White-label acquiring platform Dimebox has introduced a new fraud predictor service based on machine learning.

The service is designed to train itself by assessing batches of transactions, both fraudulent and legitimate, to develop the pattern of frauds targeting individual merchants.

By identifying evolving fraud patterns, the system is capable of blocking fraudulent payments allowing only legitimate transactions.

It utilises self-learning algorithms to determine the fraud score of every transaction. Based on the fraud score, the user can block the transaction.

Furthermore, the Dimebox platform allows setting transaction rule sets to enable blocking fraudulent transactions before they are completed. It will automatically block a transaction, if the determined likelihood of fraud is above a defined limit.

Accordingly, the filtering process of the transactions can be adjusted precisely based on the user’s requirements thereby enabling the perfect balance to allow authentic transactions and blocking the fraudulent ones.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The Dimebox full-stack white-label acquiring platform provides end-to-end processing where all fraud data are directly procured by the gateway through chargebacks and fraud reports such as Visa’s ‘TC40’ report and Mastercard’s ‘SAFE’ report.