Fraugster cooperates with Yuno
Together, the two companies want to protect e-commerce retailers in Latin America from fraud.
The Berlin-based start-up Fraugster is entering into a partnership with the Latin American company Yuno. Yuno, a payment processor, wants to integrate Fraugster's AI solution for fraud prevention in the future. Together, the two companies want to help e-commerce merchants in Latin America increase their sales and protect them from fraud.
"Together with Fraugster, we are developing the ultimate solution that enables merchants to make online checkout quick, easy and secure so that they can focus on their core business," says Julián Núñez, co-founder of Yuno. The offering is designed not only to help merchants reduce their fraud losses, but also to lower the overall cost of fraud management.
Max Laemmle and Chen Zamir founded Fraugster in 2014. The developed AI solution for fraud prevention has already convinced renowned investors such as Earlybird and Speedinvest.
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