Facing thewire transfer fraud explosion, by usurping suppliers' bank details, Acxias has developed a connector to integrate the control services of Trustpair To SAP Ariba. Thanks to this connector, companies can access the platform of the start-up, which has developed proprietary technology and a control methodology at three levels: centralized external sources (open banking), data from pooling and history of payment (Trustpair customers), additional checks by a team of anti-fraud experts. The analysis leads to a contextualized risk assessment, which allows motivated decision-making to secure payment campaigns. In addition, Trustpair offers reporting services relating to the history of controls, audits and alerts, but also data cleaning and enrichment.
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With the rise of online business purchases and electronic payments, payment fraud has become increasingly common. Fraudsters often use sophisticated techniques to steal the bank details of suppliers and carry out fraudulent transactions. Faced with this growing threat, Acxias has developed an innovative solution to help companies fight against transfer fraud.
This solution consists of a connector that allows the integration of Trustpair's control services with SAP Ariba. Through this connector, companies can access the platform of Trustpair, which has developed state-of-the-art technology and a three-level control methodology to detect payment fraud. First, Trustpair uses centralized external sources, including open banking, to collect data and analyze it. The start-up also uses data from the pooling and payment history of its customers to refine its analysis. Finally, a team of anti-fraud experts can perform additional checks to ensure the accuracy of the results.
The result of this analysis is a contextualized risk assessment, which allows companies to make informed decisions to secure their payment campaigns. In addition, Trustpair offers reporting services to allow companies to track the history of controls, carry out audits and receive alerts in the event of suspicious activity. Additionally, the start-up also offers data cleansing and enrichment services to help companies maintain the quality of their data and improve their operational efficiency.
In short, the connector developed by Acxias to integrate Trustpair's control services with SAP Ariba is an innovative and effective solution to combat payment fraud. With this advanced technology and rigorous screening methodology, businesses can proactively detect payment fraud and take action to protect their business and finances.