Major e-commerce platform processing 10 million transactions monthly
The e-commerce platform was experiencing sophisticated payment fraud costing $12M annually. Traditional fraud detection was slow, generated high false positives (30% of declined legitimate transactions), and couldn't keep pace with evolving fraud tactics. Customer experience was suffering, and operational costs for fraud management were unsustainable.
VettlyGlobal implemented an advanced fraud prevention solution with real-time risk scoring, machine learning algorithms, device fingerprinting, and behavioral analysis. The system evaluates hundreds of risk factors in milliseconds, approving legitimate transactions while blocking fraud with minimal customer friction.
Transaction data analysis and pattern identification (3 weeks)
Risk scoring model development (4 weeks)
Platform integration with payment gateway (3 weeks)
Shadow mode testing with live traffic (2 weeks)
Gradual rollout with monitoring (3 weeks)
Optimization and fine-tuning (ongoing)
$8M in fraud prevented annually (67% reduction)
98% legitimate transaction approval rate
2% false positive rate (down from 30%)
200ms average decision time
45% reduction in chargeback rates
$2.5M annual operational cost savings
VettlyGlobal's fraud prevention solution has been a game-changer. We're preventing millions in fraud while actually improving the customer experience. The system is invisible to legitimate customers but deadly to fraudsters.
Let's discuss how VettlyGlobal can help your organization achieve similar results