Overview

Forter offers a comprehensive fraud prevention platform designed to enhance digital commerce by accurately identifying and blocking fraudulent activities across the entire customer journey. By leveraging advanced machine learning algorithms and a vast network of data, Forter enables businesses to approve more legitimate transactions, reduce chargebacks, and improve customer experiences.

Features and Capabilities

• Fraud Management:
  • Payment Fraud Prevention: Detects and prevents fraudulent transactions in real-time, safeguarding revenue.
  • Chargeback Reduction: Minimizes chargebacks by accurately identifying and blocking fraudulent activities.
  • False Decline Reduction: Decreases false declines, ensuring legitimate customers are not wrongly rejected.
• Identity Protection:
  • Account Takeover (ATO) Protection: Identifies and blocks account takeover attempts, preserving account integrity.
  • Fake Account Prevention: Detects and prevents the creation of fraudulent accounts, maintaining a secure user base.
• Payment Optimization:
  • Smart 3DS: Optimizes 3D Secure authentication to balance security and customer experience.
  • PSD2 Optimization: Ensures compliance with the EU's PSD2 regulations while minimizing friction for legitimate transactions.
  • Issuer Optimization: Enhances authorization rates by optimizing interactions with issuing banks.
  • Tokenization: Secures payment data through tokenization, reducing PCI DSS compliance burdens.
• Chargeback Recovery:
  • Representment Automation: Automates the process of challenging chargebacks, improving win rates.
  • Dispute Recommendations: Provides actionable insights to effectively manage disputes.
  • Order & Claim Consolidation: Streamlines the management of chargeback-related orders and claims.
• Abuse Prevention:
  • Returns/Item-not-received (INR) Abuse: Detects and prevents abuse related to returns and items not received.
  • Promotion/Coupon Abuse: Identifies and blocks fraudulent use of promotions and coupons.
  • Reseller/Reshipper Abuse: Prevents abuse from unauthorized resellers and reshippers.