Precognitive’s platform protects merchants from critical threats including payment fraud, bot attacks, card testing, account creation, account takeover and return abuse. By combining device intelligence, advanced behavioral analytics, and machine learning, our technology empowers merchants to identify and thwart malicious activity in real-time. Our unrivaled level of accuracy in fraud detection and prevention benefits merchants immediately by significantly reducing fraud-related revenue loss and operational costs while increasing customer satisfaction and revenue through higher approval rates for genuine transactions.
Precognitive’s solution offers full protection from the initial interaction point, monitoring sessions, devices, and users to proactively prevent attacks, lower manual review time, reduce false positives, and create a frictionless experience. Our customers garner an average of 70% reduction in fraud chargebacks, 85% decrease in account takeovers, and a 4-6% increase in ecommerce sales by reducing false positives. Merchants also benefit from increased fraud-related operational efficiencies, with an average 79% decrease in orders requiring manual review.
Precognitive provides flexible billing models so can you choose what works best for your business. Use the platform as a self managed SaaS hosted, a fully managed solution with our fraud team reviewing your orders, or as a chargeback guarantee model.