Risk Ident

Risk Ident specializes in developing intelligent software solutions to combat online fraud, particularly in the growing E-Commerce sector. Their tools, including FRIDA and DEVICE IDENT, leverage advanced machine learning algorithms to analyze transaction data in real-time and identify fraudulent activities. With a focus on data protection and compliance with European regulations and GDPR, all data is processed within Germany, ensuring high standards of security.

The threat of online fraud is significant, with statistics indicating that 97% of online merchants have faced attempts at fraud. Risk Ident provides comprehensive fraud prevention tools designed to effectively manage these challenges, thus safeguarding businesses and their customers. The integration of their solutions is streamlined to ensure ease of use and adaptability to the specific needs of different industries, including telecommunications and finance.

FRIDA, one of their key products, allows businesses to make informed decisions by assessing risks in real-time while minimizing false positives. This system not only protects revenue but also enhances customer retention by ensuring legitimate transactions are not disrupted. Through effective implementation and ongoing training for fraud managers, Risk Ident positions itself as a critical partner in the fight against online fraud.

Risk Ident's commitment to raising awareness about fraud prevention is evident through their collaborations with various organizations and educational initiatives. Their solutions have proven effective in significantly reducing fraudulent transactions, contributing to a safer online shopping experience.