Payment Fraud

In order to escape detection, the methods used to conduct fraudulent transactions are constantly evolving and becoming progressively more sophisticated. This, combined with the escalating frequency of attacks, has legacy fraud management systems struggling to adapt their software to the current landscape and fight new threats effectively.  

Precognitive’s future-forward, emerging technology approach outmaneuvers and outpaces fraudsters, beating them at their own game through constant innovation.

How It Works:

Adaptive-ID

Our device intelligence solution, Adaptive-ID, tracks each visitor, creating a unique device profile that accumulates the device’s history across the web.  A real-time analysis is conducted each time the device is seen to identify if risk indicators are present and to determine the trustworthiness of the device.

Precog-BA

Precog-BA monitors each user session, watching behavioral patterns and linking back to associated devices for the user. Interactions are constantly monitored, analyzed, and aggregated to build a complete view of the user journey, intent signals, biometric profile, and engagement metrics.

Precog-BA

Precog-BA monitors each user session, watching behavioral patterns and linking back to associated devices for the user. Interactions are constantly monitored, analyzed, and aggregated to build a complete view of the user journey, intent signals, biometric profile, and engagement metrics.

Decision-AI

Together, the device and behavior data provide a clear picture of the pre-transactional events that occurred. At the point of checkout, your systems call our API with the transaction data supplied by the user. Our decision engine, Decision-AI, receives the transactional data you supply and combines it with the device and behavioral data in our systems. The data is normalized and processed using our industry-specific rules and signal generators before being passed to our machine learning models for a real-time allow/reject response.

Features & Benefits

  • Assess fraud risk at the time of payment to get a real-time decision.
  • Reduce fraud chargebacks while approving actual customers more often.
  • Detect fraudulent activity before it happens.

  • Protect your site and customers from constantly emerging fraud methods.
  • Gain access to a global device network that allows visibility across the web.

Features & Benefits

  • Assess fraud risk at the time of payment to get a real-time decision.
  • Reduce fraud chargebacks while approving actual customers more often.
  • Detect fraudulent activity before it happens.
  • Protect your site and customers from constantly emerging fraud methods.
  • Gain access to a global device network that allows visibility across the web.

Using another solution already?

We can compliment your existing strategy by filling in the gaps your provider is missing.

Are you on a chargeback monitoring program?

Other solutions take months to deploy. You can start detecting fraud with us in minutes. Enable a compehensive integration when you have time.

Contact Us