payments

As digital commerce expands, fraud detection has become critical in protecting businesses and consumers engaging in online transactions. Implementing machine learning (ML) algorithms enables real-time analysis of high-volume transactional data to rapidly identify fraudulent activity. This advanced capability helps mitigate financial risks and safeguard customer privacy within expanding digital markets.Continue Reading

i3 Verticals (NASDAQ:IIIV) and Payroc WorldAccess on Wednesday said the companies have entered into an agreement whereby Payroc will acquire i3 Verticals’ merchant of record payments business, including its associated proprietary technology, in an all-cash transaction for $440M. The closing is expected to occur sometime in i3 Verticals’ fiscal fourth quarter. Source:Continue Reading