CSG has recently made an announcement regarding the launch of its new Payments Protection.ai solution. Which can help businesses reduce fraud losses by up to 70%. The company has developed this innovative Payments Protection.ai solution. Because of the sudden rise in fraud cases being witnessed on digital payment platforms. With the launch of this solution, CSG has enabled businesses to avoid fraud without slowing down payments.
“Fraud is no longer a once-in-a-while surprise,” said Saurabh Joshi, EVP and President, CSG Payments. “It’s constant, adaptive, and affects businesses regardless of size or industry. That’s why it was so important for us to offer an always-learning AI solution. That can help businesses stay ahead of increasingly sophisticated threats.” “With CSG Payments Protection.ai, we give our customers smarter protection and fewer false-positive declines. A smoother experience in one, unified service.”
Flexible Deployment and Industry-Specific Protection
In addition, the Payments Protection.ai solution can be deployed in the cloud, on-premises, or in a hybrid model. The solution is constantly learning because the patterns of fraud are always changing. In addition, the solution provided by CSG comes with industry-specific rules. That can be applied by companies to develop their own rules for industries such as healthcare and telecom. This will allow companies to accelerate live fraud monitoring in weeks, which will enhance security and simplify operations. CSG is also providing enterprise-class performance and protection in the dynamic digital payments space.
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Source: Businesswire
