Fraud.net

Fraud.net

3 Reviews

What is Fraud.net?

Combining the powers of artificial intelligence and collaboration, Fraud.net helps online merchants, travel agencies and financial services companies eliminate payment fraud and supercharge their operations with real-time, data-enriched visual analytics.

The cost of cybercrime is projected to soar to $8 Trillion by 2022, according to Juniper Networks. While digital commerce of all kinds continue to grow quickly, online payment crimes are rising faster as new payment platforms, international markets and systems complexity create troubling new risks for global enterprises. Fraud.net's unified algorithmic architecture combines
1) collective intelligence,
2) cognitive computing (such as dynamic machine learning) and
3) rules-based decision engines to detect fraud in real-time, at scale.

The platform delivers unprecedented business intelligence and embedded control through its comprehensive risk management and analytics solutions.

Serchen Index

47.00
21
Employees
3
Reviews
N/A
Followers
127
Likes

What is Fraud.net?


Fraud.net Product Details

Fraud.net is a leader in AI-powered enterprise risk intelligence. Our award-winning fraud detection platform helps digital businesses to quickly identify transactional anomalies and pinpoint fraud using artificial intelligence, big data and live-streaming visualizations.Over 3 billion customer data records were stolen in 2018 and the number of breached records is expected to reach 5 billion in 2022. As businesses digitize their operations at unprecedented rates, they also create vulnerabilities. As a result, cybercrime is projected to grow 400% between 2017 and 2022 when the associated cost to business globally is expected to reach $8 Trillion. Contact us today to discuss a strategy best suited for your organization.


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Fraud.net Reviews

5.0

Excellent!

3 Reviews

Last reviewed on
28 May 2020

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Thursday, May 28, 2020

I'm using Fraud.net now for 8 months and it is a very nice tool to detect fraud orders. I like the possibility to create rules - like the reject and review queues - which work very well.

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Friday, May 22, 2020

The API for eCommerce and Banking are very rich in data points. As we use the product more, we shall be moving away from a rules based engine to a more Machine learning based engine. Also, partnering with a company like fraud.net helps us scale and offer move value to our customers

Great APIs, customer service, the product has scope for startups like ourselves and we are hoping to grow with fraud.net being the core fraud engine.

We shall be getting the full benefits in good time thus tackling fraud in a more data driven and less manual manner.

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Tuesday, March 1, 2016

We started using Fraud.net because we were getting a lot of payment fraud. Within 2 weeks on signing up, we began seeing really clear patterns with the help of Fraud.net analytics. We closed the holes and cut our fraud rates in half. Wow. Definitely recommended.

6 of 6 people found this review helpful.
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