If you're looking for another Forter alternative, Riskified is worth a look. The company's AI-powered service helps e-commerce companies increase revenue while decreasing fraud and policy abuse. Riskified's platform improves approval rates by 4-8 percentage points and detects fraud 2-3 times better than competitors, with features like Chargeback Guarantee, Policy Protect, Dispute Resolve, Account Secure, and PSD2 Optimize. That means it's a fraud protection service that can help you achieve real results, like a 50% reduction in fraud costs and a 1.5% increase in transaction success.
Another good option is Kount, which offers real-time AI and machine learning-based fraud prevention, chargeback management, identity verification and compliance. Kount builds detailed customer profiles with hundreds of data points to better understand customers and protect transactions. It also can perform real-time authentication for identity verification and automate compliance with industry rules, making it a good choice for a wide range of industries from ecommerce to health and beauty.
Onfido offers an AI-powered digital identity service that automates customer onboarding, cuts costs and ensures global KYC and AML compliance with features like Smart Capture SDK, Global Verification Suite and trusted data sources. Onfido's automated onboarding and identity verification can help businesses onboard customers faster and more securely and reduce identity fraud risk.
If you want a multi-layered fraud prevention service, check out Vesta. Vesta's platform uses advanced risk scoring, machine learning and AI to make real-time decisions about transactions, approving more transactions to increase revenue while eliminating fraud. It offers features like Payment Protect, which offers risk scoring and decision tools, and Payment Guarantee, which guarantees transactions against fraud. Vesta is good for eCommerce retailers, telcos, travel and hospitality companies, among others.