Covery.ai

Covery is a global risk management platform helping online companies prevent fraud, mitigate risks, and grow revenue. Our main idea was to create a simple tool that can cover all business needs from chargebacks prevention to AML / PEPs screening. With Covery, our customers can create a specific risk logic that analyzes the connections among locations, devices, identity, and behavioral patterns throughout the whole funnel from Registration and to the Transaction and Payout step. We work with: Dating iGaming Payment Service Providers eCommerce and 19+ more industries Business issues that can be solved with Covery: regulatory compliance, responsible gaming, KYC&KYB procedure automation, transaction analysis, risk management, chargeback mitigation, payment fraud, account theft, device emulation, and many others. Our approach In most cases, customers reduce chargeback ratio by 62% and increase fraud declines by 79% after the implementation of the Covery risk assessment approach. Customizable rule engine allows our customers to create rules and scoring models that fit any business purpose, calculate dynamic and static thresholds, velocity checks, and any other formulas within a few clicks and get full flexibility. Customizable machine learning models allow to use a built-in framework for Supervised Machine Learning, integrate ML models easily without the development resources, predict VIPs/whales, fraud, chargebacks, loyal customers, and have as many ML models as a business need. Why us? We understand your pains & challenges. Thus, we provide technology with a unique approach to solve different fraud issues and to create powerful risk strategies based on collaboration between your marketing, product, compliance, risk & AML teams.