Fraud, Risk & Compliance
Forter
by Forter
78 reviews
Trusted commerce for travel & OTAs
Category
Fraud, Risk & Compliance
Founded
2013
Headquarters
New York, NY, USA
Overview
Forter protects the world's largest online travel agencies from payment fraud, account takeover, and policy abuse. Using AI models trained on billions of travel transactions, Forter delivers instant approve/decline decisions in under 100ms while guaranteeing chargebacks.
Key Features
Instant Approve/Decline (<100ms)
AI fraud models trained on 1.5B+ daily e-commerce interactions deliver approve/decline decisions in under 100ms at checkout - no customer friction.
Chargeback Guarantee
Forter absorbs 100% of chargebacks on approved transactions. OTAs transfer fraud liability and can approve more orders with confidence.
Travel-Specific Fraud Detection
Purpose-built models detect travel fraud patterns: loyalty point fraud, reseller abuse, stolen credit cards for high-value bookings, fake guest identities.
Account Takeover Prevention
Identify credential stuffing attacks and compromised accounts before fraudsters redeem loyalty points or book with stolen cards.
Policy Abuse Detection
Detect users exploiting promotional codes, free cancellation windows, or referral bonuses through multi-account creation or coordinated attacks.
Pros & Cons
Pros
- +Industry-leading approval rates (>98% for legitimate travel bookings)
- +Chargeback guarantee eliminates fraud risk and accounting complexity
- +Travel-specific models trained on OTA/airline booking patterns
- +Zero customer friction - decisions invisible to legitimate travelers
- +Strong for high-value transactions (flights, hotels, vacation packages)
Cons
- −Enterprise-only pricing - not accessible to small travel agencies
- −Transaction-based fees can be expensive for low-margin businesses
- −Requires integration via API - not a plug-and-play solution
- −Less effective for non-payment fraud (content moderation, seller fraud)
Use Cases
Global OTA Fraud Prevention
Top-5 OTA processes 10M+ transactions monthly through Forter. Reduced fraud losses by 74% while improving approval rates from 92% to 98.4%.
Airline Loyalty Fraud Detection
Major airline uses Forter to detect account takeover attacks targeting frequent flyer accounts - preventing $12M in annual loyalty fraud.
Vacation Rental Marketplace Protection
Short-term rental platform blocked reseller networks using stolen cards to book high-value properties, reducing chargebacks by 89%.