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. What it means for you:
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.
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Ethoca helps you rapidly lower your total cost of fraud. To see how, download How to Lower Your Total Cost of Fraud, a free 11 page expert brief and checklist.
How it works
- 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.
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.