The eCommerce industry is expected to generate more than $700 billion in the U.S. by 2023. Effective fraud prevention tools rely on robust data and advanced technology that enable businesses to have a frictionless customer experience. This report assesses vendors in eCommerce fraud protection and ranks Kount the highest within the industry of companies that don’t rely on the chargeback guarantee model.
"Kount has been noted for its strong growth and innovation performance in our analysis. The company has a proven track record and is solely focused on fraud protection, enabling agility in innovation,” said Vikrant Gandhi, Industry Director, Information & Communications Technologies, Frost & Sullivan. “Kount has experienced rapid growth across many verticals, leading to its favorable positioning along the growth index. Recently introduced innovations, such as advanced AI and the Friendly Fraud Prevention Solution featuring the Visa Merchant Purchase Inquiry (VMPI) program help strengthen the company’s long-term growth outlook."
© Kount 2020 Inc.