Warsaw, Poland-based anti-fraud and business intelligence firm Nethone has launched globally.
Using tools including data driven machine learning, Nethone combats different types of fraud while employing data mining tools to provide insights to clients.
Operations Vice President Aleksander Kijek explains Nethone.
“The idea is to give merchants a comprehensive suite of business intelligence solutions they can use to simultaneously steam fraud and raises sales through data-driven decisions. Moreover we do not charge merchants for each technology being applied.
“There are no hidden fees.”
The faster fraud is identified and neutralized the better, Mr. Kijek said.
“In the case of a massive fraud attack merchants can either shut down their businesses or try to stem the flood of fraudulent transactions. Derailing in a rush period is an extreme example, but in fact any system breakdown undermines merchant credibility.”