Payments Fraudvendor landscape.

Real-time AI Fraud Scoring for Card Payments

Mastercard Decision Intelligence provides real-time AI-powered fraud scoring for card transactions across Mastercard's global payment network. By analyzing 100+ variables per transaction — including network-wide spending patterns, merchant context, and device signals — Decision Intelligence scores every Mastercard transaction in under 50ms, helping issuers make more accurate authorization decisions.

Global Card Fraud Scoring on the Visa Network

Visa Advanced Authorization (VAA) applies real-time machine learning to score every Visa transaction for fraud risk at the time of authorization. VAA analyzes Visa's global transaction data — 200+ billion annual transactions — combined with merchant data, device data, and behavioral patterns to generate risk scores that help issuers make real-time authorization decisions.

Mobile Banking Malware & Fraud Intelligence

ThreatFabric specializes in mobile banking fraud and financial malware intelligence, providing banks with a unified view of mobile fraud threats targeting their customers. Their platform detects mobile malware, RATs (Remote Access Trojans), and overlay attacks in real-time — combined with on-device fraud detection via their Fraud Risk Suite SDK.

Collaborative Fraud Intelligence for Canadian Financial Institutions

Symcor Cor IQ is a fraud intelligence and analytics platform built specifically for the Canadian financial services ecosystem. Originally established as a shared-services utility by Canada's Big Five banks, Symcor processes billions of payment transactions annually and leverages that scale to deliver collaborative fraud intelligence through Cor IQ. The platform specializes in cheque fraud detection, payment fraud analytics, and cross-institution data sharing — enabling participating financial institutions to identify fraud patterns that would be invisible in siloed data. Cor IQ ingests transaction data, applies behavioral analytics and machine learning, and surfaces actionable intelligence for fraud investigators and operations teams. Its consortium model means FIs benefit from network effects: the more institutions share, the stronger the detection signal across cheque, wire, EFT, and digital payment channels. Symcor also provides Confirmation of Payee (CoP) and Payee/Payor verification services — validating that account names match account numbers before funds are transmitted, protecting Canadian FIs and their customers from misdirected payments and APP fraud.

AI Payment Fraud Prevention for Merchants and PSPs

Fraugster is a Berlin-founded AI payment fraud prevention company specialising in real-time transaction scoring for payment service providers and merchants. The company's proprietary AI mimics human intelligence to evaluate thousands of signals per transaction — detecting fraud patterns including card-not-present fraud, account takeover, and friendly fraud — while minimising false positives that harm legitimate customer experiences. Fraugster's explainable AI model allows fraud analysts to understand why a transaction was flagged, supporting chargeback disputes and regulatory reporting. Acquired by Payone (Germany's leading payment provider) in 2023, Fraugster now forms the AI intelligence layer within Payone's payments stack, bringing advanced ML fraud prevention to a large European merchant base.