Develop comprehensive payment-related services and finance-related services within the GMO Internet Group GMO Payment Gateway, Inc. (TSE Prime: Securities Code: 3769, President & Chief Executive Officer:Issei Ainoura 　GMO-PG) will start handling the fraud detection system "Forter" provided by Forter, Inc. (Co-Founder & CEO: Michael Reitblat) on Friday, March 31, 2023.
EC operators that use GMO-PG's comprehensive online payment service "PG Multi-Payment Service" are "Forter" It can be introduced ^(*1).​

• *1 The introduction of Forter requires contract with Forter, Inc.

The scale of the BtoC EC market in Japan Japan has expanded to 20.7 trillion yen (up 7.35% from the previous year) as of 2021 ^(*2). On the other hand, the annual damage caused by credit card fraud increased to 33 billion yen in 2021 (up 30.47% from the previous year), of which about 90% were number theft damages ^(*3). Therefore, EC operators are required to take fraud measures.
GMO-PG is a Online Payment Service for e-commerce businesses "PG Multi-Payment Service We provide a variety of security solutions to create a safe and secure payment environment. Regarding credit card fraud measures, the four specific measures stipulated in the "Credit Card Security Guidelines" that stipulate the security measures to be implemented by businesses involved in credit card transactions are "identity authentication," "voucher face authentication," "attribute and behavior analysis," and "delivery address information" ^(*4). We offer services that correspond to the
GMO-PG aims to meet different needs (functions, fees, customizability, etc.) depending on the industry, product, business scale, etc. to which the EC business belongs fraud We are further expanding our countermeasure services, and we will start handling the fraud detection system "Forter" using machine learning, which will be a service for "attribute and behavior analysis".
"Forter" is a fraud detection system used by more than 200,000 companies to determine transactions of about 40 trillion yen or more per year in various industries ^(*5). By introducing Forter, e-commerce businesses using PG Multi-Payment Service can improve the approval rate and reduce fraudulent losses through highly accurate transaction judgment, and reduce the burden of visual confirmation of suspicious transactions.

• (*2) Ministry of Ministry of Economy, Trade and Industry "Reiwa 3rd Fiscal Year Market Research Report on E-commerce" released in August 2022
  https://www.meti.go.jp/press/2022/08/20220812005/20220812005-h.pdf
• *3 Japan Credit Association, "Results of Damage fraud Credit Cards" (released on December 28, Reiwa)
  https://www.j-credit.or.jp/download/news20221228a1.pdf
• (*4) Credit Transaction Security Council (Secretariat Japan Consumer Credit Association) “Credit Card Security Guidelines [Version 4.0] <Public Version>”
  https://www.j-credit.or.jp/security/pdf/Creditcardsecurityguidelines_4.0_published.pdf
• (*5) Actual 2022. Forter, Inc. research.

"Forter" is a credit card and other payment method in online business. It is a trust platform for digital commerce that detects fraud such as fraud, account takeover, and promotional abuse. We provide instantaneous and highly accurate transaction decisions at every stage of purchasing behavior. In order to identify and protect against fraud with greater accuracy than traditional fraud prevention, the proprietary judgment platform uses deep knowledge of "identity" and automation technology to replace the rule-based "identity" adopted by global companies such as Nordstrom, Instacart, Adobe, and Priceline to help companies prevent fraud and revenue. We help you maximize and provide an excellent experience for your customers.