SCHAUMBURG, IL – NOVEMBER 17, 2022NMI, a leading full commerce-enablement technology company, today announced a product collaboration with Kount, an Equifax Company, and the leader in digital identity trust, fraud, and chargeback prevention, to enhance fraud protection for independent software vendors (ISVs), independent sales organizations (ISOs), and merchant partners.

Kount solutions from Equifax are designed to detect and prevent fraud for e-commerce, m-commerce, and card-not-present transactions. Through this partnership, Kount technology will be made available to NMI’s customer base on top of the company’s proprietary solution, NMI Advanced Fraud Prevention, which sets extensive filters to detect suspicious transactions before they are approved.

Payment fraud is on the rise, considering merchant losses to online payment fraud are expected to exceed $206 billion between 2021 and 2025. Layering Kount technology on top of the NMI Fraud Prevention platform is designed to provide ISVs, ISOs, and merchants with a greater ability to detect and mitigate fraud through the Kount real-time risk analysis and fraud assessment capabilities. This will also be the first third-party solution available in NMI’s App Marketplace and further expands the company’s ability to support full commerce enablement.

"Our collaboration with Kount, an Equifax company, will provide greater value to our partners by giving them an additional safeguard to fight fraudulent transactions," said Nick Starai, Chief Strategy Officer of NMI. “We knew Kount was the right fit for our partner base because of its advanced technical stack. Kount’s adaptive Artificial Intelligence (AI) provides real-time risk analysis, advanced configurable thresholds and end-to-end fraud protection to block or challenge known attacks and suspicious activity all while helping merchants better protect the customer.”

Kount’s AI-driven platform detects and prevents fraud in common online targets such as gift cards, cross-border selling, online charity donations, and account takeover within industries such as travel, jewelry, luxury goods, apparel, electronics, and health and wellness. By leveraging advanced AI and two types of machine learning, Kount solutions work immediately to provide a real-time risk and safety score so that merchants can easily and automatically approve, decline, or challenge transactions

"Kount and NMI share a common commitment to power and protect digital innovation so that more businesses can succeed. Our services complement each other, enabling us to provide end-to-end fraud protection while also delivering more innovation for consumer insights,” said Jared Kernodle, Chief Revenue Officer at Kount, an Equifax company. "By offering our technology together with NMI, we're expanding the number of merchants we can help to enable safer, more secure, and smarter transactions."

For more information on NMI’s marketplace, visit: https://www.nmi.com/solutions/marketplace-apps/kount/ For more information about Kount, an Equifax Company, visit kount.com.

About NMI

NMI is a leading global payment enablement platform, processing more than $200 billion in payments annually. We enable payments for over 3,300 partners and over 274,000 merchants around the world and across the entire commerce ecosystem: online, in-app, mobile, in-store, unattended, and whatever’s next. We’re constantly innovating in order to power the next era of payments, building in the latest technology, so ISVs, ISOs, banks, and fintech innovators can focus on what they do best. NMI has offices in the US and UK and serves global customers.

Media Contact

Maggie Crouch

Walker Sands, for NMI

nmi@walkersands.com

Talk to Our Team

Fill out the form and a member of our team will get in touch with you to go over any questions you have.

NMI Reports Breakout First Half of 2023, Primed for Continued Success and Growth
News

NMI Reports Breakout First Half of 2023, Primed for Continued Success and Growth

The full commerce enablement technology company achieved new partnerships, product enhancements and customer and team growth SCHAUMBURG, IL –... Learn More
AuthVia Press Release
News

AuthVia Press Release

NMI Helps Its Partners Provide Quicker, Easier Payments Through Authvia TXT2PAY® New product offering will be available through NMI’s payment... Learn More
Tiffany Johnson
News

NMI Strengthens Its C-Suite With New Chief Product Officer

Tiffany Johnson joins NMI, bringing more than 15 years of global payment and fintech product leadership experience to the executive team SCHA... Learn More
Finaro, Mastercard, Northmill and NMI Partner To Pioneer First Cloud Commerce Deployment in Europe
News

Finaro, Mastercard, Northmill and NMI Partner To Pioneer First Cloud Commerce Deployment in Europe

Finaro, the global cross-border payment provider and fully licensed bank, has today announced its European Cloud Commerce deployment with paym... Learn More
Old Habits Die Hard: What’s Keeping Consumers Away From Biometric Payments?
News

Old Habits Die Hard: What’s Keeping Consumers Away From Biometric Payments?

Biometric payments are changing the way people pay, both in-store and online. This technology uses biological identifiers, such as a person's ... Learn More
Banks could lose ground to Fintechs by not investing in innovative payment technologies
News

Banks could lose ground to Fintechs by not investing in innovative payment technologies

The fintech space is growing - and there’s no stopping it. Studies estimate that the global fintech market will reach $814 billion by 2030, re... Learn More
NMI arms itself for a tougher economy with acquisitions, partnerships
News

NMI arms itself for a tougher economy with acquisitions, partnerships

Fears of a recession are looming. A recent survey by Provident Bank found that 67% of small to medium-sized businesses believe a recession may... Learn More
NMI AEX PR
News

NMI Acquires Agreement Express’s Payments Solutions, Providing More Value for Partners

SCHAUMBURG, IL – DECEMBER 6, 2022 – NMI, a leading full commerce enablement technology company, has acquired the Agreement Express payments so... Learn More
NMI Kount
News

NMI Partners With Kount, an Equifax Company, to Enhance Advanced Fraud Protection

SCHAUMBURG, IL – NOVEMBER 17, 2022 – NMI, a leading full commerce-enablement technology company, today announced a product collaboration with ... Learn More
NMI IRIS PR Blog image
News

NMI and IRIS CRM Release Instant Gateway and Acquirer Onboarding Integration to Get Merchants Processing Faster

SCHAUMBURG, IL – August 23, 2022 – NMI, a leading full commerce enablement technology company, and IRIS CRM, an NMI company and comprehensive ... Learn More