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by Fintech Information Singapore
March 21, 2024
Densan System, a Japanese info and expertise providers firm, has built-in SEON’s cybersecurity resolution to bolster safety and streamline consumer expertise on its just lately launched ‘PayLabo’ digital fee platform.
PayLabo consolidates numerous fee strategies throughout the APAC area right into a single, handy resolution.
SEON’s multi-layered fraud prevention resolution employs machine studying and synthetic intelligence to safeguard PayLabo customers with transaction monitoring, machine fingerprinting, and complete assessments to mitigate unauthorised use.
The mixing addresses the escalating demand for safe cashless transactions in Japan and past.
The PayLabo platform has been in a position to supply this to its customers since its launch. SEON’s scalable resolution mitigates fraud makes an attempt with out compromising the velocity and ease of PayLabo’s fee processes.
This partnership marks SEON’s first collaboration with a Japanese fee service supplier (PSP), having serving over 5,000 clients throughout 30 nations.
Tamás Kádár, CEO and Co-founder of SEON stated,
“We need to assist companies throughout the area profit from the very best ranges of fraud prevention and cybersecurity efficiency. With SEON’s help, that ambition is feasible. This undertaking is a good instance of that in motion. Proper now, we’ve over 150 product improvement engineers working to additional construct and refine our revolutionary system.
As a enterprise, we’re conducting over six million fraud checks each single day and conducting greater than 100 million every month. We’re serving to to help companies throughout the globe, giving them a serving to hand to get a grip on this rising challenge, which continues to have an effect on firms throughout a variety of sectors.”
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