Business Wire

CellPoint Digital and Riskified Partner to Enhance Fraud Protection for Airlines and Travel Merchants with Industry-Leading Payments Solution

Share

CellPoint Digital, a global pioneer in Payment Orchestration, has announced a partnership with Riskified, a leader in ecommerce fraud and risk intelligence, to help airlines and other travel merchants increase transaction approval rates while reducing costs. The partnership enables both companies to increase the value created for their joint customers by optimising their fraud detection capabilities and enabling the utilisation of multiple payment providers.

Riskified’s ecommerce fraud management platform is a dynamic system designed to protect online retailers from fraudulent transactions. Built for accuracy at scale, it utilises advanced AI and machine learning algorithms to analyse and verify the legitimacy of each transaction, ensuring secure and hassle-free online shopping experiences for valid customers while minimizing the risk of fraud for travel merchants. Additionally, travel merchants who leverage Riskified’s Chargeback Guarantee solution will not bear the cost of fraud chargebacks, in the event that Riskified approves a fraudulent transaction.

Combined with CellPoint Digital’s Payment Orchestration platform, airlines and enterprise travel merchants can enjoy cutting-edge fraud protection, higher transaction approval rates, instant decision-making capabilities, and complete chargeback protection, enhancing the overall security and efficiency of the payment process.

“Our partnership with Riskified represents a step forward in the world of online payments,” said Kristian Gjerding, Chief Executive Officer of CellPoint Digital. “Together, these platforms empower airlines and other travel merchants to optimise their payment process while safeguarding against fraud risks, setting a new standard for secure and efficient ecommerce transactions.”

Through the power of their integrated solutions, CellPoint Digital and Riskified can provide airlines and other travel merchants with a formidable defense against ever-evolving fraud threats. CellPoint Digital’s Payment Orchestration platform, which easily accommodates multiple PSPs and acquirers, routes transactions intelligently to boost acceptance and can integrate multiple payment methods. This is complemented by Riskified’s advanced AI and machine learning platform, which accurately detects fraud in real-time by harnessing data across a vast global merchant network that encompasses more than 2.5 billion historical transactions.

“Businesses should never have to choose between preventing fraud and providing a cohesive customer experience,” said Ravi Kumawasrami, President of Worldwide Field Operations, Riskified. “Our partnership with CellPoint Digital enables airlines and travel merchants to avoid this dilemma while simultaneously streamlining their operations, increasing their revenue and creating a secure shopping environment.”

For more information about CellPoint Digital and Riskified’s partnership, visit Riskified.com. Or to schedule an interview with CellPoint Digital please contact Steven Osei at steven.osei@cellpointdigital.com.

About CellPoint Digital

CellPoint Digital is a fintech leader in payment orchestration. CellPoint Digital’s main solution is a powerful Payment Orchestration Platform that optimises digital payment transactions, from cards or alternative payment methods, and accelerates the deployment of new payment options. Merchants can easily scale their own payment ecosystem across the world, unify the customer payment experience across their website, mobile apps and other channels, optimize the routing of each transaction, increase conversion rates and minimise payment costs. CellPoint Digital has offices in Copenhagen, Dallas, Dubai, London, Miami, Pune and Singapore. Visit www.cellpointdigital.com to learn more.

About Riskified

Riskified (NYSE:RSKD) empowers businesses to grow ecommerce revenues and profit by mitigating risk. An unrivaled network of merchant brands partner with Riskified for guaranteed protection against chargebacks, to fight fraud and policy abuse at scale, and to improve customer retention. Developed and managed by the largest team of ecommerce risk analysts, data scientists, and researchers, Riskified’s AI-powered fraud and risk intelligence platform analyzes the individual behind each interaction to provide real-time decisions and robust identity-based insights. Learn more at Riskified.com.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Steven Osei
CellPoint Digital
steven.osei@cellpointdigital.com.

