Nymbus is a leading provider of financial technology solutions, and its platform is used by credit unions and banks of all sizes to innovate and grow.


NYMBUS selects DataVisor to provide next-gen digital banking fraud solutions. (Credit: Pexels from Pixabay)

DataVisor, the world’s leading AI-powered fraud and risk platform, is pleased to announce that it has been selected by NYMBUS®, a leading provider of cloud-based financial technology solutions, to provide comprehensive fraud management across their suite of digital banking offerings. Through this strategic partnership, Nymbus will harness the unique power of DataVisor’s next-generation fraud and risk platform to provide their customers with the most comprehensive fraud protection powered by AI and advanced machine learning.

Nymbus’ technology solutions empower banks and credit unions to modernize their tools and offerings, whether it’s creating a new digital bank or modernizing their legacy infrastructure. By integrating DataVisor’s comprehensive fraud platform, Nymbus’ financial institution (FI) partners can now seamlessly upgrade their digital capabilities further with reduced fraud risks. Nymbus clients will benefit from holistic fraud prevention and risk management solutions, effectively reducing fraud losses while ensuring a seamless customer experience – a notable advancement in today’s digital evolution journey.

“Our partnership with DataVisor is a crucial piece of our strategic roadmap, allowing our customers to realize fraud-safe growth as they expand,” said Michelle Prohaska, Chief Risk & Compliance Officer at Nymbus. “DataVisor’s cutting-edge platform, coupled with its advanced Generative AI and sophisticated machine learning technology, empowers our clients to innovate with increased confidence, security, and agility, reinforcing our role as a trusted partner to their organizations.”

DataVisor’s innovative machine learning–including both supervised and unsupervised machine learning models—and next generation cloud architecture deliver real-time data orchestration, powerful fraud detection and decisioning. This ensures Nymbus’ partners and customers access to scalable and cost-effective solutions at the forefront of technology.

“We at DataVisor are very excited about our partnership with Nymbus, which will introduce best in-class fraud solutions to enable their bank and credit union partners to elevate their digital banking offerings,” said Yinglian Xie, CEO and Co-founder of DataVisor. “Together, we’re pioneering a transformative phase in financial services, combining state-of-the-art tech with a steadfast focus on fraud security, delivering unparalleled digital banking quality for customers.”

Source: Company Press Release