How to Choose Between the Equifax Kount AI 640M and Equifax Kount AA 640M
You may be wondering how to decide between the Equifax kount ai id 640m luminatebrienventurebeat. The first step is to decide what your goals are. Do you want fewer chargebacks and fewer frauds? If so, Kount may be right for you.
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Equifax kount ai id 640m luminatebrienventurebeat is an AI-driven fraud prevention and digital identity platform. The company was recently acquired by Equifax for $640 million. The acquisition will help the company extend its global footprint and offer better fraud prevention and identity protection solutions. Kount uses AI-driven insights and signals to protect against digital fraud in real-time.
The company’s artificial-intelligence (AI)-powered platform is able to analyze 32 billion transactions across 17 billion devices. It also provides predictive analytics to identify fraud patterns before they can impact financial outcomes. The company is aiming to integrate Kount’s systems with Equifax’s Luminate platform, which orchestrates multiple solutions and machine-learning capabilities.
Founded in 2007, Kount has extensive experience in machine learning and artificial intelligence. Its AI evaluates each identity to ensure its reliability and trustworthiness. This reduces fraud and chargeback rates.
After the acquisition of Kount, Equifax will add Kount to its Luminate platform, which uses machine learning and artificial intelligence to detect fraudulent transactions. The new company will continue to operate from its original location in Boise, Idaho. It will retain the majority of its employees and join Equifax’s information solutions business unit. The acquisition is expected to close in the first quarter of 2018.
Using the Kount identity trust global network, the company delivers real-time fraud prevention for leading brands and enterprises. Its AI connects 32 billion digital interactions, 17 billion devices, and 5 billion annual transactions to detect and mitigate fraud. Using this information, Kount enables personalized user experiences, improves customer service, and reduces digital fraud. To know more about Equifax kount ai id 640m luminatebrienventurebeat just follow us.