|
Spade Partners with Stripe to Unlock Real-Time Merchant Intelligence
Thursday, February 20, 2025
Innovators building with Stripe can now access Spade's merchant intelligence via Stripe Issuing to gain enhanced transaction visibility, complete with merchant logos, names, locations, and categories.
NEW YORK, Feb. 12, 2025 /PRNewswire/ -- Spade, the fastest and most accurate provider of real-time merchant intelligence for the card ecosystem, will partner with Stripe to power enriched merchant data.
Innovators building with Stripe can now access Spade's merchant intelligence via Stripe Issuing.Spade provides real-time merchant intelligence for the card ecosystem by linking every transaction to a verified merchant identity. In less than 50ms, Spade provides granular merchant, category, and geographic data on transactions, information that is critical to giving Stripe Issuing customers unprecedented visibility, security, and control over their card programs.
Stripe is working with Spade to access accurate merchant names, categories, and geolocation details, so card issuers can improve their authorization rates, reduce chargebacks, proactively mitigate fraud, and better understand how their cardholders spend their money.
For Stripe, it is essential to constantly improve the data that underpins its payments processing platform, especially when it comes to the growing Stripe Issuing product responsible for over 200 million credit cards in the market. After rigorous testing and evaluation of dozens of providers, Stripe selected Spade as its merchant intelligence provider because they offer the most accurate, performant and comprehensive solution - the most critical metrics that allow Stripe to continue delivering trusted payment services. Stripe and Spade will continue collaborating to explore new use cases, using these valuable merchant insights to help customers deliver exceptional experiences.
Stripe customers have indicated that key priorities on their innovation roadmaps will heavily rely on the ability to access real-time rich and accurate merchant data. Stripe customers can now access Spade's enriched data directly via the Stripe Issuing API. This data can be used for various high-value use cases, including transaction enrichment, fraud detection, spend insights, and more.
"Our work with Stripe will further improve the card experience for countless companies," said Oban MacTavish, CEO and co-founder, Spade. "Our merchant intelligence is proven to reduce fraud and disputes and help businesses approve more transactions to generate millions in revenue each year. We're thrilled that Stripe saw the importance of merchant intelligence and chose to work with Spade to get these benefits into the hands of some of the world's most ambitious and innovative companies."
About Spade
Spade provides real-time merchant intelligence for the card ecosystem. Spade leverages its ground truth database to link any card transaction to a real merchant identity - providing granular merchant, category, and geolocation information. Spade leads the market in terms of merchant coverage, geolocation matching accuracy, and speed of transaction enrichment. Customers such as Corpay, Mercury, and Stripe trust Spade's data to authorize more transactions, prevent fraud, and build more innovative features.
View original content to download multimedia:https://www.prnewswire.com/news-releases/spade-partners-with-stripe-to-unlock-real-time-merchant-intelligence-302374097.html
SOURCE Spade
|
|
|
|
|
|
 |
OrthoMinds, LLC Provides Notice of a Data Security Event | Mar 28, 2025
|
|
ISSAQUAH FINANCIAL PROVIDES NOTICE OF POTENTIAL DATA EVENT | Mar 28, 2025
|
|
Foregoing Banking-as-a-Service: Case study concludes Current's core banking technology provides a key edge in the market | Mar 28, 2025
|
|
O'Shaughnessy Ventures Launches Infinite Books, Names Bestselling Author Jimmy Soni as CEO and Editor in Chief | Mar 28, 2025
|
|
Weekly Recap: 10 Finance Press Releases You Need to See | Mar 28, 2025
|
|
Disrupting Digital Identity: Sentry's Biometric Solution to Stop Fraud | Mar 28, 2025
|
|
Xojo 2025r1 Launches with Linux ARM Support, Web Drag and Drop and Direct App Store Submission | Mar 28, 2025
|
|
Asknoypi: The Ultimate Web Directory Transforming Online Visibility for Businesses | Mar 28, 2025
|
|
Earnest Analytics launches AI-powered data summaries in its online platform, Dash | Mar 28, 2025
|
|
Canon Announces V1 Digital Camera, Reboots Compact Lineup with Video Centric PowerShot V1 Camera, YouTube First Look Video and More Info at B&H | Mar 28, 2025
|
|
|
|
