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Fraud Protection reviews by real, verified users. Find unbiased ratings on user satisfaction, features, and price based on the most reviews available anywhere.

Best Fraud Protection Software

Fraud Protection, or Fraud Management, software helps e-commerce businesses detect high-risk transactions and analyze risk factors in order to prevent and reduce fraudulent customer behavior. Fraud protection software reduces e-commerce businesses’ susceptibility to fraudulent product orders by applying algorithm-based analysis to data sources to assess the potential risk of each transaction. E-commerce businesses are particularly susceptible to fraudulent and suspicious transactions because orders are placed on a website or mobile device. Fraud prevention software analyzes information from many sources before recommending approval or rejection of customer profiles. The software identifies anomalies and prevents potential chargebacks and lost revenue. Fraud protection software integrates with e-commerce platforms and behavioral and predictive analytics software.

To qualify for inclusion in the Fraud Protection category, a product must:

Proactively monitor for possible fraudulent or high-risk activity
Identify and analyze customer purchasing behavior
Comply with regulations and standards of evaluating fraud.
Protect sensitive and confidential customer information.
Have a process that authenticates, approves, or declines high-risk activity

Top 10 Fraud Protection Software

  • ClearSale
  • Signifyd
  • Riskified
  • Kount
  • IDVision with iovation
  • SEON. Fraud Fighters
  • Bolt
  • Sift
  • Stripe Radar
  • Ekata

Compare Fraud Protection Software

G2 takes pride in showing unbiased reviews on user satisfaction in our ratings and reports. We do not allow paid placements in any of our ratings, rankings, or reports. Learn about our scoring methodologies.
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(122)4.7 out of 5

ClearSale is the most complete e-Commerce fraud protection solution with highest order approval rates, lowest false declines, and happiest customers. ClearSale is a proven fraud partner: (1) More than 3,000 direct customers; (2) More than 99% customer retention rate; (3) Trusted by brands like Walmart, Chanel, Sony, and many more; (4) 24/7/365 technical support; (5) The first company to offer chargeback guarantee in the early 2000s; (6) The only company with 18+ years’ experience delivering fu

(218)4.6 out of 5
Optimized for quick response

Signifyd uses big data and machine learning to take on liability for fraud so online merchants can provide their customers with friction-free buying experiences, free from false positives and orders delayed by fraud reviews.

(180)4.4 out of 5
Optimized for quick response

Riskified improves global eCommerce for the world’s largest brands. Inaccurate eCommerce fraud prevention costs businesses billions in chargebacks, overhead and unnecessarily declined orders. Riskified uses powerful machine-learning algorithms to instantly recognize good customers and weed out bad with a 100% chargeback guarantee. Merchants can safely approve more orders, expand internationally and eliminate the costs of fraud while providing a frictionless customer experience.

(77)4.8 out of 5

Kount’s AI-driven Identity Trust Platform protects the complete customer journey for more than 9,000 leading brands and payment processors. Powered by its Identity Trust Global Network ™, Kount, An Equifax Company, links billions of trust and fraud signals to protect every interaction – from account creation and login to payments and disputes. Businesses use Kount to increase approval rates, reduce chargebacks, stop bot attacks, prevent account takeover, and manage disputes – all within a sin

(66)4.5 out of 5
Optimized for quick response

TransUnion’s IDVision with iovation fraud and identity suite of solutions unite both consumer and device identities to detect threats across markets while ensuring friction-right user experiences. IDVision with iovation fuse traditional data science with machine learning to provide businesses unique insights about consumer transactions, safeguarding tens of millions of transactions each day.

(54)4.8 out of 5

SEON reduces the costs, time and resources lost to fraud. Whether you are a global leader or a new startup, our modular fraud tools adapt to how you do business, and how you manage risk. Automate decisioning, accelerate manual reviews, and more importantly, grow your business with complete peace of mind as you: • Get a full picture of your online users • Improve compliance with regulations • Reduce chargebacks, transaction fraud and bonus abuse • Perform frictionless KYC checks • Streamli

(39)4.7 out of 5

Bolt is on a mission to perfect the checkout experience for online retailers and make sure nothing gets in the way when shoppers decide to buy. Bolt’s mobile-optimized checkout is coupled with a unique approach to fraud detection that approves more good orders. By converting more shoppers into customers Bolt has become the proven choice of customer-obsessed retailers.

