#Risk assessment

Forter is a technology company that provides an advanced AI platform for real-time fraud prevention in online transactions. Their solution helps businesses detect and prevent fraudulent activities, minimizing losses while ensuring a seamless customer experience.

Market coverage N/A
  • United States of America

Forter is a technology company specializing in fraud prevention and protection against online fraudulent activities. Founded in 2013, Forter offers an advanced artificial intelligence platform that utilizes machine learning and real-time data analysis to detect and prevent fraud in online transactions.

Forter’s platform is designed to help e-commerce businesses identify potential fraudulent activities, such as credit card fraud, identity theft, fraudulent accounts, return fraud attacks, and other types of online fraud. It integrates information from multiple sources, including transactional data, behavioral data, user identification information, and data from partner networks to enhance prediction accuracy.

Forter stands out for its real-time fraud prevention approach, meaning it assesses risks and makes blocking or authorization decisions for transactions within milliseconds, without slowing down the purchase experience for legitimate customers. The main goal of Forter is to help businesses reduce fraud-related losses while maintaining a minimal false alarm rate.

The company serves many global brands across various industries, including retail, travel, financial services, online gaming, and marketplace platforms. Forter is headquartered in New York and also has offices in Israel, the UK, and Singapore.

Forter's features

  • 3D Secure
  • Chargeback management
  • Chargebacks
  • Partial Captures
  • Partial Refunds
  • Payin
  • Payout
  • Recurring Transaction
  • Recurring Transactions
  • Refunds

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Frequently Asked Questions

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A PayFac is a company that simplifies the payment process for sub-merchants by providing a unified platform. They act as a middleman between the sub-merchant and the acquiring #bank and handle all the necessary compliance and underwriting processes.

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