Tik Tek taps Accertify to deliver fraud protection to Latin American banks

Monday, November 7, 2011

Online fraud prevention firm Accertify, an American Express company, has signed an agreement to layer its solution upon Tik Tek Solutions' payment processing system for banks in Mexico, Latin America and the Caribbean, the companies said in a joint statement.

In addition, Tik Tek Solutions will incorporate Accertify's fraud prevention platform into its new mobile payment solution for smartphones, still under development.

Accertify's platform is also expected to reduce the time Tik Tek spends investigating legitimate transactions across all payment channels, allowing their staff to focus on customer support.

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