The need for a cutting-edge, real-time fraud solution has never been so critical as it is now. The world has seen an unprecedented switch from CP (cardholder present), CNP (cardholder not present) to online transactions, which has massively changed the patterns of fraudulent activity for OLTP (online transaction processing). Organizations that process online payments need the agility to rapidly counteract this industry swing. Lusis Payments is in the perfect position to help you achieve this.
The Changing Retail Banking Landscape Across the retail banking sector, every acquiring and issuing payments environment must have the dexterity to manage all of these activities while meeting strict compliance guidelines, managing data and IT cybersecurity, and more.
Ultra-intelligent and safe financial fraud and payments systems are a prerequisite for any modern economy. They enable everyday transactions, thus providing the foundation for commerce and trade.
Over time, all payments ecosystems globally have developed inefficiencies and lost some of their ability to innovate and adapt to the changing needs of end-users. The platforms tend to be old, outdated systems that have inefficiently evolved together over time. And fraudsters love this — it's “easy pickings” for them.
The Solution: Tango AIF™ by Lusis
By deploying Lusis AI Fraud powered by Tango (Tango AIF™) you will get the leading-edge solution for fraud monitoring, detection and action — technology that provides the latest methods for processing secure transactions, irrespective of source, nature or market segment.
Tighter payments regulations; evolving platforms, and new initiatives, such as PSD2, GDPR and 3DS2.0, etc., require advanced fraud technology. That is why implementing a solution like Tango AIF to enrich detection to combat fraud is critical. As service providers, retail banking organizations need to maintain control over these issues while upholding compliance and protecting revenues.
TANGO AI Fraud is a state-of-the-art machine learning AI platform by Lusis that complements the TANGO microservices payment platform.
LONDON & PARIS — Lusis Payments, leading global innovator of mission-critical payments software and data science technology, is pleased to announce the appointment of Chris Curd who joins the company as the Fraud Sales Director responsible for the promotion and sales of Lusis’ new TANGO AI Fraud solution.
Lusis’ TANGO is for mission-critical 24x7 businesses, utilised for payments, retail, loyalty, finance, fraud, utilities, and telco. TANGO AI Fraud is a state-of-the-art machine learning AI solution by Lusis, built to extend the capabilities of TANGO microservices platform. Using the latest technology, TANGO AI Fraud evolves and learns customer algorithms to detect and deter fraud occurrences on the accounts.
“I am highly excited to be joining Lusis at this time as the products and architecture are at the cutting edge of fraud management. Lusis is a well-renowned company with a team that truly understands what is needed to keep customers protected. I’m pleased to be part of the team that delivers world class services to clients,” said Chris Curd an experienced technology sales professional. Curd has enjoyed considerable success in the fraud and payments industry, working with tier one blue chip companies. He is known throughout the industry for his fraud knowledge and expertise, with a strong empathy to clients helping them reduce fraud and maximise revenues.
Chris Black, Head of Sales, EMEA commented “We are very pleased to welcome Chris into Lusis Payments to spearhead sales of Lusis’ state-of-the-art TANGO AI Fraud solution. My colleagues and I are eager to work with him to provide the best fraud protection services in the industry. Chris has ideal experience for the role and an exacting track record in the fraud industry. He will be a great asset to Lusis and our clients.”
Lusis Continues Global Expansion with Launch of Canadian Facility
SAN FRANCISCO & PARIS — Lusis Payments, a global innovator of mission-critical payments software and data science technology, is pleased to announce its first North American support center. The new office is opening June 1st in Toronto Canada.
Lusis is best known for its TANGO solution, an online transaction processing engine for mission-critical 24x7 solutions including payments, retail, loyalty, finance, fraud, utilities, and transport. TANGO delivers performance, availability, and scalability, with a rich set of functionalities, all from a single architecture. TANGO is built on a highly performing micro-service architecture providing agile delivery for business needs. Lusis has also made significant advancements in Data Science, Artificial Intelligence, FX Trading, ISO 20022, Fraud and Blockchain.
“Lusis Payments is pleased to launch its first North American support center. The support center will be based in Toronto Canada and will be comprised of fresh talent and experienced expert engineers who are fully trained on TANGO. This will contribute to project success in local support for our production systems,” said Philippe Preval, President and CEO of Lusis Payments. "North America is now our primary market. The new support center is a major step in solidifying our footprint in North America.” Until recently, Lusis had only sales and consulting teams in North America. The addition of this facility and the team being assembled will dramatically accelerate new and current project deployments of TANGO.
“We are very happy to achieve this milestone which has been brought on by our success with North American companies. We look forward to new challenges with enthusiasm and determination," added Preval.
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