Adyen, the global payments platform of choice for many of the world’s leading companies, today launched Score. The company is first-to-market with a machine learning driven solution on a single platform for signaling irregular activity and monitoring platform compliance. By leveraging data insights analyzing the platform merchant’s data and flagging unusual platform user behavior, Score helps Adyen’s merchants prevent misuse of the platform. As Score provides insights via a broad set of risk signals, the feature is of significant support for platform merchants’ compliance procedures. By improving effectiveness and reducing time spent on platform user security reviews, Score increases operational scalability for platforms.
Read More: Currency Agnostic Blockchain Debuts for Global Trade
Score is the newest addition to the company’s offering for platforms. GoFundMe, the global online fundraising platform, is one of Adyen’s first merchants to implement Score during the past six months.
“Score has helped us to provide the best service we can to help as many people as possible – while also ensuring our customers trust that GoFundMe is keeping them safe and protected,” said Matthew Murray, Director of Risk & Compliance at GoFundMe. “We are constantly adopting the best tools to ensure we have a full and accurate picture of our risk profile, so we were pleased to be the first to try this new Score solution.”
Read More: Kraken Donates $250,000 to Advance Ethereum’s Blockchain Upgrade Efforts
“This is where tech and compliance meet – we’re very excited about the launch of Score, as we are now able to support our platform merchants in platform user fraud and integrity monitoring. Reducing risk is a top priority for platform businesses”, said Mariëtte Swart, CLCO of Adyen. “The feature puts our merchants in full control by offering a solution that never stops learning.”
Read More: Blockchain Safety: Why You Should Create a New Bitcoin Address Every Time?
