A new generation fraud prevention platform that leverages digital innovations in artificial intelligence, predictive behavioural analytics and machine learning.
More about 360 Fraudalytix
Staying a step ahead of the fraudsters is critical in amplifying your business assets and reputation. Traditionally moderate to strict return policies have served as the primary way to manage losses incurred due to fraudulent returns. 360 Fraudalytix using Artificial Intelligence that empowers you to strike a balance between fraud protection, customer satisfaction and improving margins.
Product features
- Risk Scoring - Our risk scoring algorithm uses historical data around returns, orders, reviews, and customer shopping behaviour to classify and predict the risk rating of each return as LOW, MEDIUM and HIGH. It allows you to evaluate the fraud risk instantly and to simplify the review process.
- Behavioural Analysis - We employ predictive capabilities to continuously monitor sales and returns for patterns, trends and anomalies. This detects prior unknown risks and uncovers new patterns in fraud.
- Real time Data - Retail fraud can be committed by customers or people posing as customers, store associates, or external criminals or hackers. Our algorithms can learn to identify patterns using transaction data in real time, taking into account all the changes that occur. This makes it easy to quickly respond to suspicious activities.
- Global Monitoring - Integrates with your point-of-sale (in-store) and online store. Our services aggregates, collates and understands patterns from thousands of retailers around the globe to identify, alert and prevent return fraud.
- Integration - Our product integrates seamlessly via the Shopify App. Install 360-Fraudalytix from Shopify and turn the features on. Your business is protected immediately.
As a comprehensive SaaS service, 360 fraud detection system identifies order frauds, return frauds and facilitates customer trust reducing the risk of losing a legitimate sale or long-term customer. Your customers feel valued, appreciated, safe and protected.
Support effectively
If you any need help, please contact us via the support email