Global payments platform Adyen NV (OTCMKTS: ADYYF) has unveiled Score with GoFundMe, a machine learning solution that can identify unscrupulous platform users. Adyen offers a payment platform providing modern end-to-end infrastructure linking directly to MasterCard, Visa, and other payment methods.
Score the first Machine learning tool to identify malicious users
The firm is the first to commercialize with a machine learning-focused tool for abnormal behavior detection and monitoring platform compliance on a single platform. Score assists Adyen’s merchants in preventing platform exploitation by exploiting data insights, assessing platform merchant data, and detecting odd platform user behavior. The tool is essential for platform merchants’ compliance procedures because it delivers insights through a comprehensive range of risk indications. Most importantly, Score improves platform operational scalability by increasing efficacy and lowering time spent on platform user security checks.
Score is the most recent addition to the company’s platform offering. One of Adyen’s first merchants to use Score in the last six months was GoFundMe, a global online fundraising platform.
Score helps in offering service for people to trust GoFundMe
Matthew Murray, GoFundMe Risk & Compliance Director, said, “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. 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.”
Adyen CLCO Mariette Swart said, “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. The feature puts our merchants in full control by offering a solution that never stops learning.”