Fraud Detection: In-Depth Guide [06/18 update]

Fraud detection is a major challenge for merchants that accept electronic payments, acquirers that manage electronic payment networks and for banks that are exposed to various types of financial fraud including money laundering.

Which companies are impacted by financial fraud?

Banks and other companies that receive significant number of financial transactions are at risk of suffering from financial fraud. e-Commerce companies, credit card companies, electronic payment platforms, B2C fintech companies all need to employ software to limit financial fraud. Read more


15 Fraud Detection Software: A Complete List [06/18 update]

We wrote extensively about fraud detection before. If you believe that your company needs a leading edge fraud detection solution, we list the major fraud detection vendors below.

Fraud Detection Companies Ecosystem

Tech giants

Tech giants like Experian are providing end-to-end fraud detection solutions. They have the advantage of having a large sales force and long term relationship with their customers and they have significant budgets to create competent solutions

AI Startups

Since 2000s startups are tackling various aspects of fraud. The first area of focus was to serve merchants which are easy to sell to as they are smaller e-commerce businesses. Later, with increased commercialization of AI, AI vendors started selling to merchants, acquirers and banks. Read more