Cristina Dinozo
Riskified
press@riskified.com

About Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

VeriSilicon NPU IP is Shipped in Over 100 Million AI-Enabled Chips Worldwide29.2.2024 01:00:00 CET | Press release

VeriSilicon (688521.SH) today announced that it has reached a milestone achievement with its Neural Network Processor (NPU) IP integrated into over 100 million AI-enabled chips across 10 major application sectors worldwide, including Internet of Things (IoT), wearables, smart TVs, smart home, security monitoring, servers, automotive electronics, smartphones, tablets, and smart healthcare. As a global leader in embedded AI/NPU over the past seven years, VeriSilicon’s NPU IP has been successfully integrated into 128 AI SoCs supplied by 72 licensees in these varied market segments. VeriSilicon’s NPU IP is a high-performance AI processor IP designed with a low-power, programmable, and scalable architecture. It can be easily configured to meet licensees’ requirements for chip sizes and power budgets, making it a cost-effective neural network acceleration engine. This IP also ships with extensive and mature Software Development Kit (SDK) supporting all major deep learning frameworks, ensurin

Terra Firma Energy Limited Secure 120MW of Contracts From Record Breaking T-4 Capacity Market Auction28.2.2024 20:07:00 CET | Press release

Terra Firma Energy have successfully secured 120MW of contracts in the record-breaking T-4 Capacity Market auction. After two bidding rounds the auction cleared at £65/kW/Year breaking last year’s record of £63/kW/Year. This outstanding result will see our contracted assets receive over £7.3M per year to be on standby to provide critical support to National Grid when required. UK Capacity Market The UK Capacity Market ensures electricity supply meets demand, especially during peak times, by incentivising generation investment and maintaining grid stability. Auction results determine prices paid to generators for ensuring electricity availability. The T-4 auction secures capacity for delivery in four years via long-term 15-year agreements, while T-1 auctions procure capacity just before delivery via 12-month agreements. On February 27, 2024, the T-4 auction cleared at £65/kW/year for delivery in Oct-2027/Sep-28. William Davies, Managing Director of Terra Firma Energy said “I am thrilled

Verimatrix Streamkeeper Wins Gold in 2024 Merit Awards for Telecom Innovation28.2.2024 19:14:00 CET | Press release

Regulatory News: Verimatrix, (Euronext Paris: VMX), the leader in powering the modern connected world with people-centered security, today announced that its Verimatrix Streamkeeper took home top honors in this year’s Merit Awards for Telcom and Wireless. The gold win in the Security Innovations category marks the latest in a growing stack of industry recognitions marking Streamkeeper’s uniquely powerful and multi-layered anti-piracy protection capabilities. Judged by industry executives, members of the media and consultants as well as Merit Awards staff, the program is dedicated to recognizing the efforts put forth by global industries and the markets they serve, acknowledging companies that have contributed to the continued growth of the market. Verimatrix Streamkeeper combines digital content security with app protection to hunt down and take down piracy for many of the world’s entertainment leaders – including more than half a billion clients across devices. "We are thrilled to con

Tecnotree's Comprehensive Next-Generation BSS Solutions to Drive Nuh Digital’s Transformation28.2.2024 17:07:00 CET | Press release

Tecnotree, a global digital platform and services leader for AI, 5G, and cloud-native technologies, announced the signing of a new digital transformation deal with Nuh Digital, to provide BSS stack solutions to enhance the company’s operational efficiency and meet current and future market requirements. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240228266983/en/ (Graphic: Business Wire) Nuh Digital is a growing Mobile Virtual Network Operator (MVNO), changing the scenario of digital inclusion in Brazil, with the purpose of developing businesses through innovation and intelligent connectivity. Tecnotree’s digital marketplace solutions will enable the company to introduce new digital services quickly and cost-effectively. The full digital stack deployment will include Mediation, Provisioning, BSS Switch (Convergent Billing Solution, Customer Lifecycle Manager, Unified Product Catalog, Enterprise Integration Accelerator), D

LiveRamp Launches Unified Data Collaboration Platform Featuring Composable Technology28.2.2024 17:00:00 CET | Press release

LiveRamp (NYSE: RAMP) today unveiled the next generation of the /LiveRamp Data Collaboration Platform, which brings together solutions for the end-to-end marketing lifecycle onto a single platform. The unified offering introduces new capabilities such as a simplified user interface, composable technology for cross-cloud interoperability, and a partner marketplace where innovative third-party developers can build applications showcasing their trusted expertise. Built on a foundation of durable, authenticated technology designed to withstand signal loss, the /LiveRamp Data Collaboration Platform offers functionality to proactively address evolving privacy considerations while accelerating forward-looking data collaboration use cases. Gartner® findings show “Marketing has an outsized role in data and analytic activities across the enterprise, with 71% of marketing data and analytics teams responsible for owning at least one element of data strategy for their organization.” By bringing all

HiddenA line styled icon from Orion Icon Library.Eye