“Stripe, a global technology company that builds economic infrastructure for the internet, announced today it has acquired Bouncer , a company building card authentication technology to reduce fraud during online transactions. Bouncer’s team and technology will join Stripe to further enhance the capabilities of Radar, Stripe’s powerful, machine-learning-based fraud prevention tool. Bouncer’s card scanning and risk technology is used to help online businesses reduce fraud and authenticate cards. Bouncer will be integrated into Stripe Radar, a fraud prevention tool whose machine learning models are trained on purchases made at millions of companies around the world every day.”
