Merchants are not fraud risk experts by nature. Their focus is on delivering products and services to customers. Naturally, they want the sales and payment process to be as seamless as possible. And that means they must accept popular, emerging payment options, but accepting new payment rails can be risky. That's where acquirers and payment service providers (PSPs) come in. Acquirers and PSPs provide extra value to merchants when they act as partners to deliver a good payment experience that minimizes friction.
Feedzai is a California-based data science company that provides real-time data processing, business monitoring and fraud prevention solutions for banks and financial firms.