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Diebold Nixdorf Partners With Crime Prevention Expert To Combat Fraud, Financial Crime

  • Diebold Nixdorf Inc (NYSE: DBD) and Featurespace, a world leader in enterprise financial crime prevention, collaborated to integrate its highly specialized fraud prevention technology into Diebold Nixdorf's Vynamic Payments platform.

  • By partnering with Featurespace, Diebold Nixdorf can provide financial institutions with a fully integrated payments solution with proven real-time fraud detection and prevention capabilities.

  • Vynamic Payments is a cloud-native payments platform whose software's microservice architecture enables business agility and consumer experiences that seamlessly bridge any channel, integration point, payment type, or authentication method.

  • Martina King, CEO at Featurespace, said: "Through this partnership, financial institutions can protect every customer and transaction with ARIC Risk Hub integrated into their transaction monitoring and processing."

  • Joe Myers, executive vice president, Global Banking at Diebold Nixdorf, said: "By integrating the holistic solution into our Vynamic Payments platform, we can provide financial institutions with the most powerful and open technology to combat fraud and financial crime."

  • Fiserv, Inc (NASDAQ: FISV) launched a first-of-its-kind solution to help financial institutions enhance their ability to detect and prevent account takeover fraud.

  • AuthHub from Fiserv updates customer profiles dynamically as information changes and more data is collected, providing a reliable 360-degree view of customer behavior across all payment types and channels.

  • Price Action: DBD shares traded higher by 0.43% at $2.33 in the premarket on the last check Friday.

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