Reducing Fraud and Amping up Authorizations: Worldpay and Capital One Share Transaction Data to Optimize Payments
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Worldpay and Capital One have joined forces to optimize payment fraud decisioning and enhance payment security and efficiency with a new data sharing agreement. Worldpay has built a direct connection into Capital One's fraud risk decisioning engine which shares data from individual transactions made using cards issued by Capital One. Worldpay expects this integration within FraudSight, the company’s multi-layered fraud solution, could reduce false positive declines by 40% on average.