TOP 13 FRAUD DETECTION APIs FOR DIGITAL ONBOARDING

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INTRODUCTION

Fraudsters can take many different forms, such as creating several accounts to obtain discount codes, using credit card credentials that have been stolen to pay for purchases, requesting chargebacks for items that have been delivered, or engaging in triangulation fraud. This post will go over the top fraud detection APIs available right now and why you should use them if your company deals with e-commerce or finance. Check this fraud detector API

TOP 13 FRAUD DETECTION APIs

2.1 IP QUALITY SCORE

Using a combination of both identification and user screening capabilities, IPQualityScore’s fraud detection and prevention solutions can identify fraudulent accounts, fraudulent payments, chargebacks, and harmful users without interfering with company operations.

2.2 PERSONATOR API

Operated by Melissa Global Intelligence this API can validate given contact information (name, address, phone number, and email), clean and validate contact data from the United States and Canada, and guarantee that client data is accurate.

2.3 SOCIAL SCANNER

By monitoring 996 social media websites with usernames, Social Scanner’s robust fraud detection API looks for questionable behaviour on social media platforms, including reviews and phony accounts connected to your company.

2.4 SIGNIFIED

Reportedly, utilizing their API or solutions can assist their clients in approving 5-7% more purchases. Acknowledging the genuine intention behind each online payment, they safeguard their clients and consumers.

2.5 SEON

Fraud managers may easily incorporate SEON’s comprehensive all-in-one solution into their platform through automated, machine-driven workflows. You may develop a comprehensive and adaptable fraud detection approach with the assistance of SEON API’s variety of data points.

2.6 CLEAR SALE

Declaring itself to be the greatest e-commerce fraud detection system globally, ClearSale is dedicated to assisting its clients in spotting potential fraud so they may increase sales and improve customer satisfaction.

2.7 RISKIFIED

E-commerce companies are the target market for Riskified, a risk management platform. By correctly identifying the people behind each online engagement with the business, it allows them to develop trustworthy connections with their consumers.

2.8 SIFT

Sift offers a comprehensive digital trust and safety platform with passwordless authentication, account defense, payment protection, dispute management, and content integrity for a more comprehensive approach to fraud prevention.

2.9 EYE 4 FRAUD

Eye4Fraud aims to flip the strategy used by consumers in use cases where they immediately reject high-value transactions due to concerns about fraud. This allows businesses to accept every purchase and feel comfortable in doing so.

2.10 CERTIFYID

Customers and companies are shielded against wire fraud with CertifID’s fraud detection software. The company’s founders were defrauded of $185,000, so they have firsthand knowledge of a severe wire scam

2.11 KOUNT

Their acquisition by Equifax in 2021—one of the biggest consumer credit reporting organizations globally—brought Kount’s brand a great deal of influence.

2.12 DATA DOME

Data Dome guards websites, applications, and APIs against fraudulent account creation, account takeovers, scraping, denial of service, card cracking, credential stuffing, server overload, and vulnerability scanning.