Company Research Report: Fraud.net Inc.

Company Overview

Name

Fraud.net Inc.

Mission of the Company

Fraud.net's mission is to make every digital transaction safe. They operate the first end-to-end fraud management and revenue enhancement ecosystem specifically crafted for digital enterprises and fintechs globally.

Founded

Fraud.net was founded in 2016.

Founders

The company was founded by Whitney Anderson and Cathy Ross, who have extensive experience with financial institutions and online retailers.

Key People

Whitney Anderson - CEO & Founder

Cathy Ross - President | Founder

Oliver Clark - CTO

Kevin Shine - VP Sales & Partnerships

Dan Krebs - VP Business Operations

Rajeev Yadav - CISO

Michael Fossel - Customer Success Manager

Celeste Dwyer - Senior Program Manager

Headquarters

Fraud.net is headquartered in New York City, USA.

Number of Employees

No information is available.

Revenue of the Company

No information is available.

What the Company is Known For

Fraud.net is known for its comprehensive and customizable AI-powered fraud management and prevention platform that leverages cutting-edge risk intelligence to detect and prevent fraud, streamline customer experiences, and enhance transaction security.

Products

Application AI™

Description: Authenticates all types of applications, ensuring early detection of fraudulent activities.

Key Features: Real-time risk assessments, authentication for account openings, loan applications, and supplier onboarding. Advanced fraud detection for duplicate and synthetic accounts.

Transaction AI™

Description: Provides real-time fraud and AML transaction monitoring.

Key Features: Accurate fraud detection, reduction in fraud case investigations, handles digital/card payments, loan payments, and cryptocurrency transactions.

Login AI™

Description: Guards against account takeovers.

Key Features: Analyzes biometrics, login history, and other factors for verifying user activities while reducing bot/login attempt frictions.

Account AI™

Description: Provides risk analysis across the entire lifecycle of accounts.

Key Features: Tracks customer interactions from login to transaction, delivers real-time alerts, and enhances customization for fraud management.

Device AI™

Description: Offers real-time insights on website traffic to improve safety and customer speed.

Key Features: Captures device location, language, and fingerprints, identifies bots, trends suspicious activities, and scales quickly.

Email AI™

Description: Protects businesses from Business Email Compromise.

Key Features: Delivers risk scores for emails, detects risky subjects, and improves email productivity through intelligent scoring.

Solutions

AppStore: Access to world-leading data and technology solutions.

AI & Machine Learning: Uses AI-driven techniques for fraud detection.

Analytics and Reporting: Real-time insights and analytics for managing fraud.

Case Management: Streamlining case reviews and fraud investigations.

Collective Intelligence Network: A consortium for shared insights on fraud detection.

Application Fraud, KYC / AML, Payment Fraud: Solutions for specific threats.

Industries Served

Financial Services

Wealth Management

E-Commerce

Travel

Gaming

Government

Insurance

Marketplaces

Mobile

Payments & Billing

Telecommunications

Recent Developments

New Products Launched

No specific new product launches mentioned beyond existing product offerings.

New Features Added to Existing Products

Fraud.net integrates machine learning to enhance fraud detection and employs continuous monitoring to ensure security against evolving customer patterns and market conditions.

New Partnerships

Fraud.net has integrated AtData into their Risk Management AppStore as an enhancement to its solutions portfolio.

Awards and Recognition

Won the 2024 Datos Insights Award for Joint AML and Fraud Transaction Monitoring.

Cathy Ross recognized as a finalist for the 2024 Most Influential Women in Fintech.

Recognized as one of the “10 Best CyberSecurity Companies to Watch in 2024”.

Holds multiple past awards including Stevie® Awards and accolades for AI-driven fraud prevention.

Press Releases

Noteworthy mentions of recognitions in news articles like those from AWS and Wealth & Finance.

Featured in multiple interviews and articles highlighting advances in fraud prevention technology.

This report encapsulates the detailed market assessment of Fraud.net Inc., comprehensively titled towards understanding its offerings, industry positioning, and recent advancements in the fraud prevention sector.