If you want to boost your chargeback win rates and cut financial losses, Riskified has a fraud and risk intelligence platform designed to help ecommerce companies boost revenue and cut fraud. With AI technology, Riskified offers features like Chargeback Guarantee, Policy Protect and Dispute Resolve, and says its platform cuts fraud costs by 50%, manually reviewed orders by 20%, and boosts transaction success by 1.5%.
Another contender is Forter. Its Identity Intelligence platform offers real-time decision making for every customer interaction and cuts chargebacks by 72% and false declines by 46%. With features like Fraud Management, Chargeback Recovery and Abuse Prevention, Forter says businesses can offer great customer experiences while minimizing risk. That's why it's a good choice for companies trying to squeeze as much as they can out of their digital commerce operations.
Another contender is Accertify, which offers a digital identity fraud prevention and financial fraud risk reduction platform. Accertify protects customers across the entire customer journey, from account creation to chargebacks, and is geared for online merchants, airlines and financial services companies. The company says its platform helps businesses convert eCommerce transactions while protecting against fraud and identity threats, and it's been used by companies like Fnac Darty and Marks & Spencer.
Last, FUGU offers an AI-powered payment fraud prevention service that scrutinizes transactions before and after checkout. FUGU gathers unique data points across the transaction lifecycle to spot complex fraud types like friendly fraud. With features like initial risk profiling, payment monitoring and automated KYC validation, FUGU says it can block 51% of friendly fraud, cut false declines by 42% and recover 61% of chargebacks. That makes it a good option for online merchants.