Hyperface, the Definitive Credit Cards Innovation platform, has entered into a strategic alliance with Tutelar, an AI-based, no-code Fraud and Risk Management (FRM) solutions provider. Hyperface is a ‘Credit Cards as a Service’ platform that builds comprehensive, digital-first card management programs for banks, fintechs and consumer businesses while Tutelar offers 360-degree fraud prevention, risk and compliance management solutions for fintechs and banks.
As Tutelar joins Hyperface as one its FRM partners, this adds more arsenal to Hyperface’s capabilities with respect to fraud prevention and risk management.
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Statements
Shanthi, President, Tutelar, said, “In a world where there is an increase in sophistication in financial threats, financial institutions are constantly searching for new ways to protect their assets, while safeguarding their client’s interests. Tutelar is committed to empower financial institutions with best-in-class risk prevention solutions. We are very excited about our partnership with Hyperface. This will take Tutelar to marquee banks and fintechs on the issuing side.”
Ramanathan RV, Co-founder and CEO, Hyperface, said, “While India has almost 100 million credit cards today, we still have a significant headroom to grow it given the low penetration levels. The journey to 300 million can be achieved only if the potential risks around card issuance and management are well-managed alongside building innovative card programs, which Hyperface is committed towards.”
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About Tutelar
Tutelar is an AI-based, no-code, fraud prevention and risk management tool that enhances profitability for the user by reducing incidence of financial frauds. Tutelar provides end-to-end protection through the entire life cycle of onboarding, transacting, dispute resolution and compliance. It is designed for clients with both high volumes of transaction and high realisation including Card issuers, Banks, Fintechs, Payment Aggregators, Ecommerce platforms and Travel/Hospitality providers amongst others.
About Hyperface
Hyperface is the ‘The Definitive Credit Cards Innovation Platform’, that empowers banks and brands to offer superlative credit card experiences that drive customer engagement and brand loyalty. From program design and development to technology infrastructure, risk management, and compliance, Hyperface provides everything needed to create, configure, customise and scale a successful credit card program.
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