PayPal is the world’s largest online money transfer, billing and payments system. It owns the PayPal, Venmo, iZettle, Xoom, Braintree, and Paydiant brands. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, the PayPal platform is empowering more than 325 million consumers and merchants in more than 200 markets to join and thrive in the global economy.
PayPal’s fraud rate, while well below the industry average, still gives them over 1 billion dollars a year of expsosure. They need to process and analyze more data, faster while minimizing end-user friction. On the back-end, their fraud management platform merges data from customer enrollments, payments, invoicing preferences, and profile data.