Question: Do you know of a tool that uses machine learning and edge computing to detect and block fraudulent transactions in real-time?

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IBM Security Trusteer

If you need a tool that combines machine learning and edge computing for real-time fraud detection and blocking, IBM Security Trusteer is a good option. The cloud-based service uses AI and machine learning to authenticate customers, identify fraud and protect against abusive users across multiple channels. It offers real-time fraud detection and a range of products, including Trusteer Pinpoint Detect and Trusteer Rapport, that dramatically lower fraud risk and customer frustration.

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IPQS

Another powerful option is IPQS, an AI-based fraud detection service that offers a full range of fraud prevention and bot detection. IPQS offers real-time insights through sophisticated algorithms that evaluate more than 300 data points to score and assess risk. It integrates with tools like Hubspot and Salesforce and offers tiered pricing, so it's available to companies of all sizes.

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Flagright

Another option is Flagright, particularly for fintechs and banks. It offers an AI-native AML compliance and fraud prevention service with automated case management, real-time transaction monitoring and AI-based risk scoring. Flagright's sophisticated algorithms spot potential problems, improve AML compliance and reduce manual work and false positives.

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DataDome

If you're looking for a bot management and fraud protection service, DataDome is a good option. It evaluates every request in real time with a machine learning engine trained on 5 trillion signals per day for high accuracy and a good user experience. DataDome protects against a range of online fraud attacks and offers detailed information on blocked threats, making it good for websites, mobile apps and APIs.

Additional AI Projects

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Sardine

Sardine's platform uses machine learning and 4,000+ features to predict and prevent identity fraud.

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Nasdaq Verafin

Combines machine learning and consortium analytics to detect unusual payment patterns, strengthen security, and improve efficiency in financial crime management.

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Kount

Proactively prevents fraud and chargebacks with real-time AI-driven profiles, preserving revenue and enabling secure customer interactions across the entire customer journey.

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Riskified

Optimizes revenue while minimizing fraud and policy abuse, increasing approval rates by 4-8 percentage points with machine learning and automation.

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Vesta

Approve more transactions and eliminate fraud with sophisticated risk scoring and AI-driven decision tools, reviewing billions of data points in real-time.

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DCBprotect

Combines advanced cybersecurity, machine learning, and global honeypot networks to detect and block fraudulent transactions with 99.94% accuracy and low latency.

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SEON

Advanced digital footprinting, machine learning, and customizable rules empower businesses to detect and prevent fraud and money laundering threats in real-time.

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Forter

Provides real-time decisions for every customer touchpoint, detecting and preventing fraud, optimizing authorization rates, and reducing risk to deliver exceptional customer experiences.

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Sift

Empowers businesses to grow fearlessly while stopping fraud, leveraging scalable AI-fueled decisioning and on-demand expertise for precise, user-level insights.

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HUMAN Security

Protects businesses and users from sophisticated bot attacks, fraud, and account abuse with end-to-end security across multiple customer touchpoints.

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Verisoul

Automates fraud prevention, detecting and blocking fake accounts, bot attacks, and payment fraud in real-time, ensuring a secure and seamless user experience.

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Arkose Labs

Combines real-time risk assessments, machine learning analytics, and powerful attack responses to deliver strong security against digital fraud and bots.

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Greip

Blocks payment fraud with AI-powered modules, offering real-time monitoring and a range of tools for fraud detection and prevention.

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FUGU

Analyzes transactions before and after checkout, capturing a wealth of data points to detect complex fraud types, minimizing false declines and payment churn.

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NoFraud

Combines AI models and human oversight to deliver accurate pass or fail decisions on orders in real-time, eliminating chargebacks and increasing revenue.

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Jumio

Verifies identities and detects fraudulent behavior through biometric and machine learning-powered ID checks, selfie comparisons, and advanced liveness detection.

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Callsign

Authenticates users and detects fraud with AI-driven intelligence, behavioral biometrics, and multi-factor authentication, balancing security with user experience.

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SHIELD

Identify and trust devices, users, and accounts with persistent and accurate device intelligence, enabling informed decisions and minimizing risk.

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Gemini Advisory

Stay ahead of cybercriminals with real-time fraud intelligence from the dark web, empowering users to minimize exposure and risk through portfolio risk assessments and alerts.

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Darktrace

Identifies and responds to cyber threats in real-time, using Self-Learning AI to correlate security incidents and provide a unified view of security threats.