Forter - NOAH19 Tel Aviv
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FinTech & InsurTech: Company presentation by Michael Reitblat, Co-Founder & CEO of Forter at the NOAH Conference 2019 in Tel Aviv, Hangar 11, 10-11 April 2019.
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Forter - NOAH19 Tel Aviv
- 1. Michael Reitblat, CEO Forter CREATING A FRAUD-FREE DIGITAL WORLD
- 2. @NOAHConference @noah_conference @noah-conference @NOAHConference FOLLOW USONSOCIAL
- 3. Source: eMarketer Global online sales keep growing at 20%+ per year $6T 2022 2 $2.9T 2018
- 4. Fraud is growing even faster at 67% per year 3 Crypto- currencies Data Breaches Cyber Crime as a Service $55B
- 5. Every Online Company Must Be A Fraud Prevention Expert
- 6. Current Fraud Solutions Aren’t Built To Keep Up RULES DATA ML PEOPLE CHARGEBACK HANDLING
- 7. CURRENT SOLUTIONS LEAD TO LOSSES Top20 Online Retailer LOST IN TOOLS & PEOPLE 4.7M CREDIT FRAUD & RETURN ABUSE 46M LOST SALES 183M
- 8. CURRENT SOLUTIONS LEAD TO LOSSES top20 online retailer LOST IN TOOLS & PEOPLE 4.7M CREDIT FRAUD & RETURN ABUSE 46M LOST SALES 183M
- 9. CURRENT SOLUTIONS LEAD TO LOSSES top20 online retailer LOST IN TOOLS & PEOPLE 4.7M CREDIT FRAUD & RETURN ABUSE 46M LOST SALES 183M
- 10. TOTAL FRAUD COST TODAY $4B OPERATIONAL $20B LOSSES $330B LOST REVENUE $330B Lost Revenue
- 11. IDENTITY Based Fraud Solution Removing the Fraud problem entirely with Forter’s
- 12. IDENTITY BASED FRAUD SOLUTION Have we seen this person/activity pattern before? Is this person who they say they are? What other identities is this person connected to?
- 13. IDENTITY BASED FRAUD SOLUTION Seamless Account- Based Instantaneous Omni-Channel
- 14. FORTER SOLUTIONS IMPACT REVENUE Top20 Online Retailer SAVINGS 28.2M REVENUE 81M SIMPLICITY
- 15. FORTER SOLUTIONS IMPACT REVENUE Top20 Online Retailer SAVINGS 28.2M REVENUE 81M SIMPLICITY
- 16. FORTER SOLUTIONS IMPACT REVENUE Top20 Online Retailer SAVINGS 28.2M REVENUE 81M SIMPLICITY
- 17. TRUSTED IDENTITY NETWORK creating a fraud free internet PROCESSING $120B TOP BRANDS IN 16COUNTRIES CONSUMERS FROM 189COUNTRIES
- 18. 18 CONFIDENTIAL Rip & Replace Strategy NEW 25% LEGACY 75% rip & replace $600 US eCommerce
- 19. 19 CONFIDENTIAL Leveraging eCommerce Market Growth 15% YoY eComm growth rip & replace $1T BY 2022
- 20. 20 CONFIDENTIAL Expanding Globally EMEA APAC $6T BY 2022 global expansion eComm growth rip & replace
- 21. 21 CONFIDENTIAL Product Expansion Policy Abuse Account Protection product expansion global expansion eComm growth rip & replace 1.4T User Interactions
- 23. NETWORK MOMENTUM TPV $1B $10B $100B $1T Q4 2015 Q2 2017 Q4 2018 Q4 2021 $100M Q2 2014