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Nexo Teams Up with Sift for Enhanced Digital Security and User Experience

ID: 1c9343c7-2f8a-5ebe-b298-9506245b90a9

STIX ID: report--1c9343c7-2f8a-5ebe-b298-9506245b90a9

Feed Name: HackRead

Date Published: 2024-02-15

Date Updated: 2026-04-22

Author: Owais Sultan

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Nexo announced a partnership with Sift to enhance fraud prevention and account security for its 6M+ users, adopting Sift’s AI/ML-driven Payment Protection and Account Defense solutions and leveraging insights from Sift’s Global Data Network to reduce payment fraud and account takeovers while accelerating legitimate transactions. The collaboration focuses on improving operational efficiency, minimizing losses from compromised accounts, and strengthening user trust across the crypto ecosystem.

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