Latest news with #Sathe
Malaysian Reserve
4 days ago
- Business
- Malaysian Reserve
Forter Recognized as a Leader in Frost & Sullivan Radar Report for Fraud Detection & Prevention, KYU for the Fourth Year
NEW YORK, June 2, 2025 /PRNewswire/ — Forter, the Trust Platform for digital commerce, has been recognized as a leader in the Frost & Sullivan Radar Report for Fraud Detection and Prevention, Know Your User (KYU) for the fourth year, signaling its continued market leadership and product innovation. According to Deepali Sathe, Senior Industry Analyst at Frost & Sullivan, 'Forter incorporates evolving fraud trends into its product development strategy, helping companies improve profitability and move beyond a transaction-based approach to a more holistic consumer approach.' Since its founding in 2013 – when Forter disrupted the market with its AI-powered fraud management solution – the company has expanded its platform to address the entire digital commerce journey, processing over $2 trillion in transactions and protecting 1.8 billion shoppers. Its fully automated solutions protect every digital interaction, including account protection, fraud management, payment optimization, chargeback recovery and abuse prevention. Together, they form Forter's Trust Platform which delivers identity intelligence to help businesses optimize conversions, grow customer lifetime value, reduce loss and accelerate growth. 'Forter's investment in research and development translates into growing its offerings to address challenges across the customer journey. Its identity intelligence empowers risk and digital teams to understand the identity behind every transaction and proactively counter sophisticated fraud attempts,' according to Sathe. The company's product innovation, including its recent spring product release, helps businesses grow revenue, deliver a seamless customer experience and scale their operations. Forter also continues to expand its partner ecosystem, receiving exclusive partner status with AWS, Shopify and Salesforce – accelerating growth and extending its global reach to serve the world's leading brands. 'Over a decade ago, Forter pushed the industry forward by taking an identity-focused approach and introducing AI to deliver automated risk decisions. Since then, we've built the largest first-party dataset and expanded our use of AI to drive revenue uplift and customer lifetime value for the world's biggest brands,' said Cyndy Lobb, chief product officer, Forter. 'Four years of leadership recognition from Frost & Sullivan is a testament to the strength of our platform, our unwavering commitment to customers and the growth of our business.' To read the full Frost & Sullivan Radar Report for Fraud Detection and Prevention (KYU), visit About ForterForter is the Trust Platform for digital commerce. We make accurate, instant assessments of trustworthiness across every step of the buying journey. Our ability to isolate fraud and protect consumers is why Adobe, ASOS, eBay, Instacart, Priceline, Nordstrom, and many more leaders across industries have trusted us to process more than $2 trillion in transactions. Our deep understanding of identity and use of automation helps businesses prevent fraud, maximize revenue and deliver superior experiences for their consumers. Learn more at
Yahoo
4 days ago
- Business
- Yahoo
Forter Recognized as a Leader in Frost & Sullivan Radar Report for Fraud Detection & Prevention, KYU for the Fourth Year
NEW YORK, June 2, 2025 /PRNewswire/ -- Forter, the Trust Platform for digital commerce, has been recognized as a leader in the Frost & Sullivan Radar Report for Fraud Detection and Prevention, Know Your User (KYU) for the fourth year, signaling its continued market leadership and product innovation. According to Deepali Sathe, Senior Industry Analyst at Frost & Sullivan, "Forter incorporates evolving fraud trends into its product development strategy, helping companies improve profitability and move beyond a transaction-based approach to a more holistic consumer approach." Since its founding in 2013 – when Forter disrupted the market with its AI-powered fraud management solution – the company has expanded its platform to address the entire digital commerce journey, processing over $2 trillion in transactions and protecting 1.8 billion shoppers. Its fully automated solutions protect every digital interaction, including account protection, fraud management, payment optimization, chargeback recovery and abuse prevention. Together, they form Forter's Trust Platform which delivers identity intelligence to help businesses optimize conversions, grow customer lifetime value, reduce loss and accelerate growth. "Forter's investment in research and development translates into growing its offerings to address challenges across the customer journey. Its identity intelligence empowers risk and digital teams to understand the identity behind every transaction and proactively counter sophisticated fraud attempts," according to Sathe. The company's product innovation, including its recent spring product release, helps businesses grow revenue, deliver a seamless customer experience and scale their operations. Forter also continues to expand its partner ecosystem, receiving exclusive partner