Payment specialist eMerchantPay has entered into partnership with IRIS Analytics, a provider of fraud prevention solutions and risk management consulting services.
The agreement means eMerchantPay will add real-time transaction analysis technology from IRIS Analytics to its library of fraud protection mechanisms.
Yoni Roth, chief risk officer of eMerchantPay, said: “IRIS will give eMerchantPay a centralised point of transaction monitoring across different entities which will lead to reduction of the fraud to sale ratio along with instant decision making on the transaction flow.”
Nikolaus D Bayer, managing director at IRIS Analytics, added: “The analytical strengths and the highly flexible decision-making mechanisms of IRIS help eMerchantPay merchants to convert unknown customers into secure customers.
"In turn, merchants benefit from both fraud reduction and higher sales volumes.”
