Densan System's choice to integrate SEON's solution demonstrates its dedication to maintaining the highest security standards throughout its innovative PayLabo platform. The recently introduced platform provides a wide range of payment services customized for users in the Asia-Pacific area, assisting in the combination of many payment methods into a single, easy-to-use solution.

PayLabo users can take advantage of this ease without worrying about security trade-offs thanks to SEON's assistance. In order to offer PayLabo users end-to-end cybersecurity support, the company's multi-layered fraud prevention solution makes use of machine learning and a true artificial intelligence brain. This support includes transaction monitoring, device fingerprinting, and pertinent risk assessments intended to lessen the likelihood of unauthorized use.

With its collaboration with Densan System, SEON introduces itself to a payment service provider's (PSP) platform for the first time in Japan, despite servicing more than 5,000 clients in 30 countries. Like people in other areas of the world, people and businesses in this region depend more and more on cashless transactions to navigate the world of digital commerce; as a result, they want reliable payment options.

The PayLabo platform has been able to provide this to users from its start thanks to SEON's assistance. The platform has been able to fend off contemporary fraud attempts thanks to SEON's scalable end-to-end solution, all without needlessly complicating the payment process.As a result, PayLabo is now able to satisfy customer expectations for convenience and speed of payment while guaranteeing secure transactions and preventing account takeovers.

CEO and co-founder of SEON Tamás Kádár expressed his excitement about the new relationship by saying, "I'm very excited to see SEON's solution onboarded by a major player in the Japanese market, such as Densan System." Our goal is to assist companies in the area in realizing the best possible outcomes in terms of cybersecurity and fraud protection. With the help of SEON, that goal is achievable. An excellent illustration of that in action is this project.

We currently employ more than 150 product development engineers to continue developing and improving our ground-breaking system. As a company, we perform more than 100 million fraud checks monthly and more than six million fraud checks daily. We are providing a helping hand to businesses worldwide so they can tackle this expanding problem, which continues to impact firms in a variety of industries.
 

Building on the positive announcement of a cooperation, SEON is currently well-positioned to achieve further expansion in the worldwide payments industry. This enterprise is viable, as demonstrated by the company's track record of successfully scaling operations in North America and Europe. Additionally, it appears that SEON's noteworthy contributions to the PayLabo platform will greatly aid in the company's growth.