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."
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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