The best fraud prevention software for businesses combine real-time monitoring, advanced analytics, and automated controls to detect and prevent fraud before it happens. As fraud threats continue to evolve – 71% of US businesses reported an increase in AI fraud last year – enterprises must deploy specialized fraud detection software tailored to their risk exposure. Choosing the right fraud prevention software is now a strategic risk management decision, not just a technical one.
Below is our global comparison of six leading fraud solutions for large organizations: Trustpair, Sift, Socure, Feedzai, SEON, and Alloy.
Top Fraud Detection and Prevention Platforms For Enterprises: Our Global Comparison
| Solution | Primary Focus | Best For | Core Technology | Geographic Scope |
|---|---|---|---|---|
| Trustpair | Vendor payment fraud prevention | Large enterprises with complex and international payment workflows | Automated bank account validation, smart case management, continuous data monitoring | Global |
| Sift | Digital transaction fraud | Ecommerce & fintech | Machine learning, behavioral analytics | Global |
| Onfido | Identity fraud & onboarding | Financial institutions, fintech | AI-driven identity verification & biometric authentication | Strong UK & global presence |
| Feedzai | Banking transaction monitoring | Banks & payment providers | Advanced machine learning, anomaly detection | Global |
| SEON | Online fraud & risk scoring | Digital platforms | Behavioral biometrics, data enrichment | Global |
| Featurespace | Real-time fraud detection & AML | UK banks & financial institutions | Adaptive behavioral analytics, anomaly detection | Strong UK presence |
Trustpair, the Best Fraud Prevention Software to Prevent Payment Fraud
Trustpair is widely recognized as the best fraud prevention software for large corporations seeking to eliminate payment fraud at its source. Trustpair specializes in validating vendor bank account ownership and securing B2B payments before funds are released.
Trustpair: Key Features of the Platform
- Real-time automated bank account validation before payment execution
- Confirmation of account ownership to prevent fraudulent transactions
- Continuous monitoring of vendor master data changes
- Live warnings and alerts in case of suspicious modifications
- Flexible integrations via API and connectors with leading ERPs, TMS, and procurement portals
Trustpair: Technology & Approach
- Advanced analytics
- Real-time fraud detection
- Cross-checked global banking data sources
- Ongoing monitoring of supplier master data
- Reduction of false positives through precise validation logic
By automating verification and ongoing monitoring, Trustpair helps reduce false positives while strengthening fraud management and internal controls.
Trustpair: Geographical Scope
Trustpair supports global enterprises with coverage in 190 countries, ensuring ownership checks across the world. Its worldwide reach makes it particularly suitable for multinational companies managing complex supplier ecosystems.
Trustpair: Pricing
Trustpair offers tailored enterprise packages designed to match organizational scale and fraud risk exposure:
- Platform Access: Access to Trustpair’s web application and its core fraud prevention features
- Custom Access: Additional services, integrations, and customizations to address specific operational needs
Pricing is adapted based on transaction volume, vendor base size, and integration requirements.
Trustpair: Best for
- Large and international enterprises
- Finance and procurement teams managing high-value B2B payments
Trustpair already provides automated account validation for 500+ companies worldwide, supporting secure and compliant payment processes at scale.
Trustpair Recap Table
| Criteria | Trustpair |
|---|---|
| Core Focus | Automated bank account validation & payment fraud prevention |
| Real-Time Verification | Yes |
| Global Coverage | Yes (190 countries) |
| Regulatory Compliance | Strong international compliance standards |
| Ideal Users | Large enterprises, finance teams, procurement teams |
Sift, Digital Fraud Prevention for Ecommerce & Online Platforms
Sift focuses on fraud detection across the digital customer journey, particularly in ecommerce, marketplaces, and fintech.
Key Features
- Real-time fraud detection
- Automated deep behavioral networks
- Behavioral analytics
- Account takeover prevention
- Fraud ring detection
- Automated alert management
Sift analyzes hundreds of data points across transactions to identify fraud patterns and fraudulent behavior in real time.
Technology
- Advanced machine learning models
- Behavioral biometrics
- Anomaly detection
- In-memory processing for real-time monitoring
Geographic Scope
Global, with strong presence in North America.
Pricing
Custom enterprise pricing based on transaction volume and industry.
Best For
- Ecommerce platforms
- Digital marketplaces
- Payment providers
- Subscription businesses
Sift Recap Table
| Criteria | Sift |
|---|---|
| Fraud Type | Digital transaction fraud |
| Real-Time Monitoring | Yes |
| Focus | Customer-side fraud |
| Industry | Ecommerce & fintech |
| Global Reach | Yes |
Onfido, Fraud Prevention Software for Identity Verification & Digital Onboarding
Onfido, founded in the UK and now part of Entrust, specializes in identity verification and digital fraud prevention during onboarding. It helps organisations prevent identity fraud, account takeover, and synthetic identity fraud across the customer lifecycle.
