Fraud Sciences

regtechauthentication and fraud prevention

STATUS: Acquired/Merged
FOUNDING YEAR:
LOCATION: United States
Last Update: 01/05/2020

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive WhatsApp community where you can engage in discussions with global industry experts!

About

HELP US REIMAGINE MONEY.At PayPal, we believe that now is the time to democratize financial services so that moving and managing money is a right for all citizens, not just the affluent. We are driven by this purpose, and we uphold our cultural values of collaboration, innovation, wellness and inclusion as our guide for making decisions and conducting business every day. It is our duty and privilege to be customer champions and put those we serve at the center of everything we do.We are one team that respects and values diversity of thought for everyone, everywhere, and we actively seek to create an energizing workplace that brings out the best in all of us. If youre ready to shape the future of money, join the team at PayPal. We're proud to work here. You will be too.PayPal is headquartered in San Jose, California and its international headquarters is located in Singapore. More information about the company can be found at www.paypal-media.com.

MEDICI Analysis

Fraud Sciences was acquired by PayPal on Jan 2008, it offers automated anti-fraud systems including SpotLight VFX and SpotLight T2T, merchant solutions that provide transaction verification with fraud prevention.

Focus

PRODUCTS & SERVICES

Verification and fraud prevention tool for online transactions

REVENUE MODEL

The company earns by charging transaction fee after the payment is recieved. For local payments it charges 2.5% + Fixed fee. For international payment it depends on the monthly sales.

Join the exclusive global FinTech community

Be a part of the global FinTech community on WhatsApp