4 Canadian Companies That Are Fighting Fraud and Scams

We're back with another Anti-Fraud Awareness Month post. Today, we're excited to introduce you to five Canadian companies that are making significant strides in combating fraud and scams. In this current digital age where our day-to-day is filled with many uncertainties, these companies are pioneering innovative solutions to safeguard both consumers and businesses. From the start, our team has always advocated for our users' protection, and we feel like enlightening you to other companies in the anti-fraud ecosystem is just one extra way we can do that.

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Bold Commerce

Firstly, let's talk about Bold Commerce. Headquartered in Winnipeg, this company is a powerhouse when it comes to the fight against fraud. Their e-commerce solutions come equipped with advanced fraud detection features, which acts sort of like a shield against fraudulent transactions. This eliminates having to deal with chargebacks and lost revenue, which, if we're being honest, is nobody's idea of a good time. For any business owners out there curious about alternative commerce solutions, check out Bold Commerce.

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Trulioo

Trulioo, based in Vancouver, is another company to keep on your radar. Trulioo specializes in global identity verification solutions and helps businesses verify the identities of customers worldwide. This alone, reduces the risk of fraud IMMENSELY, and also ensures compliance with regulations. Trulioo is a great resource for any business owner to look into; you can rest easy knowing that your business—and your customers—are protected from identity theft and fraud.

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Ethoca

We're also here to give shoutout to Ethoca, a leading player in fraud prevention. Headquartered in Toronto, Ethoca offers innovative solutions to combat fraud and chargebacks in real-time. By providing actionable intelligence to merchants and financial institutions, Ethoca helps prevent fraud before it occurs, saving businesses time, money, and headaches. Ethoca also provides its customers with access to speak to fraud experts whenever needed, and even provides free chargeback assessments to business owners as well. Definitely check Ethoca out!

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Bidmii

Lastly, and of course, we can't forget about Bidmii! Unlike other contractor marketplaces, we're built on trust and security. These are the pillars and fundamentals of our business. How? Well, we do this in a few ways. Mainly, Bidmii offers both user segments (homeowners and contractors) a payment protection feature. This shields homeowners from stolen deposits, and also ensures that contractors receive their payments promptly when they complete their work. Another way we feel we can protect our users is through our purchase-verified ratings and reviews. Users are the only ones able to provide reviews, so you can rest assured you're not getting duped by a glowing, fake, 5-star review. If you're keen to get a renovation done but don't know where to find a trustworthy contractor, we recommend posting a project with us.

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And there you have it—four Canadian companies at the forefront of the fight against fraud and scams. Whether you're a homeowner looking to safeguard your investments or a business owner striving to keep your transactions secure, these innovative companies have got your back.

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