Machine Learning Fraud Engine
FastSpring uses machine learning to protect Sellers against fraudulent transactions.
FastSpring Sellers have always enjoyed the protection and security of the FastSpring fraud detection and management system.
Enhanced Fraud Detection and Management
Now partnered with Sift, FastSpring Risk Analysis tools are enhanced with the power of machine learning and AI to increase the accuracy of our fraudulent transaction identification.
As a Merchant of Record, FastSpring is committed to managing all fraud and risk activities on behalf of our Sellers so that you can focus on what you do best—building great digital products. That’s why we partner with industry leaders, like Sift, to ensure we seamlessly deliver accurate risk analysis for every transaction around the world. Our Sellers can be confident that their business is protected.
FastSpring now leverages data from Sift’s network of over 34,000 sites to identify risk with better accuracy. Using machine learning technology, this system constantly collects and analyzes millions of global fraud decisions every month to ensure that our fraud management system is getting smarter and more accurate over time.
- Increased accuracy in fraud decisions
- Improved approval rates and fewer false positives
- Stops bad actors before a transaction is even processed
December 2020 Update
This update optimizes approval rates while keeping Sellers protected from fraudulent buyers. The enhanced fraud engine reduces false positives from legitimate buyer attempts while keeping you protected from actual fraud. Our new fraud engine is powered by a machine learning algorithm that will get smarter over time.
- We have your back—FastSpring protects Sellers from fraudulent transactions without any impact on the checkout experience for consumers.
- Sellers will experience a slight decrease in false positives while risk decline volume decreases.
- FastSpring partners with industry-leading technology powered by machine learning and artificial intelligence to deliver best-in-class fraud protection for sellers worldwide.
- No action is required from FastSpring Sellers to enjoy the benefits of the upgraded fraud protection.