Fraud Prevention for E-Commerce
The online trading of goods of all kinds is booming like never before. Unfortunately, this is also accompanied by increasing fraud figures in e-commerce. More than 4 out of 5 merchants have already been victims of fraud and the number of such offenses has risen by more than 50% in the last 5 years, based on a study from E-Commerce Leitfaden. A good reason to invest in professional fraud prevention for your e-commerce.
Facts About Fraud in E-Commerce
97% of online merchants have encountered fraud or attempted fraud”
50% of online merchants are confident that fraud will increase or rise sharply in the next 5 years.
85% of online merchants plan to invest in their fraud prevention skills and processes over the next 12 months.
Fraud Prevention for E-Commerce with RISK IDENT
In just a few hours your e-commerce fraud prevention software and solutions are ready to go!
Our easy-to-use interface makes your work easier.
Always in Real Time
Thanks to our high-performance data transmission, you can prevent fraudulent transactions before goods leave your warehouse.
Using numerous customer projects, we have developed an industry standard that can be flexibly adapted to your individual situation.
Your data will be hosted exclusively in Germany and will be processed 100% in accordance with data protection regulations.
This is how we protect your E-Commerce from Fraud
A leading e-commerce fashion retailer with customers in 30 different countries worldwide faced the challenge of increasing fraud rates and a shrinking customer base – an occurrence that happened despite the use of a fraud prevention solution that had been developed in-house.
To address the discerning issue, the company initiated benchmarking processes that identified RISK IDENT as the best performing fraud prevention provider. This was reason enough to replace their in-house solution with FRIDA and DEVICE IDENT. The result? A 50% time reduction in manual fraud checks, a 26% increase in customers and an 85% increase in productivity per hour!
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.
Your contact for E-commerce
Fraud issue is stopped quickly and further losses are prevented
Intuitive controls of our systems facilitates the work of fraud managers
Efficient pattern recognition
Recognition of connections between fraudulent transactions identifies fraudsters
Next event for personal exchange