November 29, 2020
Business News

Forter and FreedomPay Partner to Connect Merchants and Banks Across a Global Network to Fight Fraud and Reduce False Declines

NEW YORK–()–Forter, the leader in e-commerce fraud prevention, today announced a partnership with FreedomPay, a global leader in Next Level Commerce™, establishing the first joint network for online merchants and banks to instantaneously block fraud and enable legitimate consumers to operate freely. This addresses a major issue where multiple players (the online merchant, the credit card issuer and the bank) touch each online transaction – often using different fraud solutions. This inefficiency, combined with the influx of new online shoppers, increases the possibility of false declines for no apparent reason creating a negative customer experience and the potential for lost revenue.

With online transaction…

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