Thinking About Changing Your Fraud Management System? Explore How Online Tools Detect Fraud Users of Fraud Management also took this into account. Competencies in areas such as evaluation and contracting, integration and deployment, service and support, and product capabilities are compared by prospective buyers as they assess various solutions. This article explains notable Accertify competitors and how Accetify works.
About Accertify
Accertify Inc. is the first company to prioritize the needs of merchants who facilitate “card not present” transactions when designing fraud prevention tools and techniques. Intercept was created with this specific goal in mind; it employs cutting-edge automation across the whole credit card fraud exposure management process for merchants. Accertify is an example of a company that is dedicated to providing its customers with the most thorough, cost-effective solution to credit card fraud possible. The company’s management team combines complementary skills from fraud management, business software development, accounting, and legal. Accertify works out of the Windy City.
Accertify Competitors
Check out the alternatives to Accertify that could work just as well for your company or group. Accertify’s competitors and alternatives should be compared on a range of criteria before you commit your company’s resources to one.
#1. Alviere
With the help of Alviere’s embedded finance platform, businesses can easily add financial services to their existing product lines, giving their clients and business associates access to the industry’s best embedded financial solution. With the Alviere platform, you may issue FDIC-insured virtual accounts and physical cards, process payments and digital global money transfers, and issue crypto/web3 products—all with a single API integration.
To ensure the continued success of your program, partner with Alviere, a fully licensed and regulated financial institution that offers full compliance, risk management, fraud/AML monitoring, and security.
#2. SEON
SEON’s goal is to eliminate financial crime worldwide by detecting and blocking fraud at the earliest possible stages. Over €160 billion in fraudulent operations have been avoided because of SEON’s review of billions of transactions, earning the company the trust of more than 5,000 businesses. Businesses may experience SEON with little to lose and a lot to gain thanks to our quick integration and 30-day free trial.
SEON one of Accertify competitors, offers a full suite of anti-fraud and anti-money laundering (AML) services. To spot new fraud risks, we take a novel method by integrating social signals with in-depth digital footprinting and fully explainable machine learning. SEON has raised $94 million in Series B fundraising as of April 2022 and has been honored with various awards, including inclusion in Sifted’s Rising 100, Deloitte’s Technology Fast 50, Crunchbase’s Emerging Unicorn, and G2’s Fastest Growing Software in 2022. Our offices in Austin, London, Budapest, and Singapore are part of a worldwide network with the goal of reducing global danger.
#3. Argos Edge
Cyberint is a global provider of threat intelligence that focuses on assisting its customers in taking preventative measures against cyber threats from outside the scope of conventional network defenses.
Argos Edge, an all-inclusive Digital Risk Protection platform, safeguards businesses with a novel blend of Attack Surface Monitoring (ASM), cutting-edge Threat Intelligence, comprehensive phishing detection, and social media and brand abuse monitoring.
Organizations can take immediate action to mitigate the most dangerous incoming threats with the help of Argos Edge’s proactive and targeted alerts, which have a false positive rate of less than one percent and provide information about the latest global, regional, and vertical threats that could lead to a breach. Cyberint’s clientele includes household names all over the world and several Fortune 500 organizations in fields as diverse as banking, retail, online shopping, video games, news, and more.
#4. Ondato
When it comes to Know Your Customer and Anti-Money Laundering procedures, Ondato is the tech business to trust. We have high-tech answers for digital ID verification, onboarding of corporate clients, checking data for accuracy and fraud detection. They are all of the finest quality and may be used for Know Your Customer (KYC) onboarding in either an online or offline setting, regardless of the type of business or customer. We are turning compliance into a competitive advantage by making the world safer for businesses and individuals.
#5. Kount
Top-tier security across the whole client lifecycle, from signup and login to payments and disputes. The approval rate and income can both benefit from a decrease in chargebacks, manual reviews, and false positives. Trusting the identities behind every login, account creation, and financial transaction is the goal of identity assurance. Using artificial intelligence (AI), Kount’s major Accertify competitors Identity Trust Global Network TM blocks fraud in real-time and enables personalized customer experiences by combining trust and fraud signals from 32 billion annual contacts.
Secure digital transactions, account creation, and login events may be accomplished with the help of fast and precise identity trust choices, which can help cut down on digital fraud, chargebacks, false positives, and human reviews. Lower the number of false positives. Lessen the number of false alarms and hassle. Remove uncertainty from command execution. To avoid annoying legitimate clients with false positives, make sure your identity trust selections are spot on. Increase your income by accepting more solid orders.
