Verifone Turns to Visa’s Featurespace to Combat Fraud

AI summary of the source article

Verifone has integrated Visa's Featurespace into its anti-fraud framework. The platform's adaptive machine learning models are deployed across Verifone gateways to provide real-time payment assessments.

Why it matters

The tool provides real-time assessments of each payment, helping merchants and payment facilitators prevent fraud, lost sales and chargebacks.

Key facts

• Verifone integrated Visa's Featurespace into its anti-fraud framework.
• Featurespace's adaptive machine learning models are deployed across Verifone gateways.
• The tool delivers real-time assessments to help merchants and payment facilitators prevent fraud, lost sales, and chargebacks.