Simility

  • Posted by: 27-06-2020, 10:59
  • LICENSE: Free


Simility

Best For

We perform especially well with banks, financial services companies, insurance companies, and a variety of other businesses.

Product Details

Simility's combined 27 years of fighting financial fraud at Google taught them two things:1) Combine the power of algorithms to recognize similar and dissimilar signals with the ability for humans to create meaning out of them.2) Give front-line fraud fighters tools that empower them to put their domain expertise and knowledge to use without needing to write code.Simility analyzes millions of transactions per day and is backed by top tier investors Accel and Trinity Ventures.

Contact Details

Simility
https://simility.com/
Founded in 2014
Located in United States


Starting Price Not provided by vendor
Free Trial Yes
Deployment Installed - Mac
Installed - Windows
Web-Based, Cloud, SaaS
iPhone / iPad
Android
Training In Person
Live Online
Webinars
Documentation
Support 24/7 (Live Rep)
Online


Simility

Simility

Simility

Simility

Simility




“Highly effective fraud prevention tool for our top merchants”



Overall:
Celery (acquired by Indiegogo) is an ecommerce platform focused on selling innovative products. We partnered with Simility to make sure our highly publicized merchants were protected from fraudulent orders and credit card chargeback fraud. After setting up Simility, our merchants saw a dramatic decrease in fraud. I now recommend Simility to any merchant who is being targeted by fraudsters.
Pros:
- Intuitive workflow- Persistent Device ID- Built-in machine learning engine- Easy manual rule builder
Cons:
- Model can be customized- Must contact sales for pricing


“Using Simility to find niche customers (Wheelhouse)”



Overall:
Wheelhouse optimizes rental property pricing to maximize occupancy and revenue. We continuously adjust the advertised prices based on hundreds of variables like apparent demand, day of the week, and the presence of local events. We've used Simility's manual rules and machine learning platform to help detect when our customers are behaving unusually. We've even used Simility to qualify leads in order to optimize our sales team's efforts. We can quickly customize our model using their easy manual rules interface and their software automatically self-optimizes using machine learning as time goes on. I would highly recommend Simility to any company that wants to find unusual behavior amongst its customers.
Pros:
- Embedded machine learning- Easy data analysis- Intuitive manipulation in the user interface - Receives images as data
Cons:
Few minor issues...- User access limited based on role- Dashboards are built custom


“Used Simility for fraud detection on e-commerce platform Schema.io”



Overall:
Schema.io is an e-commerce platform that's highly agile and customizable. We service many customers who are large enough to attract the attention of fraudsters. Most commonly, the fraudsters use stolen credit cards to make purchases on their online stores and once the credit card owners find out they issue a chargeback. Simility was able to get these chargeback rates far lower than any other vendor we tried, right off the bat.Also, many of our customers come to us because they have some highly customized shopping experience. Simility too is highly customized, so they're able to use this fraud detection software to catch bad users trying abuse their experience.I have nothing but good things to say about Simility's fraud detection solution.


“Wheelhouse uses Simility to detect anomalous customers”



Overall:
Wheelhouse optimizes the pricing on customers' rental properties to maximize occupancy and revenue. We change the daily prices based on hundreds of variables like apparent demand, local events, day of the week, etc.We have used Simility's manual rules and machine learning platform to help detect when our customers are behaving unusually. We have even used Simility to qualify leads in order to optimize our sales team's efforts. We can quickly customize our model exactly how we want it using their easy manual rules interface. And their software automatically self-optimizes using machine learning as time goes on.I would highly recommend this software to any company that wants to find unusual behavior within its customer data.


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