Fraugster Partners With Latin American Fintech Yuno

Next-generation payment orchestration platform Yuno Partnership with AI payment intelligence company Fraugster Provides online merchants access to a wide range of fraud prevention, compliance, and revenue uplift solutions via a single API.

Businesses of all sizes in Latin America continually face the challenge of managing multiple payment methods and fraud detection tools to accept online payments, leading to fragmentation, complexity and high costs.

According to the latest data from Merchant Risk Council (MRC)Latin American merchants have the highest average chargeback rate (3.8% vs. 2.6% in Europe) and the highest rate of order rejection (6.9% vs. 2.8% in the EU) of any region in the world It is

This new partnership aims to address these challenges head-on and help businesses reduce their fraud losses and total fraud management costs. Yuno was founded with the goal of improving the orchestration of online payments in Latin America. Its solutions also allow online businesses to customize checkouts, monitor acceptance rates, access reporting tools, and take advantage of multiple fraud management features and smart routing.

A partnership to help Yuno merchants

Fraugster is a payments intelligence company that helps the e-commerce ecosystem minimize fraud and maximize revenue by making smarter, real-time business decisions. Helping customers solve multiple use cases by providing access to a variety of interoperable products in one integration.

Fraugster will power Yuno’s service by applying advanced AI trained on global payment data to make more accurate decisions and boost approval rates. Innovations in machine learning and artificial intelligence will enable Yuno merchants to be up and running in no time without historical data. This is especially important in industries where long integration cycles slow down the speed of value realization.

Julian Nunez, Yunho co-founder said: Together with Fraugster, we build the ultimate solution to make online checkout fast, easy and secure so merchants can focus on their core business. “

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in the meantime Christian MangoldFraugster’s CEO said: We have added partners who share our belief that the industry needs to come together to fight fraud and provide customers with more flexible and scalable solutions. Our solution allows customers to simplify operations by choosing from multiple solutions, including chargeback liability coverage, in one integration. “