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About Accertify

Accertify Inc. is the first company to focus on dev eloping fraud prevention tools and strategies from the perspective of merchants that accept 'card not pres ent' transactions. That focus led to the developmen t of Interceptas which applies state of the art automati on to every step in the merchant's process of manag ing credit card fraud exposure. Accertify exemplifies a constant commitment to maintaining the best in fra ud prevention strategies, and its management team comb ines complementary skills from fraud management, business software development, accounting and legal to assure that its customers receive the most comprehensive, cost-effective solution to credit ca rd fraud available. Accertify is based in Chicago.

Headquarters Location

1051 Perimeter Drive Suite 510

Schaumburg, Illinois, 60173,

United States


Accertify's Product Videos

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Accertify's Products & Differentiators

    Digital Identity

Expert Collections containing Accertify

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Accertify is included in 2 Expert Collections, including SMB Fintech.


SMB Fintech

2,001 items



7,750 items

US-based companies

Accertify Patents

Accertify has filed 4 patents.

The 3 most popular patent topics include:

  • Artificial intelligence
  • Artificial neural networks
  • Classification algorithms
patents chart

Application Date

Grant Date


Related Topics




Artificial neural networks, Machine learning, Classification algorithms, Information theory, Computer network security


Application Date


Grant Date



Related Topics

Artificial neural networks, Machine learning, Classification algorithms, Information theory, Computer network security



Latest Accertify News

How online gambling's expansion raises the stakes for fraud detection

Jan 5, 2023

5 Min Read REGISTER NOW In the four years since the U.S. Supreme Court struck down a federal ban on online sports betting, forces in the payments industry struggled to create a streamlined and secure path for using credit and debit cards for wagering at these sites. Initially when participants tried to use credit and debit cards to deposit funds at online sportsbooks, many banks routinely flagged the transactions as risky because of high rates of fraud and chargebacks. But the pandemic drove online sports betting's popularity, and the last few years have seen significant improvements in blocking fraud within the sector. A cadre of payments providers including FIS, American Express' subsidiary Accertify and U.K.-based Paysafe are now seeing strong growth by providing payment-card fraud protection in the booming U.S. online sports-betting sector. One of the top challenges that fraud-prevention providers face for online wagering is managing the friction users experience around compliance with strict (yet shifting) regulations of the more than 30 states that have legalized online sports betting — with more states expected to approve the practice this year. Adobe Stock Lawmakers in Georgia pushing to legalize online sports gambling next year estimate it could generate $100 million in state funding through taxes. The Tennessee Education Lottery said online gambling taxes have generated nearly $74 million since electronic sports wagering was legalized there in late 2020. "States can be very specific about identification details to wager bets, requiring sports betting firms to have strong consumer identity programs to verify that the person placing a bet is of legal age, and they are located not only within that state, but sometimes at the casino itself," said David Mattei, a strategic advisor at Aite-Novarica who has studied payments technology in the sports-betting sector. Card-fraud protections for online sports betting go far beyond what most consumers typically experience with in-store and mobile payments. Online wagers often require the use of document identification tools and verification by scanning a user's driver's license and take a selfie to compare with it, plus location services to geofence transactions, according to Mattei. "Sports bettors are willing to go through additional identity verification steps and withstand friction in order to set up and access their accounts," Mattei said. For payments technology providers working with online betting operators, having deep pockets or a long history in the online betting industry seems to be an edge. Bank technology provider FIS has leveraged its deep investments in fraud technology to capitalize on growth in the online sports betting sector. FIS provides the payments technology and fraud protection for the first retail sportsbook connected to a Major League Baseball facility, Nationals Park in Washington, D.C., which opened last year in a partnership with BetMGM and London-based Entain. The BetMGM consortium this week launched mobile and retail sports betting operations across Ohio, with plans to expand online sports betting to other U.S. regions this year. Accertify , which Amex purchased in 2010 for $150 million to tap into the firm's expertise in deterring fraud in diverse environments, touts an ability to provide fraud protection during huge transaction-volume surges when millions of bets are placed simultaneously during a single major sporting event like a soccer or football match. "We have experience handling really high transaction volumes for weekend sports events, or a major event that takes place once a year like the Melbourne Cup [annual horse race] in Australia," said Ryan Nelson, head of real money and social gaming at Itasca, Illinois-based Accertify. Spotting and blocking friendly fraud — where sports bettors claim they didn't actually make a losing bet and attempt to claim a chargeback — is another area where Accerify has developed expertise through years of refining its tools working with travel and retail customers, Nelson said. Licensed to work with gaming operators in 21 states, Accertify recently announced a partnership with Hard Rock Digital, an arm of the global hotel and entertainment chain, which is rapidly expanding its online and retail sports betting operations. Paysafe specialized in providing secure payments processing for online gaming establishments in Europe for years before its recent expansion in the U.S. Under new CEO Bruce Lowthers, who joined the firm in May 2022 after 14 years as president of FIS, Paysafe has ramped up sales and marketing of its payment card gateway here, which provides connectivity into multiple card-acquiring options along with Skrill, Paysafe's digital wallet. Paysafe uses a mixture of fraud-detection techniques from external vendors and proprietary tools while constantly tuning its risk rules in real time, said Rob Gatto, who joined Paysafe as the company's first chief revenue officer last year. "We're drawing on data that goes back to the online betting market's inception," Gatto said. "With these tools and the U.S. regulations for geolocation, KYC and AML, fraud is difficult to carry out in our space."

Accertify Frequently Asked Questions (FAQ)

  • When was Accertify founded?

    Accertify was founded in 2007.

  • Where is Accertify's headquarters?

    Accertify's headquarters is located at 1051 Perimeter Drive, Schaumburg.

  • What is Accertify's latest funding round?

    Accertify's latest funding round is Acquired.

  • How much did Accertify raise?

    Accertify raised a total of $5.9M.

  • Who are the investors of Accertify?

    Investors of Accertify include American Express, Esther Dyson, FluffCo, Joe Proto, Alpine Meridian and 3 more.

  • Who are Accertify's competitors?

    Competitors of Accertify include Prove Identity, Justt, Riskified, SentinelOne, Chargeback, Sift, Feedzai, Saffe Payments, EverC, Ravelin and 12 more.

  • What products does Accertify offer?

    Accertify's products include Digital Identity and 4 more.

Compare Accertify to Competitors

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Prove Identity

Prove Identity is a digital identity authentication platform provider offering a trust platform that enables businesses to instantly verify customers while thwarting fraud and cyberattacks in real-time, all within a privacy-first, zero-knowledge framework.

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Featurespace is a financial crime and fraud prevention tech company that protects consumers against fraudulent or risky activity without disrupting payments. It uses adaptive behavioral analytics for fraud detection and risk management in the gaming, banking, and insurance sectors. Featurespace was founded in 2008 and is based in Cambridge, U.K.

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