Adyen launches Score with GoFundMe — a machine learning tool to easily identify malicious platform users
PR91395
AMSTERDAM, Aug. 31, 2021 /PRNewswire=KYODO JBN/ --
Adyen(https://c212.net/c/link/?t=0&l=en&o=3274848-1&h=1075561138&u=https%3A%2F%2Fwww.adyen.com%2F&a=Adyen) (AMS: ADYEN),
the global payments platform of choice for many of the world's
leading companies, today launched Score. The company is first-to-market with a
machine learning driven solution on a single platform for signaling irregular
activity and monitoring platform compliance. By leveraging data insights
analyzing the platform merchant's data and flagging unusual platform user
behavior, Score helps Adyen's merchants prevent misuse of the platform. As
Score provides insights via a broad set of risk signals, the feature is of
significant support for platform merchants' compliance procedures. By improving
effectiveness and reducing time spent on platform user security reviews, Score
increases operational scalability for platforms.
Logo - https://mma.prnewswire.com/media/1490851/Logo__Adyen_green_RGB_Logo.jpg
Score is the newest addition to the company's offering for platforms(https://c212.net/c/link/?t=0&l=en&o=3274848-1&h=4157110625&u=https%3A%2F%2Fwww.adyen.com%2Four-solution%2Fmarketplaces-and-platforms&a=offering+for+platforms).
GoFundMe, the global online fundraising platform, is one of Adyen's first
merchants to implement Score during the past six months.
"Score has helped us to provide the best service we can to help as many people
as possible - while also ensuring our customers trust that GoFundMe is keeping
them safe and protected," said Matthew Murray, Director of Risk & Compliance at
GoFundMe. "We are constantly adopting the best tools to ensure we have a full
and accurate picture of our risk profile, so we were pleased to be the first to
try this new Score solution."
"This is where tech and compliance meet – we're very excited about the launch
of Score, as we are now able to support our platform merchants in platform user
fraud and integrity monitoring. Reducing risk is a top priority for platform
businesses", said Mariëtte Swart, CLCO of Adyen. "The feature puts our
merchants in full control by offering a solution that never stops learning."
For more product information on Score, see here(https://c212.net/c/link/?t=0&l=en&o=3274848-1&h=2437180294&u=https%3A%2F%2Fwww.adyen.com%2Four-solution%2Fmarketplaces-and-platforms&a=here).
About Adyen
Adyen (AMS: ADYEN) is the payments platform of choice for many of the world's
leading companies, providing a modern end-to-end infrastructure connecting
directly to Visa, Mastercard, and consumers' globally preferred payment
methods. Adyen delivers frictionless payments across online, mobile, and
in-store channels. With offices across the world, Adyen serves customers
including Facebook, Uber, Spotify, Casper, Bonobos and L'Oréal. Adyen
continuously improves and expands its product offering as part of its ordinary
course of business. New products and features are announced via press releases
and product updates on the company's website.
About GoFundMe
Founded in 2010, GoFundMe is the largest global fundraising platform that
empowers people to give and receive help. Since then, more than $15 billion
from over 200 million donations has uplifted those with needs and dreams, while
making an impact at scale. GoFundMe is building a global support system that
creates an opportunity for everyone to thrive.
SOURCE: Adyen Inc.
Media Contact: Kayla LaDuke, kayla.laduke@adyen.com
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