FreedomPay (FP) has announced a new strategic partnership with Kount (K), a leader in fraud prevention and identity trust, to offer a fully integrated identity trust solution built into FP’s commerce platform. Together, the two companies offer businesses of varying sizes, geographies, and verticals a purpose-built fraud prevention solution that adapts to the constantly evolving digital environment.
FP and Kt’s portfolio solution fully integrates the AI-driven payments fraud prevention solution, Kount Command. Powered by the Identity Trust Global Network, the solution enables businesses to accept more orders while reducing false positives, reducing manual review rates and slashing chargebacks, ultimately delivering a genuinely superior customer experience.
FP is expanding globally across key verticals including retail and eCommerce. With this partnership, its customers will enjoy an integrated, complete solution to enable international expansion with fraud-free payments and frictionless customer journeys, all while achieving PSD2 compliance and 3DS2 authentication.
In addition, the FP and K partnership goes beyond payments fraud prevention and will also provide businesses access to Data on Demand, Kount’s private data warehouse. This enables businesses to have actionable customer insights and analytics in order to inform proactive initiatives and drive revenue. Customers will also have access to a variety of other unique products and solutions, such as Near Real-Time Chargeback Prevention and Professional and Managed Services.
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