ReD has inked a partnership agreement with SecureTrading, a leading independent UK payment processor to support its worldwide expansion program.
Under the agreement, ReD Shield will manufacture the main component of SecureTrading’s Protect Plus fraud prevention service, giving merchants the confidence to expand into new markets and territories.
ReD Shield hopes that the collaboration will enable it to meet the changing patterns of fraud prevention suitable for both payment type and channel agnostic, future proofing SecureTrading’s merchants as their ecommerce strategies evolve.
SecureTrading FD Daniel Holden said the firm has seen real benefit in partnering with ReD’s world leading technology, supported by their team of experienced risk analysts.
"ReD Shield delivered through SecureTrading gives our merchants flexibility, efficiency and confidence: a winning combination in today’s global ecommerce marketplace," Holden added.
The new offering consolidates unlimited rules with other data attributes, enhanced through the use of neural models, thus minimizing fraud and chargebacks risk.