Viva Wallet has announced its partnership with Fraudio, the Amsterdam-based next-generation payment fraud prevention & anti-money laundering AI-driven fintech.
This strategic partnership provides Viva Wallet an edge in regards to how they deal with fraud currently and, more importantly, in the future. It guarantees that Viva Wallet’s customers both on the merchant acquiring and card issuing sides have access to a thoroughly secure payment infrastructure for all their operations.
Fraudio has developed the next generation of Fraud detection & AML with its patented AI technology. AI Machine learning is ideally suited to fraud detection as it is accurate, fast, and highly efficient – additionally, it learns and evolves automatically. Fraudio’s one-of-a-kind centralised AI brain is trained on billions of transactions and continues to grow daily.
“Fraudio’s team has been extremely helpful to our current growth by providing us the ability to focus our efforts in a much more accurate manner, we also see a lot in ourselves in Fraudio being pioneers in their market and truly developing disruptive technology,” said Viva Wallet’s co-founder Makis Antypas.
“Working closely with Viva Wallet has been enriching in many ways so far yet I want to highlight the sheer vision behind this company is so clear and you can see that with anyone you come in contact with from their teams. We are excited to have this opportunity to serve a company that beyond any doubt is, and will become much more, a predominant player in their space and any other space they set out to be in”. Added João Moura, Fraudio’s founder and CEO
