Best Fraud Detection Software - Page 9

Outseer 3-D Secure

Mapping to the latest EMV® 3-D Secure protocol, Outseer 3-D Secure™ is a leading global ACS solution for issuers / issuer processors to fight CNP fraud: • 95% fraud stopped with only 5% intervention • ~1.5 billion 3DS transactions processed annually • ~$200 billion in CNP Payment Volume protected annually • Over $2.2 billion in CNP fraud savings for our customers in 2021 Using our comprehensive CNP 3-D Secure fraud detection and prevention solutions, Outseer customers can benefit from: • higher transaction authorization rates • lower fraud losses, and • higher interchange revenue Achieve secure, profitable growth with the perfect balance of security and experience Digital transformation has helped mobilize a massive shift toward new commerce and payments models. Global eCommerce is growing at double digit rates and forecasted to reach $5.5 trillion in 2022. As these new models scale, fraudsters are also evolving their strategies and organizations need to be prepared to address these growing and evolving threats. Nilson estimates that gross payment card fraud losses will reach more than $34 billion by the end of 20222. According to Aite-Novarica, Card not present (CNP) fraud accounts for over two-thirds of gross fraud losses and is estimated to grow 19.4% by 2023. Solutions need to provide security without sacrificing the user experience. Outseer 3-D Secure™ does just that. Outseer 3-D Secure is a leading global Access Control Server (ACS) solution for issuers and processors to fight CNP fraud. Outseer 3-D Secure maps to the latest EMV® 3-D Secure protocol – the global standard for authenticating CNP digital transactions. Outseer 3-D Secure protected ~$200 billion in payments volume in 2021. Outseer 3-D Secure™ - How It Works Outseer 3-D Secure is an Access Control Server (ACS) for credit and debit card issuers and payments processors. With the Outseer Risk Engine™ at its core, Outseer 3-D Secure transparently evaluates each transaction in real time to determine the probability of fraud vs. genuine transactions. Outseer 3-D Secure allows issuers to provide Visa Secure, Mastercard Identity Check, American Express SafeKey, JCB J/Secure™2.0, and eftpos support. Outseer 3-D Secure delivers a fraud detection rate of 95%, and a low genuine-to-fraud ratio (number of genuine transactions challenged for each confirmed instance of fraud), translating into higher approval rates bottom line growth. Step-up authentications are reserved for instances that truly warrant closer scrutiny, with a global average of approximately 5% requiring intervention. This leaves the vast majority of transactions unimpeded by a verification process. Outseer Risk Engine™ While other providers may offer an ACS, Outseer 3-D Secure is supported by decades of fraud management expertise and deep machine learning capabilities of the Outseer Risk Engine™. The Risk Engine, which is at the core of the Outseer Intelligent Platform,™ is built for precision detection. It enables payment card issuers and processors to leverage the latest functionality as specified by the protocol—and then goes even further. The Outseer Risk Engine analyzes hundreds of data elements including signals coming from the Outseer Global Data Network™, our Partners and our Customers, and uses predictive algorithms to detect and prevent fraud in real-time. It uses an advanced machine learning statistical approach to calculating the risk score. This approach looks at the conditional probability of each event to evaluate if its most likely genuine or fraudulent given the known facts or predictors. All available factors are taken into consideration but weighted according to relevance; the most predictive factors contribute more heavily to the score. The predictive weighting calculations are updated daily based on authentication results, case management feedback, and chargeback data. Step-up authentication options For the small percentage of transactions that are high risk or in violation of your policies, a step-up authentication will be triggered. Outseer 3-D Secure offers out-of-the-box step-up authentication options as well as a flexible interface to integrate with your organization’s own authentication methods. Outseer 3-D Secure™ Policy Manager The Outseer policy management application translates risk intelligence into action. Using our fine-grained policy controls, you can set specific actions to different risk score thresholds based on your risk tolerance and your business objectives. Outseer 3-D Secure™ Configuration Manager This tool allows customers to view, edit and delete parameters impacting the look & feel of the challenge flow via easy-to-use UI tool, this helps customers to roll out changes to their challenge screens rapidly and effectively, reducing their operational costs. Outseer 3-D Secure™ Case Manager The Outseer 3-D Secure™ Case Manager application enables you to track activities that trigger rules and determine if they are fraudulent. You can also use the application to research cases and analyze fraud patterns when revising or developing policy rules. When cases are resolved, you can use the case management UI to provide feedback to the Outseer Risk Engine to help enhance the accuracy of future risk decisions. An available API can be used to extract cases and activities to third party case management systems, and to update case resolution. Outseer 3-D Secure™ Advanced Analytics Outseer solution includes an analytics tool that exposes a dashboard with key metrics such as Fraud Detection Rates, Intervention rates, Transaction volumes and value and much more.

