What is Ngao?
Protect your business with cutting-edge fraud detection and prevention solutions.
Problem
Businesses currently rely on standard methods for fraud detection which often fail to catch sophisticated fraud tactics and lead to significant financial losses. The drawbacks of these standard methods are that they may be outdated, slow to adapt to new threats, and often require manual intervention, which can be costly and labor-intensive.
Solution
A comprehensive fraud prevention solution that offers advanced tools to detect and prevent fraudulent activities. Businesses can utilize this solution to leverage cutting-edge technology for real-time fraud monitoring and prevention, thereby safeguarding their operations and assets against various fraudulent schemes.
Customers
Business owners, eCommerce managers, and financial institutions seeking enhanced security measures and looking to protect their transactions from fraud.
Unique Features
This solution stands out for its use of advanced technology and real-time monitoring capabilities to provide proactive fraud prevention rather than relying solely on reactive measures.
User Comments
Users generally praise the product for its effectiveness.
They appreciate its real-time monitoring capabilities.
Some users mention it offers a user-friendly interface.
Comments suggest it integrates well with existing systems.
There are positive remarks about the support services provided.
Traction
The exact traction details such as user numbers, revenue, and other financial metrics are not provided, but it is implied to have a notable presence given its launch on ProductHunt and advanced fraud prevention offerings.
Market Size
The global fraud detection and prevention market size was valued at approximately $20 billion in 2021 and is expected to grow significantly as businesses increasingly prioritize security measures.
