Overview

Forter's Fraud Management platform is designed to help merchants combat fraud effectively while enhancing the customer experience. By leveraging advanced machine learning algorithms and a vast dataset of over 1.2 billion identities, Forter provides real-time, accurate fraud detection and decision-making. This approach enables businesses to approve more legitimate transactions, reduce false declines, and minimize chargebacks, thereby safeguarding revenue and fostering customer trust.

Features and Capabilities

• Real-Time Fraud Detection: Utilizes AI-driven algorithms to analyze transactions instantly, identifying and blocking fraudulent activities as they occur.
• High Approval Rates: By accurately distinguishing between legitimate and fraudulent transactions, Forter ensures a higher approval rate, reducing the risk of false declines.
• Chargeback Reduction: The platform's precision in fraud detection leads to a significant decrease in chargebacks, protecting merchants from revenue loss.
• Scalability: Designed to handle large volumes of transactions, Forter supports business growth without compromising security.
• Comprehensive Coverage: Protects the entire customer journey, from account creation to checkout and returns, ensuring a secure experience at every touchpoint.
• Integration Flexibility: Easily integrates with existing systems, providing a seamless addition to current workflows.
• Continuous Learning: The platform continuously updates its models based on new data, adapting to emerging fraud tactics and maintaining high accuracy.
• Global Merchant Network: Access to a vast network of merchants enhances the platform's ability to detect and prevent fraud across different industries and regions.
• Smart 3DS Support: Offers Smart 3D Secure (3DS) capabilities, allowing merchants to shift chargeback liability to issuing banks, further reducing financial risks.
• Policy Abuse Prevention: Identifies and stops policy abuse, such as returns fraud and coupon misuse, protecting revenue and customer experience.
• Identity Protection: Safeguards against account takeover (ATO) and fake account creation, maintaining account integrity and customer trust.
• Payment Optimization: Minimizes friction during the payment process, enhancing conversion rates while maintaining security.
• Chargeback Recovery: Automates the representment process, streamlining operations and improving win rates in disputes.
• Abuse Prevention: Detects and prevents various forms of abuse, including returns/item-not-received (INR) abuse and reseller abuse, ensuring a fair and secure environment.
• Data-Driven Insights: Provides actionable insights and reporting, enabling businesses to make informed decisions and continuously improve their fraud prevention strategies.