The predictive crypto risk platform has partnered with nSure.ai, a payment fraud prevention platform, to provide secure crypto payments for their users.
Merkle Science, a predictive crypto risk and intelligence platform, has announced their partnership with nSure.ai, an AI-driven payment fraud prevention platform for the crypto segment, to enhance cryptocurrency protection. The partnership aims to reduce crypto crime, combat fraud, and drive crypto adoption through a safer landscape for digital currency.
The partnership benefits nSure.ai’s customers by allowing them to access Merkle Science’s Compass, a behaviour-based blockchain transaction monitoring solution, to allow end users to transact with cryptocurrency confidently. Conversely, Merkle Science’s customers can leverage nSure.ai’s fraud platform to mitigate payment fraud while exchanging fiat for cryptocurrency, optimise new customer onboarding, and scale their businesses.
Both parties hope to create a new era of security within the digital currency space, including
the creation of an end-to-end solution for crypto lifestyle protection, beginning with onboarding and continuing to any on-chain transactions.
“The biggest challenge to crypto adoption is fraud. Merchants and consumers are reluctant to
transact with digital currency in a business environment where crypto fraud is rampant,”
says Merkle Science CEO, Mriganka Pattnaik.
“Our partnership with nSure.ai overcomes this obstacle, enabling both sides of the marketplace to use cryptocurrency with unprecedented security, safety, and, most of all, confidence.”
“As a leading provider in payment fraud prevention, our team at nSure.ai has recognised the growing demand from crypto exchanges and on-ramp players to secure transactions converting fiat into cryptocurrency,” says nSure.ai CEO and co-founder Alex Zeltcer.
“Partnering with Merkle Science and leveraging Compass will ensure that businesses can identify crypto fraud, enable the seamless transactions of legitimate consumers eager to use digital currency for everyday use, and facilitate the successful onboarding on on-ramp partners.”
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