Eye4Fraud, a leading provider of advanced fraud prevention solutions, has been honored for the third consecutive year on the Inc. 5000 list of the fastest-growing private companies in America. This prestigious 2023 recognition reaffirms Eye4Fraud’s commitment to innovation and excellence in combating online fraud.
The company of Eye4Fraud has come a long way since it was established in 2012. At its start, the company was an offshoot of a financial services company. The leadership of that company saw an urgent need for fraud protection for e-commerce businesses. It took just two years for Eye4Fraud to become its own independent brand.
Eye4Fraud is on the Inc. 5000 list for the third consecutive year and is widely considered among the industry leaders in fraud protection. For those unfamiliar with the services provided by Eye4Fraud, they work to protect e-commerce businesses from professional fraudsters. What professional fraudsters do is steal credit card information and make purchases illegally. Once a cardholder contests the charges, the credit card company will deduct the money from the business account. Meanwhile, the products or services are gone.
Understanding that businesses can’t grow when they are giving away their product or services for free, Eye4Fraud works to ensure that only legitimate transactions take place on the websites of their clients.
Every transaction that takes place on the website of an Eye4Fraud client is screened via proprietary advanced machine learning technology. The technology can review a customer’s profile and flag any unusual activity. For instance, some of the data that the technology reviews include:
- IP location
- Behavioral Data
- Purchasing History
- Email Address
- Public Records
- Issuing Bank Data
These elements and more are reviewed within two minutes, and orders are either rejected or approved. When an order is flagged as suspicious, it must go through a review process conducted by the trained agents at Eye4Fraud. This is the only way a company can be sure they are correctly rejecting adverse orders without sacrificing the business they should be earning. The speed and reliability of the service provided by Eye4Fraud led to rapid growth, which has earned them its place on the Inc. 5000 list.
Inc. 5000 is an annual list compiled by Inc. Magazine, showcasing the most successful and dynamic privately held companies in the United States. The Inc. 5000 list lists companies that set America’s entrepreneurial benchmark. For more than 40 years, the Inc. 5000, has helped showcase the company’s enjoying success via their commitment to pushing their industry forward.
Some of the companies that have been highlighted on previous Inc. 5000 lists include:
- Microsoft
- Under Armour
- Chobani
While appearing once on the Inc. 5000 list is a significant achievement, only a select few can maintain their position for multiple years. Eye4Fraud’s consistent presence on this esteemed list for three years highlights its sustained growth and industry leadership in fraud prevention. The company is excited for the challenge of earning a spot next year and the years that follow.
With cutting-edge technologies and AI-powered solutions, Eye4Fraud continues to safeguard e-commerce businesses, financial institutions, and online entities against evolving fraudulent activities, ensuring a secure experience for their customers.
We are immensely proud to be recognized on the Inc. 5000 list for the third time,” said Leo Dresdner, CEO and Founder of Eye4Fraud. “This success reflects our team’s dedication and our clients’ trust. We remain committed to staying ahead of fraudsters and protecting businesses worldwide.”
Leo Dresdner continues, “Professional online fraudsters are growing in number and evolving in skill. As they continue to advance the tactics they use to commit credit card fraud, we will continue to upgrade our technology to ensure our clients remain ahead of their attacks.”
Eye4Fraud is excited to share the Inc. 5000 list with other successful entrepreneurial endeavors. As a business that thrives by ensuring other businesses are able to maximize their potential, it’s extremely inspiring to see the hard work of so many businesses paying off. When a company is able to grow thanks to their innovation and unmatched customer service, it’s a win for everyone involved.
For those interested in learning more about the award-winning services that have helped place Eye4Fraud on the Inc. 5000 list for the third consecutive year, they can do so at the company’s official website: https://eye4fraud.com/
For those looking for the Inc. 5000 list, complete results, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000
