Ekata APAC Honoured at 2023 Australian Fraud Awards with Highly Commended Award for the “Most Innovative Online Retail Risk Management Solution”



Australian Fraud Awards Most Innovative Online Retail Risk Management Solution

Ekata, a Mastercard company is proud to announce that we have received the Highly Commended award for the Most Innovative Online Retail Risk Management Solution at the 2023 Australian Fraud Awards, as we grow towards becoming a leader in Australia’s fintech space.

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 Most Innovative Online Retail Risk Management Solution award affirms the innovative approach that Ekata takes to well-established retail risk challenges, with our awarded solutions addressing online retail problems such as promo abuse and synthetic IDs. We help merchants reduce the number of fraudulent transactions to prevent financial losses and improve the bottom line. Ekata’s 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 recognised 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.”

Ekata, a Mastercard company, was founded a decade ago and now empowers more than 2,000 customers across the globe to combat fraud and empowers seamless experiences for their consumers. Ekata Australia will continue to be committed to fight retail risk with our innovative solutions.

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