Real-Time Fraud Protection

by RaeAnne Marsh

shutterstock_158424476Emailage is a fraud prevention company that leverages the only truly global identity — email address — to determine the risk of a transaction. Using its proprietary machine learning algorithms, Emailage delivers an intelligent risk score that does not require the use of sensitive customer data. Since its founding in 2012, the Chandler-based company has tripled revenue year over year and helped hundreds of customers against various types of fraud: transaction, account opening, account takeover and loyalty. “In 2014, over $5 billion was lost to fraud due to account takeovers alone; as online commerce expands, fraud is a top-of-mind issue for most companies,” says Aydin Senkut, managing director of Felicis Ventures, which recently provided $3.8 million in funding to enable Emailage to expand its offerings and continue its global expansion.

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