Two has partnered with Nordic electronics retailer Komplett to launch the region’s first fully integrated Risk-as-a-Service (RaaS) platform, delivering instant, automated credit and fraud decisioning for B2B transactions across Norway, Sweden, and Denmark.
The partnership comes amid a sharp rise in B2B fraud, particularly in high-value sectors such as electronics. The 2025 AFP Payments Fraud and Control Survey revealed that 79% of organisations faced attempted or actual payments fraud in 2024. The total cost of e-commerce fraud is forecast to jump from $44bn in 2024 to $107bn in 2029, with attacks exploiting invoice terms, long payment cycles, and weak identity controls.
Komplett is the first enterprise in the Nordics to adopt Two’s AI-powered, API-first RaaS platform. The solution combines real-time fraud detection, credit scoring, identity verification, and configurable risk rules into one system, enabling faster, safer B2B transactions while reducing operational bottlenecks.
Two CEO & co-founder Andreas Mjelde said, “B2B fraud has evolved rapidly. What was once rare and opportunistic is now systematic, frequent and increasingly clever. Fraudsters are abusing invoice terms, impersonating real businesses and even posing as employees within legitimate companies. With order values often exceeding €5,000, B2B payments have become a prime target. Our work with Komplett shows how AI-powered, real-time decisioning can strike the right balance between control and conversion – all without adding friction.”
“Previously reliant on manual credit assessments and fragmented data sources, Komplett faced onboarding delays and struggled to scale its risk controls. The company was also exposed to various sophisticated fraud types, including abuse of open invoice terms, fake or hijacked business identities, and purchases made by unauthorised individuals within legitimate businesses. Two’s solution replaces these bottlenecks with real-time decisioning and a fully customisable risk management portal, providing Komplett with end-to-end visibility and control without the need for large internal teams.”
Previously dependent on manual credit checks and fragmented data, Komplett struggled with onboarding delays and exposure to fraud schemes such as synthetic businesses and internal impersonation. Two’s RaaS solution automates these processes, allowing Komplett to configure credit limits, verify identities in real-time, and manage risk across multiple markets through a single portal.
Key capabilities include unified fraud and credit screening, configurable risk thresholds, full process automation, and a scalable architecture designed for rapid expansion across the Nordics.
Komplett head of credit Anne Mari Huseby Le said, “The implementation process with Two has been seamless from start to finish. We’ve addressed some of the most complex B2B scenarios – from machine-to-machine orders and migrating hundreds of thousands of existing customers, to handling sub-units of organisations, sole traders in Sweden, and export orders with payers in secondary countries. Together, we’ve built a robust, flexible solution that protects our business and delivers a smoother experience for our customers across the Nordics.”
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