IBM Safer Payments vs. Corgi Labs

IBM Safer Payments enables organizations to create personalized and user-friendly decision models that facilitate rapid responses to emerging threats while improving fraud detection accuracy and speed, without the reliance on external vendors or data scientists. This innovative solution significantly accelerates the modeling optimization process by providing essential analytics and simulation tools that support continual monitoring of business performance and adjustments to changing fraud patterns. Clients benefit from remarkable detection rates and a reduction in false positives upon integrating this system into their workflows. Users have the capability to build, assess, validate, and deploy machine-learning models within days rather than months, thereby eliminating vendor dependency. The platform is capable of handling thousands of transactions per second, delivering an enterprise-level solution with an impressive 99.999% uptime and outstanding throughput. Its open architecture allows for seamless importation of detection models, model components, and proprietary insights, all while offering a comprehensive interface for the development of new models. Furthermore, it accommodates a diverse array of data science, machine learning, and artificial intelligence techniques, making it an adaptable resource for any organization seeking to bolster their payment security. The inherent flexibility of this platform ensures that businesses can proactively address potential fraud threats more efficiently than ever, ultimately leading to a more secure financial environment. As organizations continue to evolve, the ability to swiftly adapt to new security challenges becomes increasingly critical.

Corgi Labs focuses on analyzing payments and fraud, empowering businesses to identify key issues that can reduce false declines, combat fraudulent activities, and ultimately increase revenue. Their automated solutions for optimizing payments and preventing fraud are seamlessly integrated into platforms such as Stripe and Adyen, facilitating an easy connection to major payment processors. Clients benefit from comprehensive analytics that offer a new perspective on their payment operations. By leveraging advanced AI technology, their system significantly reduces false declines while recovering lost customers and preventing fraud effectively. Partnering with Corgi Labs can help businesses unlock an additional 3-10% in revenue by improving payment acceptance rates and enhancing fraud protection measures. Accurately identifying fraudulent transactions is crucial for any enterprise, even though achieving such accuracy can require substantial investment. The suite of services includes a detailed payments dashboard aggregating data from various providers, a specialized fraud dashboard, tailored weekly consultations with payment specialists, and regular analytics reports, complemented by automated fraud prevention strategies. This comprehensive approach equips clients to manage the intricacies of their payment systems while boosting their overall financial success, ensuring they stay competitive in a rapidly evolving market. By prioritizing both efficiency and security, Corgi Labs positions its clients for sustainable growth in their revenue streams.