(39)4.5 out of 5
Optimized for quick response

Sift, formerly Sift Science, empowers companies of all sizes to unlock revenue without risk. Industry leaders like Twitter, Airbnb, and Twilio rely on Sift to stay competitive and secure. Sift prevents fraud with industry-leading technology and expertise, an unrivaled global data network, and a commitment to building long-term partnerships with our customers. Our Digital Trust & Safety Suite prevents fraudulent payments, fake accounts, spam, scams, and account takeover while reducing false

(14)4.5 out of 5

Stripe Radar enables real-time fraud detection through advanced machine learning technology, and allows businesses to effectively combat fraud while adapting to each customer's unique payments profile.

(14)4.7 out of 5

Ekata provides global identity verification solutions via enterprise-grade APIs for automated decisioning, and Pro Insight, a SaaS solution for manual review for cross-border businesses to grow revenue by maximizing their predictability of good transactions. Ekata’s product suite is powered by the Ekata Identity Engine (EIE), the first and only cross-border identity verification engine of its kind. It uses complex machine learning algorithms across the five core consumer attributes of email, pho

(13)5.0 out of 5

Fraud.net is the leading fraud prevention platform for digital enterprises in the e-commerce, travel and financial services sectors. Its unified algorithmic architecture combines: ● cognitive computing/deep learning, ● collective intelligence, ● rules-based decision engines, and ● streaming analytics ...to detect fraud in real-time, at scale. Fraud.net is the only cloud-based "glass-box" system, offering a full and transparent presentation of the data, statis

(12)3.5 out of 5

Radial, Inc., a bpost group company, is the leader in omnichannel commerce technology and operations. Premier brands around the world confidently partner with Radial to deliver their brand promises, anticipate and respond to industry disruption, and compete in a rapidly evolving market. Radial’s innovative solutions connect retailers and customers through advanced omnichannel technologies, intelligent payments and fraud protection, efficient fulfillment, supply chain services, and insightful cus

(23)5.0 out of 5
Entry Level Price:$49/mo 1 User

The SoftwareKey System is a complete, turnkey solution for software licensing, online license management, automated online software activation and optionally selling software online. This system is comprised of two parts, a licensing client and a licensing server, which work together to maximize your software licensing revenue but automating the entire license management lifecycle. This seamless and powerful client-server combination is suitable for a one-person operation or a sophisticated team

(15)4.9 out of 5
Optimized for quick response

PayMotion® is a World Leading Subscription-Management Software, White-labeled Payments, for your SaaS, Subscription Box, IoT, Digital Goods, Gaming, or eCommerce business: • Subscription Mgmt; Semi-Automation Chargeback Mgmt; Your Branding; Real-time Reports; • Ready-to-Run; Secure Payments, Flexible & Supported (Fully-Hosted, & Dev-API available); • Get our Team! +End-to-End Services, to Easily Accept Payments; Anytime, Any-device! PayMotion® is a comprehensive, fully-optimized payme

(11)4.9 out of 5

Nethone is a Machine Learning-based fraud prevention Software-as-a-Service company that allows online merchants to holistically understand their end-users---also referred to as “Know Your Users (KYU)” in industry parlance. With cutting edge Machine Learning technology, Nethone provides the customised all-in-one risk management tool: - online fraud detection on credit cards and prevention of chargeback fraud, - real-time adaptive business intelligence tools for customer segmentation and retenti

(13)4.5 out of 5
Optimized for quick response
Entry Level Price:$0.10 per match

Pipl is the online identity information company, providing unmatched global coverage with an index of over 3 billion identities, corroborated across more than 25 billion records. Pipl SEARCH, our SaaS web interface, functions like a search engine designed to uncover identity information, which it returns in the form of an online identity – a robust, highly interconnected collection of publicly available data that goes back decades, organized in an easy-to-use format. Pipl API allows organizat

(7)4.6 out of 5

Fraud and identity management solution for industries.

(13)4.7 out of 5
Optimized for quick response
Entry Level Price:$0

Xelix is the world's first invoice intelligence platform. It seamlessly connects with all ERP system(s) to supercharge your defences against overpayment errors and fraudulent attacks. Xelix surfaces high-risk transactions in real-time, meaning threats and errors can be investigated and corrected, prior to payments leaving the business. The Xelix platform gets smarter at learning the rules and nuances of each business over time which minimises the volume of false positives. What's more, Xelix of

(9)4.7 out of 5
Optimized for quick response

FCase is an end-to-end Fraud Orchestrator. Taking fraud management systems from basic, standalone detection to an enterprise-focused approach. This holistic view of fraud data allows standardizing fraud case interaction, fraud management processes, governance models, performance and quality indicators. Our next generation technologies aggregate distinct data platforms, collecting information from multiple fraud detection sources to manage fraudulent activity in real-time at an enterprise level

(4)4.3 out of 5

KeyCAPTCHA offers Interactive CAPTCHA with social features.