Average Rating: 4.5/5.0

Total Reviews: 1

PaymentKnox

PaymentKnox is the solution for safeguarding all incoming and outgoing business payments from fraud and ensuring that each payment goes to the right bank account. It continuously verifies bank account details to prevent cyberfraudsters from ‘hijacking’ payments or accidentally sending a payment to someone on a global sanctions list. PaymentKnox for Accounts Payable introduces a technology-driven approach that enables organizations to minimize the risk of human error and prevent unauthorized payments. Account Validation - of domestic and international bank accounts through a unique combination of advanced technologies, rigorous validation techniques, and public and private database searches. Master Data Guard - provides an automated and highly secure verification process that ensures that master payee data is current, accurate, and hasn’t been tampered with. Payment Check - continuously scan and analyze payment transactions to ensure that every payment is made only to validated payees and accounts.

Average Rating: 5.0/5.0

Total Reviews: 1

Proofpoint Web Domain Fraud Monitoring

Our Digital Discover solutions protect your brand and the people who trust it from suspicious and infringing social accounts, mobile apps, and domains.

Average Rating: 4.0/5.0

Total Reviews: 1

Resistant Documents

Verify if your documents are real or fraudulent with AI. Resistant AI is the industry-leading document fraud detection software with more than 170M documents analyzed for fraud. Detect fraud in all types of documents: • Bank statements • Pay stubs • IDs • Utility bills • Tax forms • Etc. In all formats (PDFs, images). In all languages. Manually, with a simple drag and drop. Or automatically, using our API. And see if documents are fake, modified and fraudulent, in less than 20 seconds. Detect document fraud in: • Digital lending / Loan underwriting • Customer onboarding (KYC) • Merchant onboarding (KYB) • Tenant screening • Pre employment background checks • Insurance claims And achieve: • 90% less manual reviews • 60% faster fraud checks • 80% of documents approved instantly • 99% accuracy in document verdicts 500+ detectors. 100+ patents. Digital Crime Fighter of the Year. Twice Winner of ACAMS'PwC Hackathon. Backed by GV, Index Ventures, Credo Ventures, Seedcamp.

Average Rating: 5.0/5.0

Total Reviews: 1

Sign3

Businesses need to manage a lot of user infrastructures like authentication, identity verification, user management, security, and fraud prevention. Developing these solutions in-house can increase the go-to-market time, deviation from solving the key problems, security lapses, and frictional user journeys and lead to business losses. To cater to these requirements of an expanding business, we provide a one-stop solution.