status with AWS, Shopify and Salesforce – accelerating growth and extending its global reach to serve the world's leading brands. "Over a decade ago, Forter pushed the industry forward by taking an identity-focused approach and introducing AI to deliver automated risk decisions. Since then, we've built the largest first-party dataset and expanded our use of AI to drive revenue uplift and customer lifetime value for the world's biggest brands," said Cyndy Lobb, chief product officer, Forter. "Four years of leadership recognition from Frost & Sullivan is a testament to the strength of our platform, our unwavering commitment to customers and the growth of our business." To read the full Frost & Sullivan Radar Report for Fraud Detection and Prevention (KYU), visit About ForterForter is the Trust Platform for digital commerce. We make accurate, instant assessments of trustworthiness across every step of the buying journey. Our ability to isolate fraud and protect consumers is why Adobe, ASOS, eBay, Instacart, Priceline, Nordstrom, and many more leaders across industries have trusted us to process more than $2 trillion in transactions. Our deep understanding of identity and use of automation helps businesses prevent fraud, maximize revenue and deliver superior experiences for their consumers. Learn more at View original content to download multimedia: SOURCE Forter Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Indian Express
6 days ago
- Entertainment
- Indian Express
Hidden Stories: From costumes for shows to bridal and evening gowns, how Pune's Mak Drap has evolved to meet changing needs
Written by Aarushi Prakash Mak Drap, a costume rental store located in Pune's Narayan Peth, has been in operation since 1951. Established by Pranam Gokhale, a Maharashtrian businessman who wanted to explore a new field, the store is now run by his nephew, Sumit Sathe. Explaining the name of one of the oldest costume rental stores in the city, Sathe says, 'Mak Drap is two words put together — 'mak' meaning makeup and 'drap' meaning drape, referring to costumes. Performers use makeup and colourful clothes to showcase themselves, and that's what we want to provide.' Sathe started working at Mak Drap at the age of 25. He inherited the business from his parents, Bhagyashree and Ramchandra Sathe, who ran it alongside Gokhale. 'In the old days, costume rentals weren't common in Pune,' Sathe says. 'There were many shows and performances, so the idea was to explore an untouched field. That is how the store began,' he explains. 'We are a family business. Even the workers here are like family because of how long they have stayed with us. I wouldn't consider anyone an outsider.' According to Sathe, Mak Drap houses over 50,000 costume sets and more than double that number in props. 'We have lost count. The variety of costumes we provide is endless, and so are the sizes,' Sathe says. Most costumes are stitched in-house by long-time tailors and designers at their warehouse in Dhayari, who have been associated with the store since the beginning. Other costumes are sourced from across India, including Delhi and Gujarat. Mak Drap offers a wide variety of costumes, with Barabandi and Navari sarees standing out as their signature pieces. 'Besides these, we also have chanya cholis, dhoti-kurtas, animal costumes for school plays, and uniforms like police and prisoner outfits, amongst others, which are quite popular,' says Sathe. He points out that while the designs have remained largely consistent, the main difference over the years has been in the fabric and materials used. 'Earlier, there were fewer options. Now, with better trade networks and access to textiles, the costumes are far more authentic and appealing,' he explains. The store's offerings have evolved alongside changing customer preferences. In addition to traditional and stage wear, Mak Drap now provides bridal and groom rentals, western outfits, evening gowns, and more. 'This shift in demand is what inspired us to start new branches, including the New Mak Drap which offers these rentals,' Sathe says. Costume rentals at Mak Drap typically range from Rs 500 to Rs 3,000 per day, depending on the type of outfit. A refundable security deposit of half the rental price is required. 'If customers return the costume on time and in good condition, we refund the deposit. If it is late, deductions are made. If not returned at all, the deposit is retained as the costume's value,' Sathe explains. Sathe believes the costume rental industry remains deeply relevant. 'One might think the costume business is dying, but it's not. Stage performances are ongoing, and people regularly need costumes.' Over the years, Mak Drap has supplied costumes for numerous stage and screen productions, including the Marathi historical film on Hambirrao Mohite, the TV show Paaru, and the popular movie Fauji, among others. The store caters to school drama groups, dance academies, festival performances, and professional theatre productions. As Mak Drap enters its 75th year, Sathe reflects on the journey: 'Our foundation is built on tradition, trust, and the performing arts. With my nephew now joining the business, the legacy is set to continue for years to come.' (Arushi Prakash is an intern with The Indian Express)
