Boosting online merchants’ ability to detect and prevent fraudulent purchases, the new tool uses the MasterCard network and data insights to avoid suspicious transactions.
Leveraging the API tool, Kount is combining the expert monitoring fraud score into its advanced merchant fraud prevention platform to enable e-commerce merchants to minimize the risk of losses resulting from fraudulent online transactions.
Kount CEO Brad Wiskirchen said, "Our customers rely on us to provide leading-edge, real-time fraud detection that frees them up to worry less about risk and focus on expanding their business."
MasterCard, a global payments and technology company, manages one of the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in over 210 nations and regions.