(3)3.5 out of 5

Pixalate delivers the only unified suite of real time fraud protection, market intelligence and independent quality ratings across devices and channels.

(4)4.0 out of 5

SAS Fraud Management uses industry-leading data analytics and machine learning to monitor payments and nonmonetary transactions, as well as events, enabling you to identify and respond to unwanted and suspicious behavior in real time.

(3)4.7 out of 5

Student Affinity Network that connects a verified global student audience with relevant brands and services.

Help protect your e-commerce business—and your customers—against fraud to help drive down costs, achieve higher revenue, and improve your customers’ shopping experience.

(2)2.5 out of 5

ID.me connects instantly to authoritative data sources to efficiently verify if a customer is an eligible member of the targeted segment.

(2)4.0 out of 5
Entry Level Price:$0

miniOrange Fraud Prevention product uses device, location, time of access and user behaviour to minimize the risk of improper data access or loss of information. miniOrange Fraud Prevention product dynamically analyzes user requests and apply business security policies to application access which minimizes the risks of unauthorized access. miniOrange Fraud Prevention complements the existing traditional access controls by using contextual elements (e.g. device, location, time of access and user

(2)5.0 out of 5
Entry Level Price:29.95/mo USD

Score users in real time: NS8 analyzes all visitors and transactions in real time, providing a single score that assesses the fraud risk posed by each user. The score is an actionable data point that can be incorporated into a variety of customizable workflows. If a user’s score is suspiciously low, you can investigate their order before a chargeback occurs. Automate your workflow: NS8’s automated tools allow merchants to escalate order investigation and request additional verification for susp

(1)3.0 out of 5

Captchas are images containing distorted text that should be entered or a set of different images where you should select only those fitting some condition.

(1)4.0 out of 5

Based on the Card Associations 3-D Secure technology, cGate SecureVerify provides verification to the merchant that the buyer is the authorized owner of a card account, thereby reducing the number of unauthorized payments, resulting in fewer chargebacks.

(1)4.0 out of 5

AssureID is an identity management software that reduces fraud and increases revenue while providing a seamless customer experience. It includes document authentication and identity verification software for desktop, mobile and mobile app solutions including facial recognition.

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Check out the G2 Grid® for the top Fraud Protection Software products. G2 scores products and sellers based on reviews gathered from our user community, as well as data aggregated from online sources and social networks. Together, these scores are mapped on our proprietary G2 Grid®, which you can use to compare products, streamline the buying process, and quickly identify the best products based on the experiences of your peers.
Leaders
High Performers
Contenders
Niche
Radial
Kount
Riskified
Sift
SoftwareKey
PayMotion
IDVision with iovation
Signifyd
Fraud.net
Stripe Radar
SEON. Fraud Fighters
ClearSale
Ekata
Bolt
Market Presence
Satisfaction

Learn More About Fraud Protection Software

What is Fraud Protection Software?

Fraud protection software is used to prevent e-commerce fraud. In general, e-commerce fraud is the unauthorized use of any information that results in an electronic business transaction. Online transactions have now become increasingly common, with more and more scammers coming to e-commerce sites to complete fraudulent purchases. This includes using someone else's personal information such as credit card and debit card numbers to make purchases. Scammers can obtain other people’s personal information in a variety of ways that including phishing for login credentials, data hacks, or other security breaches. If a person notices that a fraudulent purchase occurred with their personal financial information and that they were charged, they generally look to get a refund. E-commerce sites are liable for all refunds in online transactions. This leads to major losses for e-commerce businesses as they continually refund customers for purchases they did not even make. Additionally, it is important for e-commerce sites to prevent fraudulent transactions to ensure a smooth shopping experience for customers and to increase the overall security and reputation of their website.

Using fraud protection software, e-commerce businesses are able to reduce the risk of these fraudulent transactions and help prevent financial losses as well as damage to their credibility. When users deploy fraud protection software, each transaction is reviewed by the software vendor with the goal to evaluate if the transactions are legitimate. Fraud protection software is either delivered as an on-premise platform or as a cloud-based software as a service (SaaS) product that runs security clearances over the web.

Key Benefits of Fraud Protection Software

  • Improve the customer’s shopping experience by ensuring the security of their personal financial information
  • Prevent financial losses by not having to refund customers due to fraudulent transactions
  • Save time by avoiding the need to authorize that transactions were fraudulent

Why Use Fraud Protection Software?

