Covery
6.3#14 in fraud detection softwareFrom €9,600 a yearWebAPI
VisitCovery vs Sift Payment Protection
Sift Payment Protection
7.6#1 in financial crime compliance softwareFrom $0.06 a monthAndroidiOSWebAPI
VisitWhat both publish
| Fact | Covery | Sift Payment Protection |
|---|---|---|
| Founded | 2016 | 2011 |
| Headquarters | Limassol, Cyprus | San Francisco, California, United States |
| Integrations | Covery says it can integrate with payment gateways, CRMs, and other third-party services through its API. | Sift lists technology integrations including Adyen, Okta/Auth0, Braintree, Checkout.com, and Ping Identity DaVinci. |
| Machine learning | Covery says it uses supervised machine learning and customizable rule scenarios to analyze locations, devices, identities, and behavioral patterns. | Sift uses a patented ensemble of AI and machine-learning models that retrain online as fraud patterns change. |
| Purpose | Covery describes itself as a fraud and risk management platform for risk analysts, payment managers, AML professionals, BI specialists, and data scientists. | Sift stops fraudulent transactions in real time to help merchants make confident payment decisions. |
Covery plans
- Startup€1,000 a month
- Small€1,750 a month
- Medium€2,250 a month
- Startup€9,600 a year
- Small€16,800 a year
- Medium€21,600 a year
Sift Payment Protection plans
- Basic$0.06 a month
- Payment ProtectionPriced on request
Pick Covery if…
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.
Pick Sift Payment Protection if…
It suits digital businesses and merchants managing payment fraud. It may be relevant to teams that want automated payment policies and tools for testing policy changes before launch.