Rank | Company Name | Year | Revenue | Fulltime | Active | Client | Pricing | Major Clients | Other Core | Analysis  | Implementation | Communication | Strategy | Automation | Overall Score 0100GVGE | Change in Rank |
1
2007
$250,000 - $1 million
1 - 10
1,000+
92%
H
zoovy, Planet payment, Targus info, LexisNexis, Lime Light
Risk Management / Compliance, High Risk Processing
100
100
100
100
100
+4
2
2002
$3 million - $5 million
51 - 100
5,000+
87%
H
Confidential
Fraud Detection
98
99
100
98
100
-1
3
2010
$1 million - $3 million
26 - 50
3,000+
90%
H
nGate, IP Viking
Encryption / Information Security
96
98
99
98
100
+1
4
Randolph Alamo
347-565-8879 
More info
2009
$3 million - $5 million
11 - 25
5,000+
90%
H
Confidential
Merchant Site Inspection
97
98
97
99
95
-1
5
2003
$1 million - $3 million
11 - 25
66
93%
H
Confidential
Enterprise Payment Processing Consulting, Risk Management / Compliance
95
99
96
97
95
-3
We evaluate and rank fraud detection services in order to assist businesses in finding reputable providers of solutions for identify potential risks for fraudulent transactions. During our evaluation, we delve into how each service analyzes a transaction in order to determine the level of risk associated with the transaction. It is important for the vendor to have both automated and manual reviews of transactions.
For businesses it is important for the implementation of the fraud detection solution to be simple and automated. The service should require as little work from the merchant as possible to make it work properly. During our evaluation, we investigate how much work is required by the merchant to provide the vendor with the information they require to ensure a comprehensive analysis of the purchase and transaction.
Another crucial area of our analysis involves the level of communication the vendor has with their merchants in regards to potentially fraudulent transactions. It is important for the vendor to provide their merchants with as much information available while also having an open line of communication to discuss why a particular transaction or check has been flagged and to determine the best way to proceed.
We also spend time analyzing the strategy which the fraud detection company uses in order to identify potentially fraudulent transactions. The underlying methodology and the research conducted by the fraud detection company is important to ensuring that the process is sound in regards to identifying transactions which exhibit a pattern associated with past fraudulent or malicious purchases and transactions.
It is important for the vendor to have an understanding of the importance of automation in providing their fraud detection services. Automation ensures that the vendor will be able to handle a large volume of transactions while being able to have a process in place to manually review flagged entries or events. It is an opportunity for the vendor to produce an efficient fraud detection service utilizing the latest technologies.
Best Online Fraud Detection Services in our list have been rated 5 out of 5 by more than 380 reviewers and customers. To learn more, view the client testimonials in our vendor profiles.
Suite 103
Naples, FL 34109
Phone: 239-314-0274
Email: [email protected]
