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NoFraud Protects SMB eCommerce Merchants

AI-powered fraud fighting technology incorporating every type of machine learning technology has been available from NoFraud since 2015, which has more than 3,000 small and midsized (SMB) ecommerce customers in the U.S. The company says it has steadily focused its data science on the accuracy of its risk model to reduce false positive declines for fraud. Typically, chargebacks, false positive declines, manual review of suspect transactions and the inconsistencies in software systems reduce the online revenue of an SMB retailer by about 50 basis points. NoFraud works to reduce that figure by...

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April 2022
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