmark. We’re extremely proud to offer our customers this capability across the Asia and Pacific region.”

Related News

Radware DefenseSSL® Provides the Only Keyless Solution That Accurately Detects and Mitigates HTTPS Floods

Radware® a leading provider of cyber security and application delivery solutions, today announced that its industry-... Read more »

BRC and Chargebacks911 support retailers struggling with payment disputes

 The go-to trade association for all UK retailers, British Retail Consortium (BRC), is working with cutting-edge dispute... Read more »

The Age Of Data-Driven Sports: Acronis Partners With FC INTERNAZIONALE MILANO

Acronis, a global leader in cyber protection and top provider for international sports... Read more »

F-Secure's Managed Detection and Response Solution Countercept Wins EUR 2m+ Deal

F-Secure’s Managed Detection and Response (MDR) solution Countercept has won a multi-year deal worth than more than EUR 2m to defend a major European enterprise customer.

... Read more »

Free Tool Reveals the True Cost of ‘Free’ Online Services — Your Data and Identity

Cyber security provider F-Secure has released a free new online tool that helps expose the true cost of using some of the web’s most popular free services—the abundance of data... Read more »

Venafi Reveals Financial Services Firms More Vulnerable to Certificate-Related Outages

Venafi®, the leading provider of machine identity protection, today announced the results of a study examining the scale... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel