Ekata, a Mastercard company is proud to announce that we have received the award for the “Most Innovative Online Retail Risk Management Solution” at the 2023 Australian Fraud Awards.
The 2023 Australian Fraud Awards were sponsored by Sensormatic and the awards ceremony was held after the Retail Risk conference at Accor Stadium, Sydney on 9 February 2023.
Winning the award affirms the innovative approach taken to retail risk challenges, with our solutions addressing online retail problems such as promo abuse and synthetic identities. We help merchants reduce the number of fraudulent transactions to prevent financial losses and improve the bottom line. Our account opening solution helps to verify and onboard legitimate customers, with an additional aim of protecting the business by reducing high-risk transactions.
Nicholas Stipp, VP & GM Asia Pacific at Ekata, a Mastercard company said: “We are very pleased that Ekata’s solutions are recognized by the Australian Fraud Awards as an Innovative Online Retail Risk Management Solution, especially among other industry leaders. This award reflects the excellent work and dedication that the APAC Ekata team has been putting in, as well as the quality of Ekata’s solutions. We are grateful for the acknowledgement and will continue to ensure that our solutions provide the best value for our customers as we investigate and fight fraud on a global scale.”