Ekata

Ekata is a trusted provider of global customer identity verification and fraud prevention solutions for the payments, ecommerce, and financial services industries. Ekata helps businesses safeguard against fraud, onboard legitimate customers, and provide seamless transaction experiences.

Ekata uses machine learning insights to verify customer identities, augmenting AML risk assessments and KYC requirements. This means companies can onboard new customers with confidence, clear manual review queues to increase productivity and approve more legitimate interactions. Ekata is designed to prevent fraudulent account creation, stop loyalty program abuse and improve fraud prevention during checkout.

Some of the key features and solutions include:

• Identity Review 360: A comprehensive identity verification tool.
• Account Opening API: Onboards customers with confidence and minimal friction.
• Transaction Risk API: Optimizes transaction routing to reduce fraud rates.
• Address Risk API: Validates and assesses the risk of addresses worldwide.
• Phone Risk API: Verifies user identities via phone data.
• Pro Insight: A manual fraud review tool for quick and confident transaction approval.

Ekata is trusted by over 2,000 companies globally, offering solutions for industries such as ecommerce, financial services, and payments. The platform helps prevent fake account creation, manual fraud review, payment authentication, transaction fraud, and promotion abuse. Ekata’s advanced data analysis and risk assessment techniques ensure that businesses can minimize risk, prevent fraud, and enhance the customer experience while increasing revenue potential.

Published on July 9, 2024