Navan and DataVisor partner on real-time fraud detection
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DataVisor, an AI-powered fraud and risk platform, has announced a partnership with business travel and expense platform Navan (NASDAQ: NAVN) to expand real-time fraud detection across Navan's platform, according to a press release from DataVisor.
DataVisor's platform combines rules-based systems with supervised and unsupervised machine learning to identify fraud patterns and emerging threats in high-volume, real-time transaction environments.
Krithika Ramadoss, Vice President of Fraud Strategy at Navan, said: "We needed a fraud platform engineered for the environment our products operate in, which is why we chose DataVisor. Travel, payments, and expenses are increasingly real-time and we are committed to continuously investing to enhance our capabilities and protect our customers."
Yinglian Xie, Co-Founder and President of Technology and AI at DataVisor, said: "As a high-growth digital platform, Navan requires real-time, adaptive fraud protection at scale. This partnership demonstrates the power of AI-driven decisioning to help innovative companies reduce risk while preserving exceptional customer experiences."
Navan operates a business travel and expense management platform and is listed on the Nasdaq exchange. DataVisor is based in Mountain View, Calif., and serves clients in financial services, banking, fintech, and payments sectors.
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