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Product | Market Share (%) |
---|---|
Signifyd | 1.8% |
DataVisor | 0.9% |
Other | 97.3% |
DataVisor is the leading big data fraud detection solution utilizing unsupervised analytics to identify malicious account campaigns before they conduct any damage to banks, consumer-facing web sites and mobile apps. Our unique approach to big data fraud detection does not rely on prior knowledge of attack patterns – “training data” in data science speak.
The rapid expansion of consumer-facing online services has led to an explosion of user accounts, ushering in the “billion user era”. Well-organized attack campaigns are using this growth to their advantage, creating armies of fake and compromised accounts to hide in the shadows and conduct fraud against banks, web sites and mobile apps. It is challenging for trust and safety teams to stay ahead of these fraudsters since rules and models need constant maintenance and are always reacting after the damage has been done. Our approach to big data fraud detection gives you a leg up.
Signifyd, the world’s largest provider of guaranteed fraud protection, enables online retailers to provide a friction-free buying experience for their customers. Signifyd leverages big data, machine learning and domain expertise to provide a 100 percent financial guarantee against fraud on approved orders that later turn out to be fraudulent. This effectively shifts the liability for fraud away from retailers, allowing them to increase sales and open new markets while reducing risk.
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