acquiring.com’s payment solutions will be bolstered by Cybertonica’s GoFrictionless product,a multi-factor cloud-based artificial intelligence and machine learning system that will empower acquiring.com’s clients to increase the shareof accepted transactions at no additional risk, meanwhile reducing the cost of fraud and lowering chargeback rates.
“At acquiring.com, combatting fraud and protecting merchants are paramount to our approach as an acquirer,” said Ryan Cachia, Managing Director at acquiring.com. “Cybertonica’s risk management and fraud prevention suite of productsenhance the way that we protect our international client-base by reducing chargebacks and identifying more potential threats before they can materialise. Cybertonica are an exciting company whose continuing innovation will propel acquiring.com towards even greater standards of protection for our customers. This combined solution once again solidifies acquiring.com in its growing leadership position in the EMEA acquiring market.”
“Our fundamental mission here at Secure Trading is to be the driving force behind merchants’ commercial activity by powering their payments; Cybertonica’s AI-enabled tech will help facilitate this,”Daniel Holden, CEO of Secure Trading Group added. “We are looking forward to working with Cybertonica closely in the future to build bespoke products across different industry verticals including gaming, crypto and InsurTech.”
“Cybertonica has delivered GDPR and PSD2 compliant, strong authentication technology that we are now bringing to the future of money and omni-channel payments,” said Joshua Bower-Saul, CEO and Co-Founder of Cybertonica. “Our new partnership with acquiring.com will help to strengthen the acquiring services they offer across multiple verticals and clients by arming them against sophisticated fraudsters with our innovative GoFrictionless product operating in a seamless way with their fraud team.”
Cybertonica’s cloud-based platformalso improvestransactional data security and respects both the GDPR and PSD2 requirements for tomorrow’s payment world. It provides accurate authentication in less than a second, reducing declines of a traditional rule-based system while providing insights to customer behaviour and risk that increase conversion and provide updates and alerts through the customised dashboard. The Cybertonica team brings nearly 50 years combined fraud management experience so that the system is designed to improve fraud and operations management every day.
