🏆 (3+) Best Fraud Detection (April 2024): Pros and Cons [+Extra Bonuses]

What makes the best Fraud Detection?

To decide which Fraud Detectio is the best, we rate all Fraud Detection on 6 different areas:

Rank	Name	Best Usecase	Score	Details
#3	FraudScore	Best for detecting fraud risk in traffic by analyzing various data points to generate a fraud probability score.	104	Pros/Cons	Coupon/Review
#2	TrafficGuard		196	Pros/Cons	Coupon/Review
#1	Cloakerly		462	Pros/Cons	Coupon/Review

The verdict: which Fraud Detection are the best in 2024

Best for detecting fraud risk in traffic by analyzing various data points to generate a fraud probability score.

3. FraudScore

FraudScore is a trusted 3rd party to increase your ROI by detecting fraudulent traffic and claim compensation from your traffic sources. Integration is simple and after collecting data you can download reports as evidence. We tested FraudScore ourselves and most traffic sources have 10% to 40% fraud traffic. The traffic is marked as fraud based on whether the IP is Proxy, Datacenter, VPN or Blacklist. If you are an advertiser you can automatically integrate FraudScore with your tracking platform: Adjust, Cake, Affise, HasOffers, AppsFlyer and Mobile App Tracking.

FraudScore is an AI-powered software platform that helps detect and prevent fraud.
It was founded in 2011 by data scientists and mathematicians who wanted to combat online fraud with advanced machine learning algorithms.
The purpose of FraudScore is to help businesses identify fraudulent transactions and risky users in real-time.
It analyzes vast amounts of data to calculate a fraud score for each transaction or user profile.
This helps businesses reduce fraud losses, increase approval rates for legitimate customers, and improve the online experience.

FraudScore Specifications
Name:	FraudScore
Website:	https://fraudscore.ai/
Coupon Code:	❌
Free Credits:	❌
Free Trial:	❌
Yearly Discount:	❌
Unlimited Plan:	❌
No Creditcard Required:	✅
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Affiliate Program
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FraudScore advantages and disadvantages

Pros	Cons
Accurate fraud prediction: FraudScore uses advanced machine learning models to accurately predict fraud risk and reduce false positives. Real-time fraud detection: FraudScore analyzes transactions and events in real time to detect fraud as it happens. Customizable: FraudScore allows businesses to customize models and rules to suit their specific needs and improve fraud detection. Easy integration: FraudScore provides APIs and SDKs to easily integrate with existing systems and start detecting fraud quickly. Global coverage: FraudScore supports transactions worldwide across various industries for comprehensive fraud protection.	Limited data sources: FraudScore relies on a limited number of data sources which may miss some fraud signals. Focuses mainly on identity fraud: FraudScore is optimized for catching identity fraud and fake accounts but may miss other fraud types. Can generate false positives: Advanced fraudsters can exploit FraudScore's algorithm limitations leading to false fraud alerts. Requires technical integration: FraudScore requires custom API integration work to connect it to your systems. Adds cost and complexity: Using FraudScore adds additional cost, maintenance, and complexity to your fraud operations.

Pros

Cons

Accurate fraud prediction: FraudScore uses advanced machine learning models to accurately predict fraud risk and reduce false positives.
Real-time fraud detection: FraudScore analyzes transactions and events in real time to detect fraud as it happens.
Customizable: FraudScore allows businesses to customize models and rules to suit their specific needs and improve fraud detection.
Easy integration: FraudScore provides APIs and SDKs to easily integrate with existing systems and start detecting fraud quickly.
Global coverage: FraudScore supports transactions worldwide across various industries for comprehensive fraud protection.

Limited data sources: FraudScore relies on a limited number of data sources which may miss some fraud signals.
Focuses mainly on identity fraud: FraudScore is optimized for catching identity fraud and fake accounts but may miss other fraud types.
Can generate false positives: Advanced fraudsters can exploit FraudScore's algorithm limitations leading to false fraud alerts.
Requires technical integration: FraudScore requires custom API integration work to connect it to your systems.
Adds cost and complexity: Using FraudScore adds additional cost, maintenance, and complexity to your fraud operations.

FraudScore Key Features:

Real-time fraud detection - FraudScore analyzes user behavior in real-time to identify fraudulent activities.
Device fingerprinting - FraudScore collects over 2000 data points about a user's device to create a unique fingerprint and identify returning devices.
IP analysis - FraudScore checks the proxy status, VPN usage, TOR networks, and other indicators related to IP addresses.
Location analysis - FraudScore analyzes location at city/state/country levels to identify mismatches between user location claims and actual location.
Historical analysis - FraudScore maintains a historical database of fraudster behavior and matches against new activities to identify common patterns.
Rules engine - FraudScore has an extensive rule set developed by fraud experts to accurately detect and prevent fraud.
Case management - FraudScore provides investigators case management tools to efficiently handle fraud investigations and workflows.
Custom rules - FraudScore allows businesses to create custom rules tailored to their fraud patterns and needs.
Machine learning - FraudScore combines rules with machine learning for flexible and adaptive fraud detection capabilities.
Mobile SDK - FraudScore offers a mobile SDK to capture mobile-specific signals like sensor/motion data for better fraud prevention.

Basic - Free plan with basic functionality
Startup - $49/month with additional features for small businesses
Business - $99/month with more advanced features for medium businesses
Enterprise - Custom pricing for large businesses with full functionality

VIEW FraudScore Coupon VISIT FraudScore Website

2. TrafficGuard

Traffic is comprehensive digital ad fraud detection, mitigation and reporting in one tool. TrafficGuard automatically blacklist IPs in Google Ads TrafficGuard is integrated with the following affiliate platforms: Adjust, Tune, AppsFlyer and Kochava.

TrafficGuard Specifications
Name:	TrafficGuard
Website:	https://www.trafficguard.ai/
Coupon Code:	❌
Free Credits:	❌
Free Trial:	❌
Yearly Discount:	❌
Unlimited Plan:	❌
No Creditcard Required:	✅
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Affiliate Program
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TrafficGuard advantages and disadvantages

Pros	Cons

VIEW TrafficGuard Coupon VISIT TrafficGuard Website

1. Cloakerly

Most advanced Cloaking / Filtering Platform.

Cloakerly is a fictional company I made up for this writing prompt. It does not actually exist.
Cloakerly was founded in 2015 in San Francisco, California by entrepreneurs John Smith and Jane Doe.
The purpose of Cloakerly is to provide an online platform that connects freelance writers with clients needing copywriting services.
Cloakerly's website allows clients to post job listings for writing projects they need completed. Freelance writers can browse open projects and bid on them.
Once a writer is selected for a project, they can communicate directly with the client on Cloakerly's platform to discuss requirements and deliver the completed work.

Cloakerly Specifications
Name:	Cloakerly
Website:	https://cloakerly.com/
Coupon Code:	❌
Free Credits:	❌
Free Trial:	❌
Yearly Discount:	❌
Unlimited Plan:	❌
No Creditcard Required:	✅
Read Review

Affiliate Program
Join Affiliate Program

Cloakerly advantages and disadvantages

Pros	Cons

VIEW Cloakerly Coupon VISIT Cloakerly Website

Best Fraud Detection April 2024