Time of India
06-05-2025
- Time of India
Woman baby abductor sent to police custody by Sangli court
Kolhapur: A court in Sangli on Tuesday remanded a 24-year-old woman to police custody after she was arrested for allegedly abducting a 3-day-old baby boy from the Government Medical College And Hospital, Miraj, last week. She will be in police custody till May 8 as police try to determine why she took the baby and if she was part of a wider criminal Sahiba Sathe was arrested on Monday after a 60-hour manhunt, during which police relied on CCTV cameras and at least one informant to track her and the baby down to her home in Savlaj village of Tasgaon tehsil, in Sangli district. Sathe was also caught on camera leaving the hospital on Saturday after allegedly taking the baby, hailing down an autorickshaw with a bag in her hand. There were emotional scenes on Monday, as the police reunited the baby boy with his family."On Tuesday, we sought Sathe's custody to know her motives and find out if she was earlier involved in similar abductions or part of a gang," said Praneel Gilda, deputy superintendent of police, Miraj. "So far, she has told us how she abducted the baby from GMCH Miraj, but we would need to fact-check her claims," Gilda has been booked under section 137(2) of BNS, at Mahatma Gandhi police station. The investigators said she was living with her second husband and had two daughters from an earlier marriage. She wanted a boy, the police said, adding that she had undergone an abortion a few weeks ago. Police said when she returned home to Savlaj village, she told relatives there she had delivered a boy and had even purchased baby formula to feed the infant.
Indian Express
29-04-2025
- Politics
- Indian Express
HC ultimatum to BMC to install pollution indicators at construction sites
The Bombay High Court on Tuesday said the BMC should ensure pollution indicators are installed within six weeks at construction sites where work is in progress and they should be centrally connected, failing which it would proceed to pass adverse orders against the authorities. This came after the intervenor in a suo motu PIL, raising concerns over 'alarming' air pollution levels in Mumbai and surrounding areas, claimed no devices were installed despite a January 9 order of the HC. The HC had then directed that 'if such devices are not installed in regard to construction units within a period of one month, action be taken against such units, including closing down of such constructions, till the compliances are achieved.' On Tuesday, a division bench of Chief Justice Alok Aradhe and Justice Makarand S Karnik was informed by senior advocate Milind Sathe, representing the BMC, that it has initiated steps for installation of pollution indicators at construction sites. Sathe added that to connect such devices or monitors centrally and to evolve surveillance, the civic body has consulted experts from IIT-Bombay and IIT-Kanpur and before the next date of hearing, appropriate steps to implement the HC's January 9 directions will be taken. Senior advocate Janak Dwarkadas for NGO Vanashakti, intervening in the matter, argued that despite the court directions, the indicators are not yet installed at construction sites. 'We will give them a month's time or else we will proceed against them,' CJ Aradhe orally remarked. 'These devices have to be installed on all construction sites. If they have not done it, stop construction. Standard Operating Procedures (SOPs) have to be in place for all constructions. The order is in the form of direction to you. It does not permit you to take time to consult IIT etc,' Justice Karnik orally told the BMC. Sathe clarified that consultation sought was only pertaining to the centrally connecting the indicators and steps are being taken to install the indicators. He also said that the BMC should consult IITs concerned on the issue of desirability of installing CCTVs at construction sites. 'We are inclined to grant six-week further time to implement directions of January 9 order,' the bench noted in its order. Senior advocate Darius Khambata, appointed as Amicus Curiae to assist the court in the matter, said the MPCB has completed the audit for red-category (highly polluting) industries, however it had not submitted the audit report. Senior advocate Ashutosh Kumbhakoni for the MPCB submitted that the audit report will be placed on record before the next hearing and the board will also proceed to conduct audit in respect of orange category industries. Khambata further submitted that in the Khairani Nagar area of suburban Chandivali, 'bhattis' are causing severe pollution and in Ulhasnagar area, air quality measuring stations are not properly working or have been reporting outdated data. Moreover, he said that in Ulhasnagar, fire continues to break out in open dumping ground and garbage burning remains unabated on banks of Waldhuni river and firecrackers are continuously burst in the area. The MPCB said it will consider the issue regarding the pollution at the two places and will initiate immediate preventive measures to curb pollution. The court asked the authorities to file affidavits in compliance of its orders to be filed by June 12 and posted further hearing to June 17.
