nSure.ai provides a dedicated machine learning model that specializes in fraud prevention for high-risk digital transactions, ensuring real-time decision-making with approval rates up to 98%. The platform guarantees 100% liability for fraud-related chargebacks, significantly reducing financial risk for businesses in sectors like crypto, gaming, and prepaid cards.
Funding
$25.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
MVFounders
Product
Problem
High-risk digital merchants, particularly those in crypto, gaming, and prepaid cards, face significant financial losses due to payment fraud and chargebacks. Existing fraud prevention tools often result in high false positive rates, declining legitimate transactions and impacting revenue. Traditional KYC processes can also deter new users, leading to customer acquisition and retention challenges.
Solution
nSure.ai provides an AI-driven payment fraud prevention solution tailored for high-risk digital transactions, enabling real-time decision-making and higher approval rates. The platform employs adaptive AI with dedicated models for each customer, trained on their specific data to identify behavioral patterns indicative of fraud. nSure.ai's solution analyzes hundreds of thousands of data points in under 500ms to deliver full fraud decisions, distinguishing between fraud-suspected buyers and actual fraudsters. The platform also offers features like SoftApproval, StingBack, and DynamicKYC to extract more from declines and minimize friction for legitimate customers. nSure.ai guarantees a net incremental profit and assumes 100% liability for fraud-related chargebacks, reducing financial risk for merchants.
Target Audience
The primary target audience includes crypto exchanges, wallets, onramps, gaming platforms, and prepaid & gift card merchants seeking to reduce payment fraud, increase approval rates, and improve customer experience.
Features
- Adaptive AI: Dedicated machine learning models trained on customer-specific data for superior accuracy
- Real-time Decisioning: Fraud decisions delivered in under 500ms by analyzing hundreds of thousands of data points
- SoftApproval: Leverages behavioral economics to challenge fraud-suspected buyers, reducing false positives
- StingBack: Patented protocol that wastes fraudsters' time by providing zero-value keys while refunding the transaction
- DynamicKYC: Minimizes customer verification friction, reducing decline rates associated with traditional KYC processes
- Chargeback Guarantee: 100% liability coverage for fraud- and service-related chargebacks
- Dedicated API and SDK: Customer-specific API documentation for deployment in 15 days
- 24/7 White Glove Support: Technical support and guidance from fraud prevention experts