Key Features
- AI-powered document verification
- Biometric facial authentication
- Identity data validation
- Real-time fraud detection
- Ongoing monitoring capabilities
Onfido enables financial institutions to identify fraudulent behavior during onboarding while minimising false positives and protecting customer experience.
Technology
- Machine learning models
- Facial biometrics
- Identity verification engines
- Advanced analytics
Geographic Scope
Strong presence in the UK and Europe, with global coverage supporting regulated financial institutions.
Pricing
Enterprise pricing based on verification volume and regulatory requirements.
Best For
- UK banks
- Fintech companies
- Insurance providers
- Regulated financial institutions
Onfido Recap Table
| Criteria | Onfido |
|---|---|
| Fraud Type | Identity fraud & onboarding |
| Real-Time Detection | Yes |
| AML Support | Yes |
| Focus | Digital identity verification |
| Target Market | UK & global financial institutions |
Feedzai, AI-Driven Transaction Monitoring for Banks
Feedzai is widely used by financial institutions to monitor transactions and detect money laundering and fraudulent transactions.
Key Features
- Transaction monitoring
- Anti money laundering compliance
- Real-time fraud detection
- Suspicious transaction identification
- Alert management automation
Feedzai’s fraud prevention software helps manage risk while minimizing false positives.
Technology
- Advanced machine learning
- Anomaly detection
- Behavioral analytics
- Real-time data analysis
Geographic Scope
Global, with strong presence in US and Europe.
Pricing
Enterprise pricing tailored to banking institutions.
Best For
- Banks
- Payment processors
- Large financial institutions
Feedzai Recap Table
| Criteria | Feedzai |
|---|---|
| Fraud Type | Banking transaction fraud |
| AML Support | Yes |
| Real-Time Risk Scoring | Yes |
| Target Industry | Banks |
| Global Coverage | Yes |
SEON, Fraud Prevention & Risk Scoring for Online Businesses
SEON provides fraud solutions for digital platforms focused on identifying suspicious behavior early.
Key Features
- Real-time risk scoring
- Data enrichment
- Fraud detection for account creation
- Behavioral biometrics
- Fraud scheme detection
SEON helps reduce false positives while improving operational efficiency for fraud teams.
Technology
- Machine learning models
- Behavioral analysis
- Risk management dashboards
- Real-time monitoring
Geographic Scope
Global digital businesses.
Pricing
Tiered pricing depending on transaction volume.
Best For
- Fintech
- Gaming platforms
- Ecommerce businesses
SEON Recap Table
| Criteria | SEON |
|---|---|
| Fraud Type | Online fraud |
| Real-Time Monitoring | Yes |
| False Positive Reduction | Yes |
| Target Industry | Digital platforms |
Featurespace, Real-Time Fraud Detection for UK Banks
Featurespace is a UK-based fraud prevention software provider known for its ARIC Risk Hub platform, widely used by UK banks for fraud detection and anti money laundering monitoring.
Key Features
- Real-time transaction monitoring
- Adaptive behavioral analytics
- Anomaly detection
- Fraud pattern recognition
- Alert management automation
Featurespace focuses on identifying suspicious transactions and new fraud schemes by analysing behavioural changes rather than relying solely on static rules.
Technology
- Advanced machine learning
- Behavioural analytics
- Real-time monitoring
- Adaptive anomaly detection models
Geographic Scope
Strong footprint in the UK financial services market, with growing international expansion.
Pricing
Enterprise pricing tailored to banks and financial institutions.
Best For
- UK banks
- Payment providers
- Large financial institutions
Featurespace Recap Table
| Criteria | Featurespace |
|---|---|
| Fraud Type | Banking transaction fraud |
| AML Support | Yes |
| Real-Time Risk Scoring | Yes |
| Target Industry | UK financial institutions |
| Geographic Focus | UK & Europe |
To conclude
Choosing the best fraud prevention software for your business depends on where your processes are most exposed to fraud threats. Solutions like Sift, Onfido, Feedzai, SEON, and Featurespace help detect identity fraud, account takeover, suspicious transactions, and other forms of financial crime across the customer lifecycle.
However, when it comes to preventing payment fraud in large enterprises – particularly vendor fraud and B2B payment risk – Trustpair stands out as a specialised solution. By automating bank account validation and continuously monitoring supplier data before payments are released, Trustpair helps finance teams prevent fraud at the source, reduce compliance risk, and operate with confidence in an increasingly complex threat landscape.