Glossary

Fraud Prevention Software

A number of merchants incorporate fraud protection software within their loss-prevention approaches. These automatic software programs support the companies to identify hazardous transactions in real time and decrease the amount of consumer fraud that occurs. Through an algorithm, the fraud protection software scans transactions, and uses previous transactional facts to uncover any potential risks and then marks the transactions to be further investigated.

Get Started Today

Experience how FraudNet can help you reduce fraud, stay compliant, and protect your business and bottom line

Request a Demo

You might be interested in…

Webinars

Webinar: How AI and Machine Learning Enhance Risk Scoring and Revenue

Discover how AI and machine learning are transforming risk management and fraud prevention, by building models tailored to your transaction patterns, seasonal trends, and industry-specific behaviors.

webinars
ai-and-machine-learning

Articles

Combatting Synthetic Identity Fraud

Synthetic identity fraud (SIF) is rapidly becoming a major headache for financial institutions and businesses worldwide. Unlike traditional identity theft, where someone steals an individual’s data, synthetic identity fraud involves creating entirely new identities by piecing together real and fabricated information.

articles
banking
identity-verification

Articles

Global Identity Check: Elevate Fraud Prevention with Confidence

A Global Identity Check is a sophisticated fraud prevention process that verifies the legitimacy of individuals or entities by analyzing their information against vast global data sources.

articles
identity-verification

Recognized as an Industry Leader by