TLDR: Short on time and want to jump straight to the answer?
As per our research, the best Fraud Detection Software for most people is Fraud.net.
Fraud detection software is used by financial institutions to prevent financial crimes such as money laundering and tax evasion. The detection software uses behavioral analytics and artificial intelligence to identify unusual activity in a customer’s credit history that might suggest possible fraudulent activity. These systems are used worldwide by businesses in large organizations as well as small businesses to monitor their computer systems for unusual activity or signs of attempted fraud. It’s often used alongside other monitoring tools such as network monitor, web monitoring, or software used to collect transaction data. You can eliminate fraud from your business by using fraud detection software.
After researching dozens of Fraud Detection Software options available in the market today, we have compiled this list of top 8 Fraud Detection Software to help you find the perfect solution based on your specific needs.
The 8 Best Fraud Detection Software
Here are our top picks for the best Fraud Detection Software,
- Fraud.net – Overall Best Fraud Detection Software
- Sift – Simple and Easy to Use Fraud Prevention Software for Beginners
- Experian – Most Popular Fraud Prevention Solution
- SAS Fraud Management – Most Versatile Fraud Detection Solution for Flexibility and Customization
- Stripe Radar – Best Fraud Management Solution with Fast and Reliable Support
- Cybersource – Most Affordable Fraud Detection Software for Banks
- Kount – Best Freemium Website Fraud Detector
- Plus TI – Top Rated Fraud Prevention Software
So, let’s read on further to get a complete idea of our top Fraud Detection Software picks for this year.
1. Fraud.net – Overall Best Fraud Detection Software
Reduce fraud with real-time, AI-powered fraud detection, case management and advanced analytics. Schedule a free demo today. Fraud.Net – AI fraud detection and prevention for enterprises.
2. Sift – Simple and Easy to Use Fraud Prevention Software for Beginners
Fraud prevention solutions that enable your business to innovate & grow without increased risk. Protect your customers and commerce with sift fraud solutions. Digital trust & safety: Go beyond fraud prevention with sift sift logo sift logo.
3. Experian – Most Popular Fraud Prevention Solution
Assess fraud to maximize resources and minimize impact with experian. Fraud detection – experian.
4. SAS Fraud Management – Most Versatile Fraud Detection Solution for Flexibility and Customization
Sas fraud management uses industry-leading data analytics and machine learning to monitor payments and nonmonetary transactions, as well as events, enabling you to identify and respond to unwanted and suspicious behavior in real time. Sas fraud management – sas machine-learning.
5. Stripe Radar – Best Fraud Management Solution with Fast and Reliable Support
Fraud prevention for credit card payments with stripe radar. Radar provides modern tools and integrated solutions for your payments platform. Stripe radar: Fraud prevention for credit cards & payments.
6. Cybersource – Most Affordable Fraud Detection Software for Banks
Our multi-layered fraud and risk management solutions help you protect and grow your business and revenue. Find out more here. Fraud and risk management – cybersource.
7. Kount – Best Freemium Website Fraud Detector
Prevent chargebacks, reduce manual reviews, and accept more good orders with industry-leading fraud protection used by over 9,000 companies globally. Leading ecommerce fraud protection & chargeback prevention Twitter facebook instagram LinkedIn YouTube.
8. Plus TI – Top Rated Website Fraud Detector
Monitor plus dbfd™ (Digital banking fraud detector) Is a comprehensive solution that prevents external and internal fraud in digital banking (Mobile and web). This system helps reduce loss, improves customer experience and loyalty with its low-friction interaction. Digital banking fraud prevention – plus ti.
Final Thoughts – Best Fraud Detection Software
The right Fraud Detection Software for you, depends on your specific needs, of course. Most of our top Fraud Detection Software picks include a free trial, so don’t be shy about trying a few different brands until you find a perfect fit.
In review, here are our top 8 picks for the best Fraud Detection Software.
| Name | Use Case | Website Link |
|---|---|---|
| 1. Fraud.net | Overall Best Fraud Detection Software | Try Now |
| 2. Sift | Simple and Easy to Use Fraud Prevention Software for Beginners | Try Now |
| 3. Experian | Most Popular Fraud Prevention Solution | Try Now |
| 4. SAS Fraud Management | Most Versatile Fraud Detection Solution for Flexibility and Customization | Try Now |
| 5. Stripe Radar | Best Fraud Management Solution with Fast and Reliable Support | Try Now |
| 6. Cybersource | Most Affordable Fraud Detection Software for Banks | Try Now |
| 7. Kount | Best Freemium Website Fraud Detector | Try Now |
| 8. Plus TI | Top Rated Fraud Prevention Software | Try Now |
We hope that you found this guide helpful in choosing the best Fraud Detection Software for your specific needs. Feel free to share the article with your friends and help spread the knowledge.
