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IndustryUpdate

Netguardians, Palawanpay vider, added Greenlite to its Partner Marketplace, offer-
team up on fraud protection ing banks an AI-powered tool to enhance anti-money
laundering (AML) and risk management by automating
Swiss FinTech NetGuardians partnered with PalawanPay, workflows. Treasury Prime CEO Chris Dean empha-
an e-wallet provider in the Philippines committed to sized that the company's Bank-Direct model allows
safe, efficient transactions, to enhance fraud prevention banks to maintain compliance oversight while efficiently
measures. Specializing in AI-driven fraud detection onboarding fintech partners. Greenlite, using genera-
solutions, NetGuardians prides itself on helping clients tive AI, helps financial institutions meet OCC, SEC, and
worldwide detect fraud in real-time while minimiz- FDIC standards by automating customer due diligence
ing false alerts. The partnership allows PalawanPay to and risk assessments, the partners said.
protect customers' funds and reduce fraud investigation
costs by up to 75 percent, the partners stated. Worldline, OPP unveil embedded
payments solution
Ordoro, Onramp to help online sellers finance inventory
Worldline and Online Payment Platform launched an
Ordoro Inc., a specialist in shipping and inventory embedded payments solution tailored for platforms and
management, partnered with Onramp Funds to support marketplaces in Europe. By combining OPP's special-
ecommerce sellers during the holiday season. This col- ized platform technology with Worldline's expertise
laboration provides sellers with Ordoro's streamlined in acquiring and POS capabilities, this solution offers
fulfillment tools and Onramp's fast, flexible funding essential features like split payments, escrow and media-
tailored to sales performance, ensuring inventory stays tion, enabling seamless transactions across multiple
stocked during peak demand, the partners stated. The currencies, the partners stated. A turnkey model with
partnership, they added, empowers merchants to handle strong compliance and onboarding support, Embedded
high-volume orders and manage cash flow stress-free. Payments provides platforms rapid deployment and
comprehensive support across EU and UK markets, they
Sezzle, Shoplazza team up on flexible payments added.
Sezzle Inc. partnered with ecommerce platform
Shoplazza to offer flexible payment options designed ACQUISITIONS
to enhance the shopping experience for U.S. customers
and drive growth for Shoplazza merchants. Through Socure to acquire Effectiv
Sezzle's buy now, pay later service, shoppers can man-
age their budgets with Pay in 4 and Pay in 2 loans issued Socure, a leader in digital identity verification and
by WebBank. This collaboration aims to increase sales, fraud prevention, is set to acquire real-time risk deci-
boost average order values, and reduce cart abandon- sioning company Effectiv for $136 million, expanding
ment by offering manageable installment payments. Socure's capabilities across the entire customer life-
Additionally, Sezzle's credit-building feature, Sezzle Up, cycle. Effectiv's platform features AI-powered decision-
supports financial wellness, fostering customer loyalty making and transaction-level fraud solutions, enabling
and accessibility in ecommerce, the partners stated. seamless integration of identity, payment and compli-
ance risk controls, Socure stated, adding that with this
Shift4, Mesh to offer crypto acquisition, it can provide a unified view of identity
payments in 45+ countries and risk to enhance fraud detection at every customer
interaction. Effectiv's founders and team will join Socure
Mesh integrated with Shift4, allowing Shift4 merchants and are expected to accelerate development of a scalable,
to accept cryptocurrency payments worldwide. Shift4 comprehensive fraud prevention solution for global
said it is now the first global payments leader to offer enterprise clients.
seamless crypto acceptance, converting crypto to local
currencies instantly through Mesh's secure API infra- APPOINTMENTS
structure, simplifying transactions and reducing con-
version risks. With demand for crypto payments grow-
ing, Shift4's new feature caters to this need, enabling Payouts Network appoints Jon Anderson
merchants like TAO Group and BLADE to offer crypto
payment options, the company stated. Backed by $45 Payouts Network appointed Jon Anderson as its chief
million from investors including PayPal Ventures, Mesh financial officer, bringing his extensive experience in
is advancing its position in the crypto industry with key financial strategy and team leadership to the company.
partnerships, the partners noted. Known for guiding companies through public offer-
ings and financial integrations, Anderson previously
Treasury Prime adds Greenlight to its marketplace served as senior vice president and corporate control-
ler at Netspend, overseeing its IPO and major acqui-
Treasury Prime, an embedded banking software pro- sitions. His background includes CFO/COO roles at

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