BOISE, Idaho — Kount, the leader in AI-driven fraud prevention, has been named one of the Top Ten Cybersecurity Companies to Watch in 2020, according to highly influential Forbes Contributor Louis Columbus. This is the second time this year that Kount has been recognized as an industry pacesetter. In January, Kount was ranked as the leading provider of eCommerce fraud prevention solutions that go beyond chargeback guarantees in the 2020 Frost & Sullivan eCommerce Fraud Prevention Radar Report.
“Kount’s continuously adaptive platform provides certainty for businesses at every digital interaction,” said Columbus in recognizing Kount as a top cybersecurity company in his recent article. “With Kount, businesses approve more good orders, uncover new revenue streams, improve customer experience and dramatically improve their bottom line all while minimizing fraud management cost and losses.”
Columbus notes that organizations have an urgent need to reduce fraudulent transactions, and that many are now relying on AI and machine learning to determine if login requests are legitimate or not based on past behavioral and system use patterns. In his rankings, Columbus highlights Kount’s Omniscore solution as a critical example of how AI and machine learning are providing fraud analysts with insights needed to reduce false positives and improve customer buying experiences while thwarting fraud.
“We are excited to be recognized once again as a leading cybersecurity and fraud prevention provider, and this honor is a testament to our ongoing commitment to innovation and customer success,” said Brad Wiskirchen, CEO, Kount. “Kount is uniquely focused on stopping digital fraud attacks that threaten eCommerce activities. Our next-generation AI solution protects against new and existing fraud attacks, while helping businesses improve the customer experience, increase order acceptance rates, and generate higher revenue.”
Kount’s award-winning AI-driven digital fraud prevention solution protects 6,500 brands from criminal and friendly fraud while helping them achieve their digital innovation goals. Kount’s patented technology combines supervised and unsupervised machine learning, a flexible policy engine, self-service analytics, and a robust case-management and investigation system. www.kount.com