Fraud Solution Profile

Fraugster

Outdated payment security technologies like 3D Secure are causing ecommerce merchants to lose more money to online fraud than ever before. Fraugster has invented a self-learning algorithm that mimics the thought process of a human analyst, but with the scalability of a machine, and can give decisions in as little as 15 milliseconds. Based on average performance, fraud rates are reduced by 70%-80% while conversion rates are increased by as much as 35%. Fraugster works with leading international clients like VISA, Credorax, etc. and in a short period of time, grown to manage nearly €15 billion in transaction volume for their clients.