If you're looking for another NoFraud alternative, Riskified is definitely worth a look. The company uses AI and machine learning to optimize revenue and minimize fraud, evaluating more than 480 data attributes to make its decisions. Riskified's suite of features includes Chargeback Guarantee, Policy Protect and Dispute Resolve. Companies using Riskified have reported a significant reduction in fraud costs and an increase in transaction success rates.
Another good option is Forter, which offers real-time decisions for every customer interaction. Forter's Identity Intelligence platform is designed to prevent fake accounts and payment fraud, and it also has strong Chargeback Recovery and Abuse Prevention abilities. On average, it's lowered chargeback rates by 72% and false declines by 46%, so it's a good option for eCommerce businesses.
Verisoul is another option. The company automates manual processes and consolidates vendors to stay ahead of fraudsters. Verisoul evaluates a broad range of signals, including device risk and proxy detection, to ensure every user is real and unique. It offers automated decisions and flexible integration options, making it a good option for a variety of industries.