Global payment orchestration platform, FinMont, has joined forces with Nethone to offer advanced anti-fraud technology for online payments in the travel industry. Through the partnership, FinMont’s global payment ecosystem will integrate with Nethone’s AI-powered solution, providing detailed profiling of every user in real-time to identify and prevent risky payments without negatively impacting legitimate customers.
FinMont was founded by the creators of German airline Hahn Air to provide the travel industry with a comprehensive solution that streamlines both B2B and B2C payments, reducing reliance on a single payment provider and minimizing historical downtime issues. The platform offers a complete payment ecosystem that connects acquiring banks, payment, fraud, forex, and chargeback providers and integrates with ERP/CRM systems and other travel-specific distribution channels.
Nethone’s fraud prevention technology protects businesses against various types of online fraud, including account takeover (ATO), chargeback fraud, and BOT attacks, without affecting the customer experience. The solution enables travel merchants to use payments strategically to differentiate themselves from competitors, improve payment authorization and conversion rates, and reduce payment costs.
Suby Valluri, CEO of FinMont, said, “We are thrilled to partner with Nethone and integrate their cutting-edge service into our global ecosystem. They offer an advanced AI solution that will ensure our partners and customers remain safe from fraud at all times.”
Hubert Rachwalski, CEO of Nethone, added, “Our combined solution provides an exciting offer for the travel sector, which is focused on fighting fraud while helping to improve the overall service experience for merchants and their customers. We are confident that our experience in the travel industry will prove invaluable in achieving this goal.”
The partnership between FinMont and Nethone is part of FinMont’s global strategy to integrate with leading acquirers, payment, fraud, and other providers to offer a unique solution to the travel industry. To learn more about FinMont’s solution, visit their website at www.finmont.com.
Written by: Supaporn Pholrach (Joom)
