
- In the latest development, the company has acquired Bouncer, a startup based in Oakland that has built a platform to automatically run card authentications and detect fraud in card-based online transactions.
- Its technology is tailored for mobile transactions and includes a flow to help users authenticate themselves if they are mistakenly flagged, to come back into an app legitimately (hence the name).
- Terms of the deal are not being disclosed, but Stripe is acquiring both Bouncer’s technology and the team, which will be integrated into Stripe Radar.
TECHCRUNCH.COM17 May, 2021