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0 -0.00063023318627899 -0.000900333123255681 -0.00630233186278926 -0.0111641307283696 -0.00652741514360321 -0.0056720986765104 -0.0056720986765104
Stock impact report

Euronet (EEFT) Enhances Ren Payments Platform With Acquisition [Yahoo! Finance]

Euronet Worldwide, Inc. (EEFT) 
Last euronet worldwide, inc. earnings: 4/28 09:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.euronetworldwide.com
Company Research Source: Yahoo! Finance
Infinitium's products will provide additional protection from customer fraud and merchant chargebacks for online transactions. This move bodes well for EEFT, as an enhanced level of protection will secure payments through its network. The details of the transaction were not disclosed. Infinitium provides payment authentication and risk management services, such as 3D Secure, helping detect fraud in e-commerce transactions. Such an authentication enhances security and reduces the possibility of unauthorized transactions. Infinitium also offers merchants and acquirers omnichannel payment gateway services. This move is a time opportune one as regulators in India, the European Union, Singapore, and other countries have already made 3DS mandatory for extra protection against merchant chargebacks and frauds. Although Latin America and the United States have not made this compulsory yet, an enhancement of security is a good strategy, given rising fraud rates. Earlier this month, EEFT e Show less Read more
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