Shifara Samsudeen, ACMA, CGMA

LightStream Research

Private Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/forter-inc" target="_blank" data-smartkarma-citation="entities:35955:1" rel="noopener">Forter (1397978D LN)</a> uses machine learning to detect fraud and approve online transactions in real-time.</li>
<li>With the surge in online shopping with COVID-19, the amount of online fraud increased, allowing Forter to experience strong revenue growth.</li>
<li>New product innovations and a number of strong partnerships will continue to drive the company forward.</li>
</ul>

<ul>
<li>
<a href="https://www.smartkarma.com/entities/shufti-pro-limited" target="_blank" data-smartkarma-citation="entities:35957:1" rel="noopener">Shufti Pro (1988739D LN)</a> provides AI-based identification verification solutions offering real-time global identity verification for KYC/AML and KYB compliance.</li>
<li>In 2020, the company grew its revenue by over 100% due to strong adoption skills and flexibility allowing to capture the growth in demand due to the COVID-19 pandemic.</li>
<li>While flexibility helps Shufti Pro stand out from competitors, global expansions, growth in identity fraud and a number of strong partnerships would drive company revenues over the medium-term.</li>
</ul>

<ul>
<li>
<a href="https://www.smartkarma.com/entities/hummingbird-technologies-ltd" target="_blank" data-smartkarma-citation="entities:35956:1" rel="noopener">Hummingbird Technologies (1681343D LN)</a> allows companies without easy access to IT or engineering resources carry out anti-money laundering practices.</li>
<li>Unmet demand in the AML market, strong partnerships and expansion to new markets are expected to act as key drivers.  </li>
<li>The company claims to allow clients reduce investigation and reporting times by 70-90%.</li>
</ul>

<ul>
<li>
<a href="https://www.smartkarma.com/entities/sift-science-inc" target="_blank" data-smartkarma-citation="entities:35958:1" rel="noopener">Sift Science (0747031D US)</a> uses machine learning to help companies with detecting fraud, fake accounts and money laundering.  </li>
<li>The company’s business is claimed to have tripled since 2018.</li>
<li>The growth of internet crime and increasing account takeover fraud will act as drivers for the company.</li>
</ul>

<ul>
<li>
<a href="https://www.smartkarma.com/entities/ayasdi-inc" target="_blank" data-smartkarma-citation="entities:35954:1" rel="noopener">Ayasdi (0343503Z US)</a> is somewhat unique in it using a mathematical framework – topology, to analyse data sets and detect financial crime and fraud.</li>
<li>The company follows a quote-pricing model, but pricing is generally considered less expensive than the industry average.  </li>
<li>The growth of financial crime and the bioinformatics industry alongside improved recognition for the company can be expected to drive future revenues.</li>
</ul>

United States

Forter is based on intelligent technology, years of experience and understanding  of merchants' needs. Their fraud prevention system is designed to be consumercentric, blocking fraud with accuracy and at the same time enabling growth by in creasing approvals and ensuring an excellent customer experience.

Forter - 1397978D LN

Description