We identify
Online Fraud
Our intelligent software products detect online fraud through an automated evaluation and interpretation of data points. We deliver results in real time and enable you to stop fraudulent attacks before the damage is done. RISK IDENT prevented nearly 2 million fraudulent transactions worth €1 billion in 2021. Multi-award winning. Reliable data security. Made in Germany.
We protect more than €80 billion in revenue for our customers every year
Advantage at a Glance
Results in Real Time
The challenge in fraud prevention is to network and evaluate all relevant data points at a high processing speed. This is exactly what we deliver: scoring in real time.
Your partner in fraud prevention
We do not see ourselves as a pure technology provider. We are your partner in the fight against online fraud. Our consultant team will be happy to advise you. We look at your processes and help you find the best way to prevent fraud.
Privacy Made in Germany
Serious handling of data in strict compliance with European regulations is the backbone of our company. Our servers are located in Hamburg and we process all data exclusively in Germany. Naturally DSGVO-compliant.
Our Sectors
An Overview of Our Products
FRIDA is the intelligent all in one solution in the prevention of online fraud
It delivers reliable results in real time by using modern machine learning algorithms to establish connections between transaction data and recognize patterns. Man and machine — the dream team for online fraud prevention.
Fraud detection through the most used form of fraud prevention: device fingerprinting
Every device leaves digital traces on the internet, similar to a fingerprint in the real world. Device Ident recognizes fraudulent devices and prevents impending damage.
This is how it works
We
You
As-Is Analysis
Fraud problems and types are discussed, identified and quantified. A fraud check is conducted.
Integration
Implementing our products is very easy with the guidance of our experts. Afterwards, all data is hosted on our secure servers in Hamburg.
Assessment
Evaluation of your historical data, filtering and definition of scores and rules.
Fraud detection
Fraudulent transactions are now recognized and can be processed individually.
Training
If requested, product experts come to you, train your fraud managers and individualize your scoring and rules.
Learn how RISK IDENT protects its customers
RISK IDENT x WHOW Games
Despite its considerable size, the online gaming market continues to grow at a rapid pace. Global revenue for 2022 is forecast by Statista at a volume of 21.77 billion EUR. By 2026, further market growth of around one quarter is estimated to reach a global volume of 26.73 billion EUR. This corresponds to an annual growth of more than 6%.
We do not see ourselves as a pure software provider. We are your partner in the fight against online fraud.
We consult companies, evaluate their processes and work with our customers to find the most effective way to stop online fraud.
Felix Steinmann Managing Director
About Us
RISK IDENT is a specialized software provider in online fraud prevention for the e-commerce, telecommunications and financial services industries. Their software products detect fraud by automatically linking and interpreting transactions. Even in cases of fraud via different end devices, suspicious transactions can be identified and stopped before they become a real threat to businesses. Fraudsters learn over time and exploit the weaknesses of traditional fraud prevention software and tools. RISK IDENT is also prepared for new fraud scenarios thanks to self-learning and customizable software that is constantly being developed by a team of programmers, data scientists and machine learning experts. The company is based in Hamburg and is a subsidiary of the Otto Group.
Events
Online fraud is a problem for society as a whole. Online fraudsters operate professionally and are constantly exchanging information about new fraud patterns and opportunities. That’s why dialog in the industry is so important to us. We want to be one step ahead of fraudsters. That’s why we speak at industry events, attend relevant conferences, and host our own events. Find out where you can find us here:
Jobs
Why work with us? Because we do good! Online fraud is organized crime and on the rise. RISK IDENT wants to create a world where online fraud no longer exists. That is why we develop fraud prevention products for our customers to prevent them from payment losses.
Felix Steinmann and Frank Heisel lead RISK IDENT together as Co-CEOs
Felix Steinmann is responsible for Sales & Business Development, Anti-Fraud Consulting and Marketing. Before joining RISK IDENT, he worked for Atlantic Grupa and SPORTFIVE, among others, in various marketing and sales positions during his 16-year career.
Frank Heisel has more than 15 years of experience in risk and fraud management. He has worked in this field for companies such as CRIF, EOS Information Services and Experian throughout Europe. In addition to product management, he is responsible for software development, data science, UX design and customer service.
“We want to make online business a little bit safer every day. To do this, we develop highly intelligent fraud prevention products for enterprise customers in e-commerce, telecommunications, financial services, mobility and other emerging markets,” says Felix.
“We employ 80 people from 20 countries. We offer them platforms through which they can engage and develop smart ideas,” explains Frank.
Want to get to know us better?
Stop Fraud Now!
Talk to our fraud prevention experts to find out how to act against your individual fraud problem.