Question: I'm looking for a fraud protection solution that reduces false positives and financial losses.

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Sardine

If you need a fraud protection system that cuts down on false positives and financial losses, Sardine is worth a serious look. Sardine is a suite of fraud prevention tools for banks, merchants and fintechs that combines deep device intelligence and behavioral biometrics to spot fraud patterns, including identity fraud, account takeover and payment fraud. It's got machine learning models trained on more than 4,000 features and a no-code rule editor to try to cut down on false positives and make risk operations easier.

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Incognia

Another contender is Incognia, which offers persistent device fingerprinting and indoor location intelligence to thwart fraud. It can identify users across many devices and spot things like location spoofing and app tampering, and is used by companies in the financial services industry. Incognia claims strong results, including more than 99.9% accurate user recognition and an 85% reduction in promotion abuse.

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Forter

Forter also has a mature fraud management system that can make real-time identity decisions for every customer interaction. It can thwart fake accounts, payment fraud and policy abuse and can increase authorization rates. With AI and machine learning technology, Forter says it's been able to reduce chargeback rates by 72% and false declines by 46%, so it's a good choice for companies trying to get the most out of their digital commerce operations.

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Riskified

Last, Riskified offers an AI-powered fraud and risk intelligence system for ecommerce companies. It assesses more than 480 data attributes to spot fraud more accurately and offers features like Chargeback Guarantee and Policy Protect. Riskified says companies using its system have cut fraud costs and increased transaction success, so it's a good choice for any ecommerce company that wants to cut fraud and maximize revenue.

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