Ravelin snapped up by Worldpay as its fight against AI fraud continues
Worldpay has entered into a definitive agreement to acquire Ravelin, the UK-based AI-native fraud prevention platform. The rationale? Worldpay says Ravelin will complement and enhance its portfolio of value-added solutions and ‘enable merchants of all sizes to grow faster and protect their businesses as fraud activity accelerates globally’. Since its inception in 2015, Ravelin has […]
Mastercard x Worldpay collab seeks to reduce merchant chargebacks
Mastercard and Worldpay have formed a new partnership they claim will help merchants to resolve transaction disputes faster and with fewer chargebacks. Chargebacks – a request for a refund triggered when a consumer disputes a transaction on their account – are a growing issue: industry-wide chargeback volumes are expected to reach 337 million by 2026, […]
