Allied Wallet has added artificial intelligence features within its payment offering to create a new standard for fraud prevention.
The company provides online payment processing offering various through solutions in 196 countries all over the world. It now incorporates new AI features within its NextGen Payment Gateway.
This new system uses artificial intelligence technology to analyse hundreds of transactional data points for spikes and anomalies to score transactions in real-time. Its AI technology allows them an in-depth means for legitimizing transactions and preventing fraud.
“Your business is only as strong as your security,” says CEO Andy Khawaja. “…protecting your profit is important, but in our opinion, protecting your customers is even more important. As e-commerce continues to grow, it’s absolutely necessary that we all do our best to protect the online shopping experience and implement new technology to prevent information from being compromised.”
With PCI compliant merchant services for nearly any business size, Allied Wallet claims to offer ‘state-of-the-art’ payment gateway to optimise online transactions. With PCI compliant merchant services for nearly any business size, Allied Wallet claims to offer ‘state-of-the-art’ payment gateway to optimise online transactions.
The Payment Card Industry Data Security Standard (PCI DSS) is a set of security standards that were designed to ensure that all companies who accept, process, store, or transmit credit card information maintain a secure environment. Allied Wallet is a PCI DSS Level 1 compliant company and claims to protect online transactions to the highest standard.
Copyright © 2018 RegTech Analyst
