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Headquartered in Israel, an international fintech hub, FinScend is developing a unique solution incorporating both an algorithm and software that works with the Visa®/MasterCard® scheme. When a bank dispute or chargeback request is opened, the solution ensures that a succinct and specific dispute file is generated, which increases the likelihood of positive outcome for the client while reducing processing time and costs for banks. The solution will include management reporting tools and an enterprise user account area, where clients can manage their entire operation. The core technology will be implemented with proprietary tools.