Rippleshot is a next generation fraud analytics firm. They use a cloud-based technology solution that takes a big data approach by leveraging machine learning/artificial intelligence to distinguish fraudulent activity more quickly and efficiently (and pro-actively).
Rippleshot’s technology processes millions of payment card transactions to proactively pinpoint when and where a data breach occurred. Following detection, Rippleshot provides banks with the tools they need to update fraud detection rules in order to lower their fraud losses while avoiding unnecessary card re-issuance.
Rippleshot protects consumer credit information and the integrity of the merchant payment network by proactively detecting data breaches through a cloud-based solution.