emerchantpay signs up to the aiFraud Managed Service

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emerchantpay, a leading online, mobile and POS payment service provider, has partnered with The ai Corporation (ai) to enhance emerchantpay’s fraud prevention capabilities. As payment fraud continues to rise worldwide, this new partnership further amplifies emerchantpay’s fraud management capabilities for its card issuing programmes.  

emerchantpay’s CEO, Jonas Reynisson, says, “emerchantpay selected The ai Corporation to provide our card issuing programmes with an advanced risk engine tool, powered by machine learning technology, designed to combat card fraud in a sophisticated manner”.  

Dr Mark Goldspink, CEO of ai, says: “We are delighted emerchantpay has selected to adopt our aiFraud Managed Service, and we look forward to working together to enhance their fraud prevention capabilities. This partnership ensures emerchantpay gains access to our latest automated technology (aiAutoPilot ML) and our industry-leading fraud experts to optimise the ai’s world-leading human and machine capabilities”.   

The aiFraud Managed Service, which is powered by ai’s new automated machine learning, harnesses the power of the latest machine learning technologies and our world-leading fraud prevention expertise. This end to end service currently operates in over 50 countries worldwide and monitors more than 500 million card transactions a year. 

About emerchantpay 

emerchantpay is a leading global payment service provider for online, in-app and in-store payments. Their global payments solution is available through a simple integration, offering a wealth of features, including global acquiring, alternative payment methods, fraud and risk management and performance optimisation. They work with businesses of all sizes across various industries to create bespoke solutions and strategies that help them increase their payment systems’ efficiency and profitability.  With cutting-edge technology and a unique customer-centric approach, they empower businesses to design seamless and engaging payment experiences for their consumers. www.emerchantpay.com 

About The ai Corporation Limited (ai) 

The ai Corporation is a leading provider of fraud prevention and payments solutions. Operating for over 20 years, ai has provided solutions around the world to some of the largest financial institutions, international merchants and major payment service providers across a broad spectrum of industries www.aicorporation.com