PSP or Merchant Acquirer

Digital payments are booming, fraud is on the rise and the payment ecosystem is under increasing scrutiny

Fraud Protection for the Entire Transaction Processing Ecosystem

Our products do not discriminate - PSP, Acquirer, Issuer, Bank, Merchant - large or small, our easily accessible, cutting edge technology is an essential addition to your fraud detection toolbox. Due to the diversity of our vast datasets we provide highly accurate, insightful, actionable fraud detection for all.

How we help...

This powerful AI platform assesses your transactional data in real time allowing us to instantly detect expected versus suspect behaviour - giving you real time insights into transaction and merchant initiated fraud and the ability to take action in milliseconds.

Fraudio empowered Viva Wallet to grow 7x in transactions, increase their risk teams' efficiency by 600% and generated an 8x return on investment.

“I see the bottom line. The bottom line is that each and every notification that Fraudio sends to us is taken very seriously and very promptly within our team. Every fraudulent transaction that is under the umbrella provided to us by Fraudio is caught very early on.”

Giorgios Gkionis

Chief Software Architect (Risk and AML) at Viva Wallet

See the case study

Transaction Fraud Protection for PSPs & Acquirers

Plug and Protect Transaction Fraud Detection

Starting the moment you connect to our AI super brain - transaction fraud in your payment stream is detected - providing immediate value within your business. Fraudio's pioneering transaction fraud detection is versatile in its function - this powerful multi-dataset, modular, SaaS plug and protect tool is a game changer for PSP’s and Acquirers of all sizes.

How does the transaction fraud product work - head to our product page to find out more about this
3rd generation transaction fraud detection tool or contact us.

Merchant Initiated Fraud Detection for PSPs, and Acquirers

Fraudulent Merchant Detection & Profile Building

With this essential add-on feature to our transaction fraud tool - Merchants are under the AI microscope. You can manage your existing merchant portfolio with confidence knowing our merchant initiated fraud detection tool is monitoring, comparing and assessing every merchant transaction, and profiling their behavioural patterns from day one. Leveraging the power of AI, networked datasets and powerful cloud computing you are immediately alerted of merchants' fraudulent behaviour while minimising false positives.

We look for normal activity and spot anomalies, identifying underlying trends that suggest risky merchant behaviour. We send alerts in real time and reports when necessary.

Directing Merchant Initiated Fraud Investigations

In addition to instant alerts of fraudulent behaviour - merchants whose activity is suspicious but not clearly fraud are sent to you via regular reports. These merchants’ risk levels are classified and explained allowing you to identify exactly what activity has drawn attention. These complete reports allow you to conduct targeted investigations, manage your investigations team's capacity, and give an overall picture of your merchant portfolio risk.

Tools to allow your fraud team to work smarter...

Our tool provides explanations and risk levels with each merchant that is flagged. This lets you better utilise your team's resources allowing for informed, knowledgeable prioritisation & investigation.

False positives are minimised

Reducing noise

Risk level is calculated

Allowing for prioritization

AI insights are explained

Enhancing investigation work

Investigations can be more targeted

Making the best use of your resources

How can the Fraudio merchant initiated fraud detection tool help you?

Business Model Boost for PSPs, and Acquirers

With undeniable value this modular transaction fraud tool provides an opportunity to boost your product offering to your customers. Our fully configurable fraud tolerance settings allow you to turn on and off and adjust fraud tolerances at the customer, industry or portfolio level. This makes our tool flexible and powerful. Give your customers the fraud protection they have been asking for instantly with immediate value for customers large and small.

Gain a competitive advantage with Fraudio...

Interested in finding out how our powerful AI tools can deliver you a competitive advantage get in touch.

Our Process

Simple API integration & Pay-for-Use Pricing.

We have removed the barrier to entry for companies of all sizes by providing fraud detection via a cloud hosted application programming interface (API) that we manage. Once connected to your platform, all your merchants can benefit from this product with no extra IT hassle.

How is this possible? What has changed?

Cloud Technology

Cloud computing power and scalable artificial intelligence hosting innovation has progressed while costs have reduced

API + micro service architecture

Micro service architecture combined with use of API’s facilitates the connecting of companies and technology

Data increase

The Amount of data available to collect and utilise in the building of artificial intelligence tools has increased exponentially - doubling every two years