Gartner® Report
Best Practices for Better Online Payment Fraud Detection RFPs

Choosing the right fraud detection vendor is often a tricky process. Security and Risk Management Leaders need to find the balance between organizational requirements and the optimization of the process.

According to Gartner, “Selecting the right solution from the right vendor is still very challenging. If you need an RFP process, the length of time it will take to select a vendor can stretch out over many months. Gartner has spoken to clients where the process has taken more than a year or where no decision was made.”*

XTN Cognitive Security® agrees with Gartner that vendor selections are successful when the vendor is aligned with the client’s business outcomes. At the RFP stage, the focus should be on improving current KPIs and how KPIs could elevate corporate ROI and TCO.

To read more Gartner recommendations on implementing the best practices for better online payment fraud detection RFPs, submit the form for complimentary access to the report.

*Gartner Best Practices for Better Online Payment Fraud Detection RFPs, Akif Khan, 10 August 2021.

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