Grid® for Fraud Detection Software
Fraud Detection Software Definition
Fraud detection software, or online fraud detection software, is used to detect illegitimate and high-risk online activities. These tools continuously monitor user behavior and calculate risk figures to identify potentially fraudulent purchases, transactions, or access. Fraud detection tools are used by the IT and compliance departments of businesses and digital banking companies to monitor potential fraudulent actions made by their users. Companies adopt these tools to prevent cyberattacks, fraudulent transactions, and identity theft while protecting sensitive information about the business and its customers.
Utilizing machine learning and real-time behavior analytics, fraud detection tools can perform real-time risk classification based on device and IP reputation and other factors. There is some overlap between fraud detection solutions and e-commerce fraud protection software. But those tools are more geared toward enforcing regulations and analyzing purchasing behavior, rather than monitoring, detecting, and alerting incidents of fraud as they happen.
To qualify for inclusion in the Fraud Detection category, a product must:
- Detect illegitimate activities related to payments, purchases, account creation, and chargebacks
- Monitor websites, networks, and applications for fraud
- Prevent digital payment fraud
- Analyze open-source and network data to find anomalies and historical fraudulent behavior
- Provide alerts and analysis tools for administrators
- Ensure compliance with data privacy and security regulations
- Discover suspicious online activity and spot patterns of abuse
- Detect and mitigate account takeover and identity theft attacks
Fraud Detection Grid® Scoring Description
Products shown on the Grid® for Fraud Detection have received a minimum of 10 reviews/ratings in
data gathered by November 04, 2025. Products are ranked by customer satisfaction (based on user reviews) and market
presence (based on market share, seller size, and social impact) and placed into four categories on the
Grid®:
- Products in the Leader quadrant are rated highly by G2 users and have substantial Market Presence scores. Leaders include: Sift, Mastercard Identity Review 360, Signifyd, iDenfy, SEON. Fraud Fighters, eftsure, Veriff, Fingerprint, DataDome, NoFraud, Appdome, Sumsub, ZeroFox, Prove, Kount, and Pipl
- High Performing products have high customer Satisfaction scores and low Market Presence compared to the rest of the category. High Performers include: CertifID, Closinglock, Chargeflow, Incognia, Cyberint, a Check Point Company, CTM360, Sardine, Shield, Sensfrx - Online Fraud Prevention, Mangopay, and Evereye
- Contender products have relatively low customer Satisfaction scores and high Market Presence compared to the rest of the category. While they may have positive reviews, they do not have enough reviews to validate those ratings. Contenders include: Mitek Systems, IPQS, GeoComply, Forter, Riskified, Recorded Future, MediaGuard, NICE Actimize Xceed, Entrust IDV, formerly Onfido, Vesta, TruValidate, ClearSale, Flashpoint, Ocrolus, SAP Business Integrity Screening, and F5 Distributed Cloud Bot Defense
- Niche products have relatively low Satisfaction scores and low Market Presence compared to the rest of the category. While they may have positive reviews, they do not have enough reviews to validate those ratings. Niche products include: Bolt, CHEQ, Unit21, DataVisor, Sanction Scanner, Oscilar, Arkose Labs, and Fraud.net
© 2025 G2, Inc. All rights reserved. No part of this publication may be reproduced or distributed
in any form without G2’s prior written permission. While the information in this report has been
obtained from sources believed to be reliable, G2 disclaims all warranties as to the accuracy,
completeness, or adequacy of such information and shall have no liability for errors, omissions, or inadequacies in such information.
Hunting for software insights?
With over 3 million reviews, we can provide the specific details that help you make an informed software buying decision for your business. Finding the right product is important, let us help.
Your software and services insights are valuable.
Your peers come to G2 to get an inside look at and other business solutions. Adding perspective on will help others pick the right solution based on real user experience.
