SafetyPay partners Feedzai to protect customers from fraud with AI

SafetyPay's platform allows non-card holders and fraud-wary consumers to participate in the online marketplace via bank transfer or cash without sharing their information online. The platform opens the door for e-commerce merchants to tap into a larger consumer base by accepting alternative forms of payment. Meanwhile, Feedzai monitors patterns in payment transaction activity and compares against a customer's historical data to authenticate transactions. With a shared goal of making banking and commerce safe, the partnership with Feedzai enhances SafetyPay's security, harnessing AI to protect customers across borders from fraudulent risks in real-time. "Secure payments have been a core focus for us since SafetyPay was founded more than a decade ago," said Gustavo Ruiz Moya, CEO, SafetyPay.