Amsterdam-based fintech start-up supports companies in the payment ecosystem to fight payment fraud and financial crime with AI, machine learning and analytics.
Fraud detection platform
The Fraudio team has spent two years building a cloud-native centralised AI and machine learning payment fraud detection solution. Their solution supports payment service providers (PSPs), acquirers, issuers, processors, card schemes, and large merchants who run their checkout or gateway.
The company offers the latest fraud detection tools by combining advanced AI technology with a robust network effect. Fraudio also offers products that can be accessed from a single platform, such as payment fraud detection, merchant-initiated fraud detection, and money laundering detection. With this highly intelligent solution customers can maintain conversion rates while reducing the direct and indirect cost of fraud. In that way they can maximize revenue.
At this moment Fraudio works with customers inin Europe, North America, Latin America, and Asia.