FlexPay
A significant challenge persists in the payment landscape, amounting to a staggering trillion-dollar issue: subscription recurring payments fail approximately 24% of the time. This high failure rate stems from inherent flaws in a payment system designed primarily for one-time transactions rather than ongoing subscriptions.
FlexPay, an innovative FinTech startup, addresses this challenge by assisting merchants in retaining more subscribers through the recovery of failed credit card transactions related to recurring payments, thereby recapturing revenue that would have otherwise been lost. Businesses that rely on recurring payments often face systemic issues within the payment ecosystem, leading to an average rejection rate of one out of every four transactions, with a troubling two-thirds of these rejections being false declines—payments that should have been approved. By leveraging artificial intelligence to enhance payment processes, the FlexPay platform develops tailored recovery strategies for each transaction, resulting in remarkable approval rates.
With its INVISIBLE RECOVERY™ feature, FlexPay engages directly with the payments infrastructure to ensure that customers remain unaware of any payment failures. This approach stands out as the quickest and most effective method for recovering soft declines. Overall, FlexPay not only helps businesses retain their subscribers but also enhances their overall revenue potential.
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Fraud.net
Best-in-class, Fraud.Net offers an AI-driven platform that empowers enterprises to combat fraud, streamline compliance, and manage risk at scale—all in real-time. Our cutting-edge technology detects threats before they impact your operations, providing highly accurate risk scoring that adapts to evolving fraud patterns through billions of analyzed transactions.
Our unified platform delivers complete protection through three proprietary capabilities: instant AI-powered risk scoring, continuous monitoring for proactive threat detection, and precision fraud prevention across payment types and channels. Additionally, Fraud.Net centralizes your fraud and risk management strategy while delivering advanced analytics that provide unmatched visibility and significantly reduce false positives and operational inefficiencies.
Trusted by payments companies, financial services, fintech, and commerce leaders worldwide, Fraud.Net tracks over a billion identities and protects against 600+ fraud methodologies, helping clients reduce fraud by 80% and false positives by 97%. Our no-code/low-code architecture ensures customizable workflows that scale with your business, and our Data Hub of dozens of 3rd party data integrations and Global Anti-Fraud Network ensures unparalleled accuracy.
Fraud is complex, but prevention shouldn't be. With FraudNet, you can build resilience today for tomorrow's opportunities. Request a demo today.
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aiReflex
Fraud.com's aiReflex offers a comprehensive digital risk and trust solution aimed at enhancing your fraud prevention strategies, thereby ensuring a more secure and equitable experience for your customers.
This innovative tool assesses the authenticity of transactions in real-time, employing a robust multi-layer defense system alongside explainable AI to combat fraud and bolster customer confidence.
It provides all the essential features to eradicate both transactional and application fraud, such as:
- Transactional Orchestration
- Adaptive Rule Engine
- AI Engine (Supervised and Unsupervised Machine Learning)
- Simulation Engine
- Dynamic and static lists
- Journey-Time Orchestration
- OmniChannel Case Management
- Centralised Fraud Reporting
Reach out to us at fraud.com to discover how we can assist you in fortifying your fraud defenses while simultaneously lowering costs and enhancing overall customer satisfaction. By leveraging our solutions, you can create a safer environment for your operations and improve trust among your clientele.
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FUGU
FUGU specializes in self-learning systems for fraud prevention, with its advanced software meticulously monitoring online payments after transactions because we truly believe that EVERY PAYMENT COUNTS!
With a month-to-month operational model that poses no risk or long-term commitments, FUGU significantly minimizes false declines by 50%, successfully contests chargeback disputes 60% of the time, and detects various forms of fraudulent activity, including friendly fraud. Additionally, FUGU provides a chargeback liability shift service, addressing both fraud and authorization reason codes.
Living up to our motto, "EVERY PAYMENT COUNTS," we implement a distinctive KYC system that streamlines verification processes, enhancing the success rates to be among the highest in the industry.
FUGU is an essential tool for online payment systems, catering to:
1. eCommerce platforms - compatible with all environments, including a dedicated Shopify app
2. Payment gateways
3. Software as a Service (SaaS) - offering continuous risk assessments
4. Investment firms and exchanges for managing investor deposits
5. Gaming and casino industries
6. Banks and credit card companies
7. Chargeback guarantees
FUGU is compatible with all major eCommerce platforms and provides tailored solutions, including fraud detection and prevention applications for Shopify, WooCommerce, Magento, BigCommerce, and Wix, ensuring comprehensive protection across the board. Furthermore, our commitment to excellence means we continually adapt and improve our offerings to meet the evolving needs of the market.
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