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What is Verifi?
Verifi distinguishes itself as an innovative and reliable partner, dedicated to crafting simple solutions that deliver substantial advantages for contemporary sellers, issuers, and acquirers. Our approach emphasizes close collaboration with partners to offer flexible solutions tailored to the unique needs of each business. Sellers are equipped to effectively handle refunds and cancellations for legitimate transactions as well as confirmed fraudulent cases, which helps to avert potential disputes. Our experienced team at Verifi expertly manages all elements of dispute resolution, aiming to boost success rates and recover revenue lost due to disputes. Cardholders benefit from the ability to access detailed information about sellers and transactions, allowing them to confirm their purchases with ease. By enhancing the cardholder experience with rich information available through online and mobile banking platforms, we ensure a more seamless process. Furthermore, our automated system provides real-time resolutions for pre-disputes according to the parameters established by sellers, significantly improving the cardholder experience with prompt and definitive results. Issuers already directing dispute traffic are effortlessly linked to sellers worldwide, creating a more streamlined ecosystem. As we persist in our commitment to innovation, we remain focused on generating value and enhancing interactions among all participants involved in the process. Our ongoing efforts aim to further simplify and optimize every aspect of transaction management for all stakeholders.
What is RiskNet?
The aiRiskNet® platform operates as a self-service rules engine for real-time and near real-time detection and prevention of payment fraud and suspicious activities, catering to card issuers, acquirers, payment service providers (PSPs), and merchants around the world. This adaptable solution can be implemented as either licensed software on-premises or through a cloud-based service on Azure. Engineered to protect the entire payment ecosystem, aiRiskNet® features a modular design with three main configurations that can operate independently or be seamlessly integrated into a broader enterprise solution. Notably, aiRiskNet® Acquirer is dedicated to managing risks associated with merchants and identifying fraud across various payment channels, such as point-of-sale (POS) and ATM transactions. On the other hand, aiRiskNet® Issuer specializes in fraud detection for financial entities and card issuers, covering all types of card payments, including credit, debit, pre-paid, private label, and e-wallets, while also addressing other payment mechanisms like cheques, ACH, and wire transfers. This flexibility allows users to combat fraud effectively, aligning the solution with their individual operational requirements. Additionally, the platform provides ongoing updates and enhancements to adapt to the ever-evolving landscape of payment fraud.
Integrations Supported
Amiko
Chargebackhit
MidMetrics
Midigator
NOTO 360
PAYARC
API Availability
API Availability
Pricing Information
Pricing not provided
Pricing Information
Pricing not provided
Free Trial Offered?
Supported Platforms
SaaS
Supported Platforms
SaaS
On-Prem
Customer Service / Support
Standard Support
Web-Based Support
Customer Service / Support
Standard Support
Web-Based Support
Training Options
Documentation Hub
Webinars
Training Options
Documentation Hub
Webinars
On-Site Training
Company Facts
Organization Name
Verifi
Date Founded
2005
Company Location
United States
Company Website
www.verifi.com
Company Facts
Organization Name
The ai Corporation
Date Founded
1998
Company Location
United Kingdom
Company Website
www.aicorporation.com/products-services/risknet/
Categories and Features
Chargeback Management
For Merchants
eCommerce Fraud Protection
Not specified
Categories and Features
eCommerce Fraud Protection
Not specified
Fraud Detection
Not specified