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What is Stripe Radar?

Effectively combat fraud by leveraging the vast network offered by Stripe. With the help of Radar, businesses can efficiently identify and thwart fraudulent activities through sophisticated machine learning algorithms that analyze data from millions of businesses worldwide. Fully integrated into Stripe, it requires no additional setup, allowing you to immediately access its features. While traditional fraud prevention methods often struggle with the demands of modern digital enterprises, Radar equips you to distinguish between legitimate customers and fraudsters, utilizing Dynamic 3D Secure for transactions that are flagged as high-risk. The machine learning framework ensures daily enhancements to the accuracy of the models, including those that can be customized to meet your specific business requirements. Furthermore, Radar's algorithms are designed to quickly adapt to emerging fraud trends while addressing the unique attributes of your organization. Stripe facilitates payment processing in 195 countries, catering to a diverse range of sectors, sizes, and business models. Impressively, even if a card is unfamiliar to you, there is an astounding 89% chance that it has already been screened through the Stripe network, highlighting the extensive reach and dependability of our fraud detection services. This capability not only strengthens your defenses but also ensures that your business can thrive as you navigate the intricate landscape of online transactions, keeping your operations secure and efficient.

What is NetMap?

Reveal the hidden connections and relationships among claimants, providers, and businesses to aid in identifying systemic insurance fraud. The advanced analytics provided by NetMap significantly enhance the Special Investigations Unit's ability to discover fraudulent networks within their claims. This software quickly analyzes claim information, public records, and other relevant data to reveal trends indicative of fraudulent activities. Equipped with powerful analytics and visualization capabilities, SIU analysts can rapidly pinpoint intricate patterns of deceit. By transforming what typically takes weeks of investigation into mere hours, NetMap not only boosts the efficiency of organized claims fraud investigations but also speeds up the transition from detection to referral, leading to a more effective strategy for tackling fraud. Furthermore, employing these analytical tools results in better-informed decision-making and contributes to improved outcomes across the insurance sector, fostering a more secure environment for all stakeholders involved.

Media

Media

Integrations Supported

Stripe

Integrations Supported

API Availability

Has API

API Availability

Pricing Information

¢5 per transaction reviewed

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS
Windows

Customer Service / Support

24 Hour Support
Web-Based Support

Customer Service / Support

24 Hour Support

Training Options

Documentation Hub
Online Training

Training Options

On-Site Training

Company Facts

Organization Name

Stripe

Date Founded

2010

Company Location

United States

Company Website

stripe.com/radar

Company Facts

Organization Name

Verisk Analytics

Date Founded

1971

Company Location

United States

Company Website

www.verisk.com/insurance/products/netmap-analytics/

Categories and Features

Fraud Detection

Not specified

Categories and Features

Fraud Detection

Check Fraud Monitoring
Custom Fraud Parameters
For Insurance Industry
Internal Fraud Monitoring
Investigator Notes

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