#6. TruValidate
TruValidateTM creates a thorough consumer profile from proprietary data, individual data, device identifiers, and internet actions. Our cutting-edge analytics and global fraud reporting network enable organizations to uncover irregularities, assess risk, and confidently identify good consumers. Your company is safe, and you can concentrate on providing excellent, individualized, and frictionless service to your customers.
Identify fraud concerns by verifying users against large, authoritative datasets from around the world. Protect the entire customer experience with individualized solutions that are proportional to the level of risk associated with each purchase. Find potentially dangerous buys and fraudulent gadgets in real-time while cutting costs in the process.
#7. Digital Resolve
Real-time identity intelligence, authentication, and access control for enhanced online safety and fraud prevention. Protect your online identity, data, transactions, and communications from the moment you log in until you leave the site. The Digital Resolve platform is a cheap and easy risk-reduction solution that can be applied immediately.
A team of seasoned experts built the platform to offer a comprehensive view of all transactions and interactions, in contrast to other solutions that only detect events in isolation. In addition to providing real-time protection against potential hazards, real-time intervention options and a frictionless user experience allow you to preserve confidence and trust within your user base.
#8. ThreatMetrix
Dynamic threat intelligence integrated across the digital experience helps boost conversion rates and fraud defenses. In today’s fast-paced digital economy, even a few more seconds of wait time can cost you thousands. Also, the cybercrime threat landscape is becoming increasingly sophisticated, and you must successfully enhance conversion rates in this environment. Over 5,000 of the world’s most well-known companies rely on LexisNexis ThreatMetrix, an enterprise solution for digital identity intelligence and digital authentication, to guide their day-to-day business decisions.
#9. Emailage
Your customers have come to anticipate a zero-click solution. Leverage our advanced network intelligence and predictive fraud risk rating to provide a worry-free experience for your customers. LexisNexis Emailage one of Accertify competitors uses email intelligence to generate a robust fraud risk score that works. Your clientele expect the option to communicate with you in many ways. They anticipate that you will recognize them as they approach your system from any of their mobile devices.
At the same time, people need reassurance that their data is safe and that no one can steal their identity. That’s a really tough problem to solve. Your capacity to evaluate danger from digital components is becoming increasingly important as digital consumer channels expand. This is especially true if your company, like many others today, collects as little personal identity information as possible from new clients in order to facilitate faster onboarding and reduce the danger of data exposure.
#10. Bolt
As the first checkout experience platform, Bolt is revolutionary. To this day, the process of checking out on a website has a lot of unnecessary barriers. Either an online store must spend time and money on developing a custom solution from the ground up, or it must incorporate the native checkout functionality of an existing e-commerce platform, limiting the store’s ability to adapt to changing market conditions and customer preferences. Bolt wants to streamline the online shopping cart experience, including checkout, fraud detection, and payment integration.
How Does Accertify Work?
Accertify unlike other competitors is a frontrunner in the global payments industry, serving a wide variety of business types with innovative fraud detection, digital identification, device intelligence, chargeback management, and payment gateway services. By reducing the overall cost of fraud, streamlining corporate procedures, and raising income, Accertify’s solutions and services help businesses expand.
Clients can address risk pain points throughout the entire customer journey, from account registration and authentication to activity monitoring, payment, and disputes, with the help of Accertify’s multilayer risk platform, machine learning backbone, and rich reputational community data.
Who are the Customers of Accertify?
Accertify provides businesses with a suite of services, from automatic fraud detection solutions to manual professional services, to aid in all aspects of fraud management, including chargebacks. StubHub, RyanAir, OFX, Arcadia, and Southwest Airlines are just a few of Accertify’s satisfied customers.
Who Owns Accertify?
American Express’s fully-owned subsidiary Accertify, Inc. is a frontrunner in the global payment gateway, chargeback management, and fraud prevention markets. The products and services offered by Accertify reduce the overall cost of fraud, streamline operations, and boost income for businesses.
Who is the CEO of Accertify?
Mark Michelon
For nearly 20 years, Mark has worked with payments, preventing card-not-present fraud, and resolving disputes. Mark, a co-founder of Accertify, has served as President since the company’s acquisition by American Express. Previously, he managed the development of the company’s professional services and customer support units. Mark has created and managed fraud units for some of the top airlines and online retailers. Mark is an expert in fraud strategy, relationship development, and fraud prevention management. Before joining Accertify, Mark was the senior Director of Fraud Prevention for Orbitz Worldwide. He oversaw Orbitz and its EMEA and JAPA sibling sites’ global fraud strategy.
When did American Express Acquire Accertify?
American Express is a multinational financial services corporation widely recognized for issuing credit cards, charge cards, and traveler’s checks. They also acquired Accertify on 2010-11-04.
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