Choosing a Third-Party Fraud Prevention Vendor: Four Delivery Models and Eight Providers Compared
Third-party fraud vendors all look like they "score whether a transaction is fraudulent", but what they actually deliver differs enormously. Some hand you a score and leave the decision to you, some return a ship-or-decline verdict and absorb the loss, some take over an entire investigation workflow, and some only arrive after the chargeback has already happened. Pick the wrong delivery model and every feature comparison afterwards is wasted effort. This article separates eight vendors by four delivery models and gives the five dimensions that actually decide the choice.