Financial ServicesFraud & Anomaly Detection
Adyen launches Uplift, an AI payment optimization suite piloted by 60 enterprise businesses
Adyen
Adyen Uplift is an AI-powered payment optimization suite trained on Adyen's global transaction dataset of over $1 trillion in payments data, helping businesses increase payment conversion, simplify fraud management and reduce payment costs. The pilot, run with businesses including Patagonia, On, Indeed, NordSecurity and Fubo, showed up to a 6% uplift in payment conversion, up to 5% lower payment processing costs, and an 86% average reduction in manual fraud rules for pilot customers.