Play Digital Selects Featurespace to Defend Against Payments Fraud on Newly Launched Platform
Play Digital Selects Featurespace to Defend Against Payments Fraud on Newly Launched Platform
Featurespace„¢, the leading provider of Enterprise Financial Crime prevention software, announced that Play Digital, the new fintech created by Santander, Galicia and BBVA, has chosen its ARIC„¢ Risk Hub to protect its new payments platform MODO from fraud. This is a new digital payment solution endorsed by more than 30 public, private and cooperative banks that marks an unprecedented milestone in Argentina.
The platform is free to use and facilitates QR code payments and transfers between customers via smartphone, without requesting the bank identification number. Following a thorough evaluation of fraud solutions, MODO selected the ARIC Risk Hub for its fraud detection and prevention capabilities and flexibility, as well as Featurespace’s reputation, references and responsiveness.