Average Rating: 4.5/5.0

Total Reviews: 1

Spec

Spec Customer Journey Security monitors traffic, uncovers hidden links and behaviors, and automatically mitigates fraud and abuse from humans, bots, and AI. Fraud and technical teams reduce fraud and abuse losses by keeping accounts secure, blocking bad transactions, preventing first-party misuse, and winning more chargeback disputes. How Spec Works: - Massive Data Analysis: Spec transforms your website and API traffic into Journey Data—fraud and bot-busting insights that are 14x richer than API-based fraud tools. - Accurate Risk Decisioning: Spec’s Journey Data powers an identity graph and behavioral model that's continually tuned to make accurate decisions for the unique needs of your business. - Automated Protections: Spec automates active protections, including integration triggers, blocks, redirects, and honeypots that catch 99% of fraudulent users and abusive bots before they can do damage in your customer flows. - Continuous Adaptation: The platform continuously learns and updates its models to adapt to evolving threats, ensuring up-to-date protection at all times. - Seamless Integration: Spec Customer Journey Security integrates seamlessly with existing digital infrastructures, providing robust security without requiring significant changes to current systems. The platform scales effortlessly with business growth, ensuring ongoing protection as traffic and transaction volumes increase. Benefits: - Accurate Decisions: Gain the ability to see what others miss, catching fraud and abuse that legacy tools overlook. - Proactive Detection: Protect online experiences by identifying trends before they become problems, staying ahead of evolving fraud threats. - Invisible and Tamper-Proof Protection: Provide a frictionless experience for your good users and leave no trace for attackers to know how you detected them. By leveraging detailed data analysis, real-time decisioning, and automated defenses, Spec Customer Journey Security ensures comprehensive protection against sophisticated fraud and bot activities, enhancing user trust and enabling business growth.

Average Rating: 5.0/5.0

Total Reviews: 1

The Fraud Explorer

The Fraud Explorer is an advanced software solution designed to detect, prevent, and investigate fraudulent activities within organizations. By leveraging the Fraud Triangle theory, it analyzes voice and text communications to identify instances of corruption, fraud, and abuse. The system emulates the deductions made by certified human experts in corporate fraud examination, capturing all employee communications within collaborative tools for future analysis. This data is processed through an analytics platform, providing detailed insights into behaviors and generating automatic deductions based on expert systems. Key Features and Functionality: - Advanced Fraud Detection: Utilizes sophisticated analytics and algorithms to proactively identify potential fraudulent activities. - Real-Time Monitoring: Monitors transactions and activities in real-time, providing instant alerts for suspicious behavior. - Comprehensive Investigation Tools: Offers a suite of tools for in-depth analysis and investigation of fraudulent incidents. - Customizable Dashboards and Reports: Provides customizable dashboards and reports for tracking and visualizing fraud-related data. - Data Integration: Seamlessly integrates with external data sources, offering a holistic view of fraud risks. - User-Friendly Interface: Features an intuitive interface for easy navigation and efficient usage. Primary Value and Problem Solved: The Fraud Explorer empowers organizations to proactively identify and mitigate fraud risks, reducing financial losses and maintaining operational integrity. By analyzing employee communications and behaviors, it uncovers patterns indicative of fraudulent activities, enabling timely interventions. This proactive approach addresses the challenge of undetected fraud, which, according to the Association of Certified Fraud Examiners , can go unnoticed for an average of twelve months.

Average Rating: 5.0/5.0

Total Reviews: 1

ThreatMark

ThreatMark is the future of trust in the digital world. It was founded with a vision of bringing trust to interactions across all digital channels through profound cyber security know-how and latest advancements in AI & Data Analytics. ThreatMark processes a comprehensive set of data inputs to continuously validate user’s identity & their intentions while protecting the user’s most valuable assets. At ThreatMark, we make sure that the entire digital journey (onboarding, authentication, account management, transactions…) is trusted and safe for both end-users and businesses. Major banks use ThreatMark’s deep behavioral profiling engine to analyze vast numbers of user specific data & behavioral traits to precisely identify legitimate users and deny fraudsters in real-time. For banks and their users, ThreatMark enables seamless digital experience that does not require additional authentication nor rely on simple transaction monitoring. ThreatMark goes beyond the industry standards to validate more than 25 million users and over 1 billion logins and transactions yearly. ThreatMark is shifting the paradigm in the digital world with advanced solutions complemented by a dedicated team of fraud specialists & cybersecurity experts working in our Security Operations Center (SOC), who vigilantly watch for new malicious activities throughout the digital landscape.

Average Rating: 3.5/5.0

Total Reviews: 1

Veri-id

Introducing Veri-ID, an innovative fraud and robot detection system leveraging cutting-edge AI models, authentication patterns, and a robust rule engine to assess risk levels. Veri-ID stands at the forefront, not only safeguarding users from online fraud and account takeover (ATO) but also fortifying systems against automated bots and scripts. Versatile in its application, Veri-ID extends its protective capabilities across various domains, including banking, online shopping, money transfers, authentication systems, and more. Rely on Veri-ID to enhance security measures, ensuring a resilient defense against evolving threats across diverse online environments.

