PayNice, a mobile payment platform, has selected FinTech Alliance company Tribe Payments for risk monitoring.
In Brief:
PayNice is an Italian business that aims to connect retailers and their customers through electronic payments.
Tribe Payments will provide risk monitoring solutions through its Risk Monitor Tool.
This will take all the individual data points of transactions and bring them together to enable real-time decision making around risk.
What does this mean?
PayNice can now provide its merchant customers with more transaction security to give them more control of risk exposure and hopefully “stay ahead of fraudsters”.
