Mumbai– In a decisive move mFilterIt, a global leader in digital Ad fraud detection and preventive solutions, has announced a techno-strategic collaboration with Customer PayG Solutions, a pioneer in payment technology services.

In an era where financial crimes are getting sophisticated, this joint venture aims to proactively identify and mitigate risks associated with digital financial transactions to enhance defense machines to combat financial fraud. 

The Core of this collaboration is monitoring and assessing high-risk merchant accounts and the mule networks. By leveraging mFilterIt OSINT capabilities, these assessments enable the identification of threats at an early stage, ensuring that the financial digital platforms remain secure from fraudulent transactions.  

The profound impact is expected to be seen in the BFSI sector. mFilterIt and PayG solutions anticipate a significant reduction in money laundering incidents. This will in turn fortify the digital financial ecosystem.

mFilterIt CEO Amit Relan said, "This partnership marks a significant step in our mission to combat financial crime and enhance the security of the digital economy. By joining forces with a leading payment aggregator like PayG, we are committed to delivering innovative solutions that protect our clients from evolving threats and uphold the integrity of the financial ecosystem."

PayG CTO Shivam Tiwari said, "In collaboration with mFilterIt, we are introducing powerful tools to combat the increasing sophistication of financial fraud. Our joint efforts will provide PayG with unparalleled protection against emerging and existing threats, ensuring a safer and more secure financial environment."