|By Business Wire||
|February 24, 2014 09:04 AM EST||
Curaxian has been named as a finalist for a 2014 PYMNTS Innovator Award in the category of Most Invisible Player. Curaxian is being recognized for innovation that helps merchants and processors identify fraud attacks, develop fraud rules that achieve a target fraud rate while protecting good sales, maximize authorization approvals, and manage interchange costs. This is the third year for this competition, which has seen an exponential increase in participants, and has a submissions, selection and voting process unmatched in intellectual rigor and competitive energy. Judges this year included Janet Estep, NACHA, David Evans, Global Economics Group, Matt Harris, Bain Capital Ventures, Karl Mehta, Menlo Ventures, Hans Morris, General Atlantic, Paul Purcell, Continental Advisors, Dan Rosen, Commerce Ventures, Karen Webster, Market Platform Dynamics & PYMNTS.com and Matt Witheiler, Flybridge Capital Partners.
“We are honored that Curaxian has been named a finalist for the PYMNTS 2014 Innovator Award,” said Mitch Muroff, CEO of Curaxian Inc. “Merchants and processors can benefit from using our comprehensive analytics system to strategically manage fraud and payment operations. We’re excited to offer a service that fills this need and grateful for the acknowledgement we have received from this distinguished panel of judges.”
Voting will remain open thru February 27th at 12 noon EST. Winners will be announced the evening of March 20, 2014 during a live ceremony following the conclusion of The Innovation Project 2014, a two-day program hosted by PYMNTS.com that convenes the most elite innovators and executives to discuss the issues that impact every single player across every single facet of the rapidly changing payments and commerce ecosystem.
“The PYMNTS Innovators Awards is one of the most inspiring aspects of The Innovation Project,” says Karen Webster, CEO of Market Platform Dynamics and President of PYMNTS.com. “It puts innovation front and center and serves as a very visible reminder of the creative spirit and energy that will drive our massively dynamic payments and commerce ecosystem forward.”
The Innovation Project 2014 will be held on March 19-20 at Annenberg Hall on the campus of Harvard University* This year’s theme: Rethink. Reset. Reinvent will address a variety of topics including the reinvention of retail, commerce, the consumer experience, security, digital cash and global commerce.
For more information on Curaxian and Curaxian Analytics visit www.curaxian.com. To see the list of other finalists and to vote, click here, and to request an invitation to participate as a delegate please visit theinnovationproject2014.com.
Curaxian Analytics is a software service that does 3 things: 1) It helps merchants and processors quickly identify fraud attacks and build better rules that find the optimal balance between stopping fraud, protecting good orders, and minimizing manual review volume, and 2) It helps merchants and processors find strategies to increase authorization approval rates, resulting in better customer experience and more revenue, and 3) It quickly identifies shifts in interchange qualification rates, allowing downgrade causes to be identified and resolved quickly and efficiently, thereby cutting payment acceptance costs.
Curaxian’s integration with leading processors makes it easy for merchants to get started, and its payment dashboards allow financial executives to easily keep a pulse on what matters most in their payment operations.
Headquartered in San Francisco, California, Curaxian is an innovative payment software, service, and consulting firm. Curaxian solves strategic, risk management, and operations management challenges in the payments industry.
About The Innovation Project
Over 2 days, 60+ speakers and 600 senior members of the payments industry will change the way that the payments and its broader commerce ecosystem thinks, talks, delivers and ignites innovation. On March 19th & 20th the greatest minds in commerce and payments will assemble at Annenberg Hall in Memorial Hall on the Campus of Harvard University* near Boston to kick the conversation about innovation up to an entirely different level at The Innovation Project. Speakers and delegates are among the most senior executives from literally every established payments company worldwide.
PYMNTS.com is reinventing the way in which companies in payments share relevant information about the initiatives that shape the future of commerce and make news. This powerful B2B platform is the #1 site for the payments industry by traffic and the premier source of information about “what’s next” in payments. C-suite and VP level executives read it daily for these insights, making the PYMNTS.com audience the most valuable in the industry. It provides an interactive platform for companies to demonstrate thought leadership, popularize products and, most importantly, capture the mindshare of global decision-makers. It’s where the best minds and best content meet on the web.
*Please note that The Innovation Project and PYMNTS.com are not affiliated with Harvard University, nor is the Innovation Project 2014 a Harvard University program or activity.