Ethoca360 services shrink the total cost of fraud

Ethoca360 fraud detection services leverage Global Fraud Alliance member data, the world's largest private database of high quality e-commerce transaction data. This pooled data resource contains 100s of times more data than most Alliance members have on their own, improving their fraud detection accuracy by up to 10 times.

Unsurpassed accuracy

Running both statistical and behavioral analytics against this massive data pool, means you get the most accurate results and fraud decisions possible -- detecting up to 70% or more of your card-not-present fraud.

What it means for you:

How do Ethoca360 services reduce my TCoF?

If you had perfect information about all orders being placed in real time, you would know who is a good customer, know who the criminals are, and screen only the tiny percentage of orders where there is risk.

You can't have perfect data -- but you can leverage hundreds of millions more  experience records than you have yourself through the Global Fraud Alliance.

Ethoca powers the Global Fraud Alliance, a member-based collaborative of online merchants, providing the platform and managing the high performance repository which enables them to pool their transaction data into a single resource.

Taking on e-commerce (card-not-present) fraud

E-commerce (card-not-present) fraud is a costly problem. Teenagers hacking in their parents' basement for fun have been one-upped by multi-national cybergangs of organized criminals.

You've gotten better at blocking simple fraud tactics, but criminals have raised the ante, sharing their techniques, knowledge and your known vulnerabilities. With stolen credit card data, they hit fast and hit hard, with automated attacks that hit merchants in different industries and in different parts of the world simultaneously.

There are many niche products and services you can enlist that will help deter fraud somewhat. Ethoca's mission is to reduce your Total Cost of Fraud -- attacking all the costs simultaneously.