AI - Forter
Empowering digital commerce businesses with AI-driven solutions for fraud prevention, payment optimization, and customer trust.
- Name
- Forter -https://www.forter.com/
- Last Audited At
About Forter
Forter is a leading provider of AI-driven solutions for digital commerce businesses. Their Trust Platform offers accurate, real-time decisions to ensure trust across the entire commerce journey for every customer, every time. The company's mission is to help businesses fight fraud and delight customers at every interaction – from account creation to checkout to returns.
Forter's offerings include Fraud Management, Payment Optimization, Chargeback Recovery, Identity Protection, Abuse Prevention, and Forter Element for PSPs. Their Fraud Management solution helps businesses fight fraud, increase approvals, reduce chargebacks. Payment Optimization minimizes friction, maximizes conversions, and maintains PSD2 compliance. The Chargeback Recovery service automates representation, streamlines operations, and improves win rates. Forter's Identity Protection stops Account Takeover (ATO) attacks to prevent fraudulent purchases, while its Abuse Prevention identifies and stops policy abuse to protect revenue and customer experience. Lastly, the Forter Element for PSPs is built for payment service providers to offer their customers differentiated value.
Forter's technology has been recognized in several reports. They have been named a leader in eCommerce Fraud Prevention by Frost & Sullivan for the third consecutive year and have received unbeatable results as per the Trust Premium Report 2023. On average, businesses who switch to Forter reduce their chargeback rate by 72% and false declines by 46%.
