Covery
Covery is a cloud fraud and risk management platform for teams working across payments, identity checks, and compliance.
What Covery is
Covery is a cloud fraud and risk management platform for teams working across payments, identity checks, and compliance. It scores activity across events such as registration, logins, transactions, refunds, payouts, transfers, and KYC/KYB. Its listed tools include Trustchain, IP screening, device fingerprinting and screening, KYC automation, and chargeback prevention. Covery says it combines supervised machine learning with configurable rule scenarios to assess locations, devices, identities, and behavior. Trustchain builds reputation records from 12 identifiers, including email, card ID, phone, IP, device fingerprint, IBAN, and SWIFT. KYC checks cover international politically exposed person, sanctions, and other watchlists; the service says decisions can arrive in under a second. The platform integrates with payment gateways, CRMs, and other services through its API. It is offered for web and API use, with custom rules and case management.
Good
- Scores risk across multiple funnel events.
- Includes IP, device, KYC, and chargeback tools.
- Supports customizable rule scenarios.
- API integrations include payment gateways and CRMs.
- KYC checks include international watchlists.
Watch out
- No free plan is listed.
- Pricing is on request.
- Startup plan costs €1,000 a month.
- Extra Decision API calls may incur plan-based charges.
Who it suits
Covery suits risk analysts, payment managers, AML professionals, BI specialists, and data scientists handling fraud, payments, or identity risks. It may fit teams that need API integrations, configurable rules, and case management.
Verdict
Covery brings fraud screening, risk scoring, and KYC automation into a cloud platform with API integrations and configurable rules. Teams should weigh the listed monthly plan costs and lack of a free plan against their required decision-call volume.
Plans and prices
From Covery's own pricing page, checked 2 Oct 2026.
| Plan | Price | What it gives you |
|---|---|---|
| Startup | €1,000 a month | 15,000 monthly Decision API calls · Monthly fee |
| Small | €1,750 a month | 35,000 monthly Decision API calls · Monthly fee |
| Medium | €2,250 a month | 150,000 monthly Decision API calls · Monthly fee |
| Startup | €9,600 a year | 15,000 monthly Decision API calls · Annual fee |
| Small | €16,800 a year | 35,000 monthly Decision API calls · Annual fee |
| Medium | €21,600 a year | 150,000 monthly Decision API calls · Annual fee |
The facts
Each one read from Covery's own pages, with the date it was checked.
What it does
- Card data
- The CNP fraud page says its Card ID feature identifies previously seen cards without storing PAN numbers and refers to PCI DSS Level 1 storage.checked 2 Oct 2026
- Decision speed
- The KYC page says the service can return a real-time decision in less than one second.checked 2 Oct 2026
- Fraud tools
- Its listed products include Trustchain, IP screening, device fingerprinting and screening, KYC automation, and Ethoca chargeback prevention.checked 2 Oct 2026
- Integrations
- Covery says it can integrate with payment gateways, CRMs, and other third-party services through its API.checked 2 Oct 2026
- KYC checks
- The KYC automation page says it checks users against international PEP, sanctions, and other watchlists, which it says are updated daily.checked 2 Oct 2026
- Pricing limit
- The pricing page says extra Decision API calls beyond the monthly plan limit are charged according to the plan and that Event API calls have no monthly limit.checked 2 Oct 2026
- Purpose
- Covery describes itself as a fraud and risk management platform for risk analysts, payment managers, AML professionals, BI specialists, and data scientists.checked 2 Oct 2026
- Risk analysis
- The platform scores risk across sales funnel events including registration, login, transactions, refunds, payouts, transfers, and KYC/KYB.checked 2 Oct 2026
- Security
- Covery says its SaaS uses an ISO 27001-certified cloud service and that it has implemented GDPR controls under its Data Protection Expert.checked 2 Oct 2026
- Support
- Covery's API documentation directs customers who need assistance to [email protected].checked 2 Oct 2026
- Trustchain
- Trustchain uses reputation records for 12 identifiers, including email, card ID, phone, IP, device fingerprint, IBAN, and SWIFT.checked 2 Oct 2026
The company
- Founded
- 2016checked 28 Sep 2026
- Headquarters
- Limassol, Cypruschecked 28 Sep 2026
Money
- Free IP screening
- The IP screening page offers up to five IP reputation checks for free.checked 2 Oct 2026
Where it runs
- Machine learning
- Covery says it uses supervised machine learning and customizable rule scenarios to analyze locations, devices, identities, and behavioral patterns.checked 2 Oct 2026
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