Darktrace, a cyber threat defence company, and Paybay, an Italian digital payments firm, have entered into an agreement to integrate their technology platforms to increase the security of Paybay’s digital payment services.
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Under the agreement, Darktrace will install its flagship Enterprise Immune System technology at Tytn, Paybay’s payment and VAS platform, to detect, in real time, potential threats or transaction fraud, reducing risks to its customers.
The integration of Enterprise Immune System technology, powered by advanced machine learning and mathematics, will allow Paybay, a QUI! Group company, to have full visibility of all digital interactions processed by Tytn.
Paybay CEO Pierluigi Simonetta said: "At QUI! Group, we manage over 60 million financial and VAS transactions per month and we are dedicated to providing the best service to our customers, so working with Darktrace is the best way to ensure that we stay up-to-date with new threats and protect all our managed data in a proactive way."
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By GlobalData
