Israeli fintech company Grow, which provides payment solutions to over 60,000 companies, systems, organizations, and businesses in Israel, announced the signing of a technological cooperation agreement with Forter, the Trust Platform for digital commerce. The service will be launched commercially by the end of the year.
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Forter is considered an industry-leader in fraud prevention, monitoring over $1 trillion in transaction value since its start in 2013. Forter's products are relied on by the world's largest brands, such as ASOS, Fiverr, and Priceline.
"We welcome the collaboration with a leading player such as Forter, which will enable us to complete a full protection envelope for our customers," Hagay Altresko, CEO of Grow, explained.
Rom Amir, director of Middle East and Africa at Forter, said, "We are excited to partner with Israel's leading payments company and bring Forter's fraud prevention capabilities to the Israeli market.. Through the collaboration with Grow, Forter will help provide protection to tens of thousands of businesses that suffer from sophisticated and unique fraud in Israel's complex digital market."
