Fraugster
Company Information
Fraugster is a German-Israeli anti-fraud company that uses artificial intelligence to eliminate fraud and increase customers’ profits.
Industries: | Software RegTech FinTech Artificial Intelligence Data and Analytics Privacy and Security Mobile Science and Engineering Payments | |
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Locations: | Berlin | |
crunchbase: | http://www.crunchbase.com/organization/fraugster | |
twitter: | https://www.twitter.com/fraugster | |
facebook: | https://www.facebook.com/fraugster | |
linkedin: | https://www.linkedin.com/company/fraugster | |
homepage: | https://fraugster.com | |
Description: | Fraugster is a German-Israeli anti-fraud company that uses artificial intelligence to eliminate fraud and increase customers’ profits.
Fraugster's journey began in 2014 with the vision to design and build an anti-fraud technology that can help create a fraud free world - one where no one has to care about managing risk again. After years of working in the payments industry, the founders experienced first-hand the challenges of fraud for e-commerce merchants. The founders discovered that all existing anti-fraud solutions were built on outdated technologies and therefore not good enough to deal with sophisticated cyber criminals. Existing rule-based systems as well as classical machine learning solutions are expensive and can't adapt to new fraud patterns in real-time, hence inaccurate. |
Employees
51-200
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