Average Rating: 4.0/5.0

Total Reviews: 1

Yapstone

Yapstone provides online payment solutions for marketplaces and software companies around the world. Yapstone has been recognized on the Inc. 5000 list of Fastest-Growing Private Companies for ten consecutive years with customers that include HomeAway, Kigo, and VRBO. The company has raised over $120 million from investors including Premji Invest, Accel Partners, Meritech Capital and MasterCard. Yapstone has offices in Walnut Creek, Santa Monica, and Ireland.

Average Rating: 3.9/5.0

Total Reviews: 12

Accertify Chargeback Management

Account Fraud Defense

HUMAN's Account Fraud Defense is a comprehensive solution designed to protect online accounts from fraudulent activities, including account takeovers and fake account creations. By continuously monitoring post-login activities, it identifies and neutralizes compromised or malicious accounts, ensuring the security and integrity of user data. Key Features and Functionality: - Continuous Monitoring: Evaluates user behavior throughout the account lifecycle, not just at login or transaction points, to detect suspicious activities. - Automated Response Actions: Upon detecting risky behavior, it can automatically trigger actions such as password resets, account locks, or multi-factor authentication challenges without manual intervention. - Intuitive Dashboard: Provides a user-friendly interface for quick investigation of incidents, highlighting key details and offering customizable reports to streamline the review process. Primary Value and Problem Solved: Account Fraud Defense addresses the critical need for robust post-login security by detecting and mitigating fraudulent activities that traditional login-based defenses might miss. By proactively identifying compromised and fake accounts, it helps organizations prevent financial losses, protect sensitive user information, and maintain customer trust. This solution effectively closes the security gap between login and transaction, ensuring a safer online environment for both businesses and their users.

ACI Fraud Management for Banking

Proactive Risk Manager part of ACI's UP Payments Risk Management solution delivers enterprise fraud management capabilities, including advanced machine learning, predictive analytics and expertly defined rules, to help card issuers, acquirers and financial institutions identify and mitigate financial fraud and help reduce the compliance burden.

Acoru

Adaptive Risk Intelligence Platform

Atna AI is an advanced, real-time AI-driven fraud detection platform which proactively prevents and detects fraud across digital channels. Designed for fintech, regulated industries, marketplace, crypto etc Atna.AI empowers businesses to onboard users faster, detect threats earlier, and remain compliant through a scalable, API-first architecture. Atna.AI follows a platform-agnostic approach, where customers bring their existing infrastructure, while Atna.AI provides the intelligence to frame, optimize, and operationalize it for real-world outcomes. We are the orchestration layer for fraud detection and we empower customers with decisions through our explainable outcomes from the dynamic scoring engine This unified solution enhances customer onboarding, reduces fraud, and ensures regulatory compliance. We meet global security and compliance standards, including ISO certification, SOC 2 Type II compliance, GDPR compliance, and CERT-IN VAPT–verified code security. The benefits: Fraud Loss Reduction: Mitigates financial losses from identity fraud, synthetic profiles, and fraudulent claims , Documents and ID’s with proactive, real-time detection. Accelerated Verification: Enables faster, frictionless onboarding and claims adjudication through precision-led automation and AI-powered verification. Regulatory Compliance & Digital Trust: Strengthens adherence to evolving compliance frameworks while fostering digital trust to scale new product lines confidently. Actionable Intelligence: Delivers continuous fraud intelligence, advanced risk scoring, and predictive analytics to drive smarter, data-driven decision-making. Scalable API-First Architecture: Seamlessly integrates across banking, insurance, and fintech ecosystems to future-proof digital operations at enterprise scale. Hybrid Platform: Customers can bring their existing infrastructure, while Atna.AI provides the fraud intelligence to frame, optimize, and operationalize it for real-world outcomes.