Company Overview

About FraudLabs Pro

FraudLabs Pro Details

Founded

2013

Revenue

$2.4M

Team Size

50

What SIA Thinks

FraudLabs Pro is a service designed to help businesses detect and prevent fraudulent transactions in real-time, catering specifically to e-commerce and online payment processes. It caters to a wide range of users, from small startups to large enterprises, offering solutions that can easily adapt to various business needs.

At its core, FraudLabs Pro is all about providing peace of mind. When your customers make online purchases, there's always a risk of fraudulent activity, which can have a severe impact on your bottom line and your brand's reputation. FraudLabs Pro works behind the scenes to analyze transactions, identifying potential fraud by looking at various factors like geolocation, device ID, and even custom rules that you can set up based on your business requirements.

Getting started with FraudLabs Pro is simple. There's an easy integration process that lets you connect the service to your existing e-commerce platform or payment gateway without needing advanced technical skills. Once integrated, it begins analyzing transactions instantly, giving you real-time feedback that helps you make informed decisions about whether to approve, reject, or further review transactions.

User-friendliness is a big part of what makes FraudLabs Pro valuable. The dashboard is straightforward and designed to give you a clear view of your transaction data. You can easily customize how alerts are sent to you, whether through email, SMS, or other channels, so you never miss any suspicious activity.

Another key feature is its flexibility. Whether you want to use pre-written rules or customize your own, you have the control to tailor the service to fit your specific needs. FraudLabs Pro also offers comprehensive reporting tools, so you can keep track of your past transactions and continually adjust your fraud prevention strategies based on insightful data.

In summary, FraudLabs Pro aims to simplify the complex task of fraud detection and prevention, offering an accessible, reliable, and flexible solution to help safeguard your business from fraudulent activities.

Pros and Cons

Pros

  • Customizable settings
  • Comprehensive reports
  • Time-saving features
  • Easy integration
  • Affordable pricing

Cons

  • Basic interface
  • Subscription cost
  • False positives
  • Limited support
  • Complex setup

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