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Digital Identity, Security & Online Fraud

Simility leverages AI with Adaptive 3D Secure

Wednesday 15 March 2017 | 09:19 AM CET

Simility has introduced Adaptive 3-D Secure, a solution that leverages artificial intelligence to add chargeback protection for transactions that would have been rejected.

Simility uses machine learning combined with rules to evaluate each transaction in real-time based on several attributes like device fingerprinting, in-session behavioural analytics, proxy filtering, and geolocation to identify high-risk transactions.

Simility invokes Adaptive 3-D secure authentication only for dynamically identified high-risk transactions, which are potentially fraudulent in nature, reducing customer abandonment, while securing chargeback protection for the merchants.

Simility is a fraud prevention provider that combines machine learning with human analysis in a cloud platform that protects clients from sophisticated types of fraud. For more information about Simility, please check out a detailed profile in our dedicated, industry-specific online company database.

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