APC Adds minFraud to Product Hub
April 3, 2014
Alpha Payments Cloud this week added minFraud from MaxMind to its APC Product Hub. minFraud is an antifraud software product that offers fraud risk scoring based on IP address, email and device reputation. The APC Product Hub is an ecosystem of payment products acquirers can leverage to offer their merchants credit card acceptance in a simple way.
“With global online trade expected to hit $1.4 trillion by 2015, it is increasingly important for merchants and acquirers to be supported with the most technologically cohesive and up-to-date products,” said Rónán Gallagher, head of product at Alpha Payments Cloud. “One of the benefits of our unique Product Hub solution is that it can equip domestic acquirers with access to the tools and services they need to support their merchants as they move internationally, by connecting them with best-in-class solutions relevant to each market. With the integration of MaxMind’s minFraud service into our cloud-based solution, our clients have direct access to a leading fraud prevention suite, which can effectively underpin their expansion into new markets safely, while reducing the risk of fraud.”