At its core, fraud protection software is a tool used to enhance the credibility and security of an online marketplace. For companies that run online marketplaces, it’s paramount that customers receive a high level of security to feel safe while they are making online purchases. Frequent instances of fraudulent charges not only costs the business money, but it can also ruin their brand and reputation. This has the potential to drive customers away and hurt a business’s revenue in the long run. Fraud protection software helps prevent scammers from making fraudulent purchases through countless security features. A secure online marketplace ensures a smooth experience for both online marketplace owners as well as online shoppers.

Refunded chargebacks — When a fraudulent purchase is made and the customer expects a refund, the process is known as a chargeback. Users must remember that in fraudulent online transactions where a physical card is not present, the vendor is 100% responsible for refunding the customer. Since there are countless transactions per day, chargebacks occasionally occur and cost e-commerce businesses a good deal of money. However with fraud protection software, not only does the user reduce the risk of fraudulent purchases, but even when one is made, most fraud protection software vendors reimburse the business in full, including additional costs such as shipping and fees.

Increase customer loyalty — Customers want to know that their personal financial information is secure every time they are making an online purchase. If the online business is dealing with numerous fraud review issues, it may damage the brand reputation and steer customers away.

Comply with global standards — Payment Services Directive 2 (PSD2 )is a new European regulation for electronic payment services. It was introduced to make online payments more secure in Europe. Fraud protection software automatically complies with PSD2 regulatory thresholds so e-commerce businesses do not have to spend time manually shifting their processes to meet these security standards.

Who Uses Fraud Protection Software?

E-commerce websites — Fraud protection software is mainly used by e-commerce vendors. Fraud protection software is used across a variety of industries that establish online marketplaces, from electronics and cosmetics to clothing and retail. Through established security protocols, fraud protection software makes sure that online marketplaces are secure for both buyers and online marketplace owners.

Travel industry — Fraud occurs semi-frequently in the travel industry and has cost airlines countless dollars in the past few years. Scammers either book travel with fake or stolen credit cards, or demand ticket cancellations to acquire flight credits. Fraud protection software protects travel and airline websites through transaction monitoring and user profiling.

Kinds of Fraud Protection Software

Software as a service (SaaS) fraud protection — The most common way that fraud protection software is sold is in a SaaS format. In this model, a customer signs up for a fraud protection service and agrees to pay a monthly fee, usually based on the number of transactions taking place each month. Once the customer pays for this service, the software vendor generally runs the software in the background on the online marketplace and checks each purchase that is made. The software is invisible to the customer. This allows businesses to scale their fraud protection services, depending on the number of monthly transactions. On the flip side, SaaS offerings require a monthly fee which is a recurring cost for small businesses.

On-premise fraud protection — On-premise fraud protection software is an offering in which users install the software onto their own hardware and manage the fraud protection software themselves. Security support employees then run the fraud protection software by installing and monitoring it to ensure that each purchase is being reviewed for signs of fraudulent activity. On-premise software is usually a one-time purchase and allows users to essentially own the software rather than pay a recurring monthly fee. On the flip side, users who purchase on-premise fraud protection software must manage the software themselves and troubleshoot any issues on their own.

Fraud Protection Software Features

Geolocation — Geolocation features allow fraud protection software to detect the location of the purchase. If a purchase appears to be coming from a different geographical region than where the purchaser is usually present, fraud protection software triggers extra security measures to ensure the purchase is valid.

Device recognition — Fraud protection software is able to detect if a purchase is being made from a device that is not normally used. If a user generally logs in on their desktop but is now making a purchase from a random phone, then fraud protection software runs through additional security measures to ensure the purchase is legitimate.

Proxy piercing — Scammers occasionally trick websites into thinking that they are in a different geographical location by using a proxy to disguise their IP address. Proxy piercing features allow for the accurate detection of the user’s true location and pinpoint if it is a fraudulent purchase.

Address verification — Address verification features allow fraud protection software users to detect if a billing address is different than the usual shipping address that is used. This is generally another red flag since this may indicate that a fraudulent charge is occurring.

Machine learning — Machine learning features allow fraud protection software to continually gather insights on red flags that indicate a purchase is likely to be fraudulent. As the software gathers more and more data, the more accurate it is in determining if a purchase is fraudulent.

Blacklists — Blacklists allow fraud prevention software to aggregate data from a list of fraudulent users and put those users on a blacklist. Fraud protection software generally gathers this data from a cross-merchant blacklist, which allows them to update these lists in real time and detect fraudulent purchases at a higher rate.

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