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Forter offers a comprehensive fraud management solution that employs advanced AI and machine learning algorithms to detect and prevent fraudulent transactions in real-time. The platform is tailored for enterprise-level e-commerce operations, ensuring secure digital commerce experiences. It integrates seamlessly with existing payment systems, providing accurate risk assessments and actionable insights. Key features of the product include: - Automated fraud detection - Real-time decision-making capabilities - Seamless integration with e-commerce platforms - Customizable risk scoring These features empower businesses to reduce fraudulent losses and enhance customer trust. The product is designed to balance security with operational efficiency, contributing to a streamlined and safe online transaction environment. It enables clients to achieve lower chargeback rates and improved financial performance through proactive fraud management.
Forter generates revenue through subscription fees for its fraud management and digital commerce solutions, leveraging AI and machine learning for real-time decision-making. It employs a product-led growth strategy focused on upsells and enterprise deals with premium service offerings.
Forter competes with major fraud prevention providers including Riskified, Signifyd, Kount, ClearSale, and Sift, each offering distinct value propositions. Its competitive edge lies in its advanced AI capabilities and comprehensive identity graph that differentiate its offerings.
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