17 years helping Canadian businesses
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Formica Fraud
What Is Formica Fraud?
Welcome to Formica AI, the game-changing all in one risk orchestration platform which specializes in fraud detection, fraud prevention, chargeback management, Anti-Money Laundering (AML), Know Your Customer (KYC), internal audit and more.
Powered by AI & ML-oriented technology, we deliver real-time, comprehensive solutions to safeguard your business. With our low-code, no-code approach; businesses of all sizes can easily customize and deploy our platform.
Who Uses Formica Fraud?
FinTech, payment systems, banking, e-commerce, insurance, crypto exchange companies and many digital businesses need to check vast amount of transactions everyday while ensuring regulatory compliance.
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Reviews of Formica Fraud
Average score
Reviews by company size (employees)
- <50
- 51-200
- 201-1,000
- >1,001
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Great Impact
Comments: I am well satisfied.
Pros:
We easily integrated Formica tools for all of our products. It gives us chance to view all transactions regarding to current fraud patterns effectively.
Cons:
Case management screen might be more user friendly.
The Only Fraud Detection Platform You'll Ever Need
Pros:
Our company can easily keep track of fraudulent activities with Formica’s 360-degree platform. Reacting in real-time, especially with the help of AI saved our lives.Moreover, the product has effortless access to real-time insights, empowering us to make solid decisions.
Cons:
No cons for us for now the platform is immaculate but UI can be readapted, but not necessary.
Formica Review
Comments: İt was an amazing experience, both formica and our team worked really hard to create someting else and the result was great.
Pros:
The product was easy to use, user friendly and the team that help us to develop the software was helpful. It was easy to understand each other and our requests are (even if they were hard to do) always get a solution from the team.
Cons:
there are no cons at this sofware. The team was great, the software was also great and getting better everyday.
Trlogic Response
2 years ago
We'd like to thank you again for taking the time to write this review of Formica Fraud. All feedback is highly appreciated, as it enables us here at Formica AI to further develop our products and services. In addition, your review will help our future customers to make more informed purchase decisions. It is also pleasure for us to work with your team. We learned a lot from you as we continued to develop the product. And together we continue to make the FinTech world easier every day. We're very grateful for customers like you and hope you stick with us for years to come! In case you have other feedback to us, please don't hesitate to contact us at any time. Thank you again! (Adnan, Formica AI & Trlogic Information Technologies)
Best Risk Orchestration Platform that came up so far!
Comments: From C-Level to Customer Success team, they are doing an excellent job.
Pros:
Our company can easily keep track of fraud activities with Formica’s 360-degree platform Moreover, the product has effortless access to real-time insights, empowering us to make informed decisions.
Cons:
No cons on our behalf for now. All is great so far.
If there's ever going to be a better platform in the market, it will be made by them.
Pros:
The user-friendliness of Formica is irreplaceable. They can also generate real-time alerts (which is a huge plus) when it detects suspicious activity. This allows us to take immediate action to protect ourselves from all potential risks.
Cons:
All is looking good so far, nothing wrong to be fair.
