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Cloud-native Real-Time Data Platform with Machine Learning.
Introducing the ultimate solution for Shopify merchants and partners:
Wouldn't you like to use a tool that manages your chargebacks, and offers
customer profiling based on phone number, email address, and IP addresses and more?
As one of the leaders in the e-commerce industry, Hepsiburada is committed to providing its customers with a safe and secure online shopping experience. To achieve this, the company has implemented a cutting-edge fraud prevention solution to protect its system from fraudulent activity. The fraud prevention solution, developed by Formica, uses advanced algorithms and machine learning to analyze data and identify potentially fraudulent activity. It can monitor multiple data points, such as customer demographics, purchase history, and account activity, to identify patterns and anomalies that may indicate fraud. This allows the company to proactively detect and prevent fraud before it occurs.
One of the solution's key features is its ability to integrate with Hepsiburada’s existing systems and processes. This ensures that the solution works seamlessly within the company's workflow, without causing disruptions or delays. This allows the company to respond to any suspicious activity quickly and effectively, ensuring that their customers' information stays safe and secure. In addition to its technical capabilities, the fraud prevention solution also has a user-friendly interface, which makes it easy for the company's employees to navigate and utilize. The solution also includes a comprehensive reporting system, which provides detailed information on the solution's effectiveness and any fraudulent activities that have been identified. Implementing the fraud prevention solution has led to an increase in customer satisfaction and trust, as well as a boost in revenue. The company's management team is thrilled with the results, and they have praised the solution for its effectiveness and ease of use.
In conclusion, Hepsiburada’s utilization of a fraud prevention solution developed by Formica serves as a valuable case study for other e-commerce companies looking to protect their systems from fraudulent activity. With its advanced algorithms, machine learning capabilities, and ability to integrate with existing systems, Formica’s solution is an effective tool for proactively detecting and preventing fraud. This allows companies like Hepsiburada to provide customers with a safe and secure online shopping experience, while also protecting their bottom line.
For many years, we are told to gather the big data. But it has no use if you don't know how to make that data work. Turn your big data to any kind of solution related to your specific business. Make your data work and securely access from anywhere you want.
The platform has a user-friendly interface with its fast implementation of business-ready workflows. The drag-and-drop feature lets you draw complex workflows in a few minutes, and you can also use workflow templates prepared for your business needs.
Easily start from scratch within a few minutes by drawing your business workflows. You will benefit from the clean canvas while drawing complex rules, workflows for automation and easily see the whole picture rather than writing codes.
Formica has the latest tech stack, and it provides near-infinite scalability with horizontal scalability and nearly 1-1 ratio for performance/size. The tool can auto-scale, so you can be sure you will never lose your data.
Formica offers you real-time insights with minimal effort to make smart decisions and use your data to the fullest potential. Our Machine Learning Module is designed to provide solutions for various use cases and automate the process by training on your limitless data. Formica can help you to visualize the insights, or trigger another event to take action when required. With real-time insights, you can take data-driven actions and give your business AI-based solutions.
Real-time predictions
Easy-to-train models
AutoML support
Scalable
Multiple use-cases
Formica has a mobile app version that shows your data in charts and notifications based on how you want to see. Its easy user interference lets you reach the data you want to see first. And you don't have to update the app every time you create a new reporting or dashboard; you can easily customize any mobile reporting from the desktop.
Customizable
Reporting screens
Dashboard templates
Notifications - scheduled or user-based
Real-time synchronizing
No-code required
Alarms are a great way to keep track of fraud activities. With Formica Fraud, it is crucial to detect and identify the unusual behaviours that can happen through the flow process. The unusual behaviours may include significant payment transactions, operations that happen in uncommon hours, and so on
Alarm management
Manuel & auto actions
Strong reporting based on alarms
Easy rule definitions
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