Simility Press Room

Vanita Pandey, Senior Director for product strategy and marketing at Simility, shares how adaptive fraud prevention solutions can uncover the use of stolen and synthetic identity credentials during the onboarding process in the featured PayPers editorial. Read now for more insights.

Check out Rahul Pangam's article, 'Complex Fraud Threats Call for Adaptive Decisioning Tools' in the latest Paypers Web Fraud Prevention, Identity Verification & Authentication Guide 2018-19.

Vanita Pandey, Senior Director of marketing and product strategy for Simility, shares how data-lake based fraud prevention can help businesses gain competitive advantage in this PayPers article. Check it out, for more insights!

Businesses need to harness disparate data sources with machine learning to unravel ever evolving complex fraud. For more insights, check out Rahul Pangam's recent article that appeared in The Times Fraud report.

Latest update delivers enhanced decisioning for identity proofing, trade surveillance and transaction monitoring.

Payments giant PayPal is buying fraud prevention platform Simility Systems for $120m in cash in order to help protect its 237m users. The acquisition comes just weeks after PayPal acquired Swedish mobile payments platform iZettle for $2.2bn.

PayPal Holdings has said it will buy Palo Alto and Hyderabad based Simility, a fraud prevention and risk management platform, for $120 million in cash. The acquisition of Simility will enhance PayPal’s ability to deliver fraud prevention and risk management solutions to merchants globally.

Payment provider PayPal continues apace with its acquisitions streak to bring more modern tools into its platform to serve its 237 million customers. Today the company announced that it is buying Simility, a fraud prevention specialist, for $120 million in cash.

PayPal Holdings Inc. announced its fourth acquisition in a little more than a month Thursday with a $120 million agreement to buy fraud prevention startup Simility Inc.
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