#USA #New York #Forter，Fraud Detection，Trust Platform

Forter Recognized as a Leader in Fraud Detection

In an impressive feat, Forter, known as the Trust Platform for digital commerce, has reaffirmed its position as a leader in the field of fraud detection and prevention, as highlighted in the latest Frost & Sullivan Radar Report. This recognition marks the fourth consecutive year that Forter has achieved this esteemed title, signifying its unwavering commitment to innovation and excellence in the market.

Continuous Innovation and Market Leadership

Deepali Sathe, a Senior Industry Analyst at Frost & Sullivan, praised Forter’s capability to adapt to the evolving landscape of fraud. She stated, "Forter incorporates evolving fraud trends into its product development strategy, helping companies improve profitability and move beyond a transaction-based approach to a more holistic consumer approach." This adaptability is crucial in an era where digital commerce is rapidly changing, and the threats associated with it are becoming increasingly sophisticated.

Since its inception in 2013, Forter has transformed the fraud management arena with its cutting-edge AI-driven solutions. The firm has spent years building an expansive platform that addresses the entirety of the digital commerce journey, successfully processing transactions exceeding $2 trillion and protecting around 1.8 billion shoppers globally.

Comprehensive Protection Across Digital Interactions

Forter’s fully automated solutions ensure protection across various digital interactions, including account protection, fraud management, payment optimization, chargeback recovery, and abuse prevention. These integrated solutions consist of their Trust Platform, delivering essential identity intelligence that aids businesses in enhancing conversions, boosting customer lifetime value, lowering loss rates, and accelerating growth.

"Forter’s investment in research and development is evident in its growing suite of offerings aimed at addressing challenges throughout the customer journey," says Sathe. The platform’s identity intelligence enables risk management and digital teams to understand the identity behind every transaction, allowing them to effectively combat advanced fraud attempts.

A Commitment to Customer Success

The recent spring product release showcased Forter's continued innovation, designed to assist businesses in increasing revenue, ensuring a seamless customer experience, and scaling operations efficiently. Furthermore, Forter has expanded its partner ecosystem, achieving exclusive partnerships with giants such as AWS, Shopify, and Salesforce, which helps enhance growth and extend their global footprint.

Cyndy Lobb, Forter’s Chief Product Officer, remarked, “Over a decade ago, Forter pushed the industry forward by taking an identity-focused approach and introducing AI for automated risk decision-making. Since then, we've built the largest first-party dataset and expanded our use of AI to drive revenue uplift and customer lifetime value for the world’s biggest brands.”

The recognition from Frost & Sullivan reaffirms Forter’s dedication to its clients and the ongoing development of its potent platform that safeguards digital transactions.

Continued Leadership in Fraud Prevention

The persistent acknowledgment from Frost & Sullivan signifies not just a recognition of Forter's effective strategies, but also its future potential as an industry leader. Businesses looking for reliable, innovative solutions in fraud prevention can gain insight from Forter’s approach, which has been built on years of expertise in identity protection and fraud prevention technologies.

For further insights and detailed information, the complete Frost & Sullivan Radar Report for Fraud Detection and Prevention (Know Your User) can be accessed via their resource center at Forter’s official website.

About Forter

Forter is revolutionizing the landscape of digital commerce with its Trust Platform, delivering instant and accurate trustworthiness assessments throughout every stage of the buying journey. With a robust track record of processing over $2 trillion in transactions and a vast understanding of identity, Forter stands out as a trusted ally for many industry leaders seeking improved fraud prevention strategies. For more information, visit www.forter.com.