FraudAvoid - An Antifraud and in-depth insight tool
Use Cases of Antifraud Solution
Payment Gateways
FraudAvoid enables protection on all fronts of the payment gateway, which means you build strong relationships with your customers and merchants.
Lower refund rates
Prevent payments from stolen cards or credentials and block fraudulent payments before they affect your business. Improve your customer experience, reduce fraud and meet card network chargeback ratios
Reduce manual review time
Save time, money, and staff resources on manual review by automatically providing important data to your analyst/fraud manager in a clear dashboard. Combine email strength, IP, device, and behavior analysis with machine learning to support your decision and access visualization and reporting features at your fingertips.
Find fraudulent traders
Automatically marks fraud traders with a high-risk score which brings poor customers and stolen card payments. Perform a complete digital trace analysis that provides an accurate customer profile and utilizes the power of machine learning to filter high-risk behavior.
Stop fraud related to
- Identity Theft
- Synthetic Identity
- Account Farming
- Reversed payments
- Refunds / Chargebacks
- Account takeover
- Bot attacks
- Disputed payments
- Friendly Fraud
- Regulatory Fines
- and many more
ECommerce
FraudAvoid increases your income by reducing rejecting pay and lost resources for fraud orders. We will be trusted gatekeepers for your online store, empowering you to fight fraud because you protect your valuable customers.
Lower payment rates and friendly fraud fees
Prevent payments from stolen cards or credentials and block invalid transactions before they hurt your business. Increase your success rate when refunding counterfeit money, requesting to reject the payment, and fulfilling the credit card network.
Reduce the manual review effort
Save time, money, and staff resources on manual review by automatically providing important data to your analyst/fraud manager in a clear dashboard. Combine email strength, IP, device, and behavior analysis with machine learning to support your decision and access visualization and reporting features at your fingertips.
Find fraudulent traders
Automatically marks fraud traders with a high-risk score which brings poor customers and stolen card payments. Perform a complete digital trace analysis that provides an accurate customer profile and utilizes the power of machine learning to filter high-risk behavior.
Authentication login is safe
Prevent accounts takeover without slowing down your customer’s journey. Apply a risk-based authentication that only triggers 2fa or SMS verification for high-risk logins. Protect your organization from phishing attacks, and increase the security of your user’s online wallet.
Stop fraud related to
- Identity Theft
- Synthetic Identity
- Account Farming
- Reversed payments
- Refunds / Chargebacks
- Account takeover
- Bot attacks
- Disputed payments
- Friendly Fraud
- Regulatory Fines
- and many more
Banking and Insurance Fraud
Onboard more customers with less friction while staying obedient and competitive. Integrate FraudAvoid with your banking platform or insurance for the protection of financial fraud that performs more than just reducing the level of fraud close to 0%. You can take advantage of advanced tools such as enrichment of data and machine learning rules to identify, block and reduce financial fraud online in just a few days.
- Control online account openings
- Perform a complete digital trace analysis to block customers using stolen and fake identities. Cut the making of fake accounts and stop money laundering rings on their tracks – without friction costs for legitimate users.
- Reduce the risk of AML and increase your KYC check with the best banking fraud protection tool for fraud managers and risk teams.
- Authentication login is safe
- Prevent accounts takeover without slowing down your customer’s journey. Apply risk-based authentication that only triggers 2FA / SMS verification for high-risk logins. Protect your organization from phishing attacks and financial fraud online, and increase the security of your user’s online wallet.
- Can you promise to meet strong customer authentication goals? Combine fraud prevention with KYC tools to avoid fines or regulations and grow your financial business with full peace of mind.
- Make sure the Compliance with PSD2 and 3DS 2.0
- Maximize transactions received and minimize the buyer’s friction while ensuring you obey the latest direction and the regulatory framework.
- FraudAvoid banking fraud prevention solutions secure open fire for historical data access and real-time time payments, and defined rules are designed to meet regulatory technical standards (RTS) in strong customer authentication (SCA) – which you can optimize and extend through machine learning or tweaker manual.
- Continue to get costs at the bay
- Increase the accuracy of the results of the protection of your banking fraud and reduce the cost of rejecting payment. Automatically marks fraud traders with a high-risk score that brings bad customers and stolen card deposits.
- Block bad affiliates and get more than your marketing dollars if Fintech you use a referral program, and start onboarding more users now.
Gaming & Gambling
Keep gamers playing safely without damaging their pleasure – or frustrating their efforts to join
your platform with an exciting ID inspection. FraudAvoid eliminates threats, evil players, and all efforts to damage your business, while ensuring legitimate players continue to return for more.
Reduce bonuses and misuse of promos
Automatically detects fake accounts through a complete digital trace analysis. Customers use stolen or fake IDs to ensure only the benefits of real players from your program and to eliminate multi-account collusive games
Lower payment rates an friendly fraud fees
Prevent payments from stolen cards or credentials and block invalid transactions before they hurt your business. Increase your success rate when refunding counterfeit money, requesting
to reject the payment, and fulfilling the credit card network.
Make sure the Compliance with PSD2 and 3DS 2.0
Prevent accounts takeover without slowing down your customer’s journey. Apply a risk-based authentication that only triggers 2fa or SMS verification for high-risk logins. Protect your organization from phishing attacks, and increase security for your user’s online wallet.
Find Fraud Affiliate Traffic
Detect affiliates send bad customers by your way so you can lift more profits. Save marketing resources and increase income while saving you on potential problems.
Reduce the manual review time
Save time, money, and staff resources on manual review by automatically providing important data to your analyst/fraud manager in a clear dashboard. Combine email strength, IP, device, and behavior analysis with machine learning to support your decision and access visualization and reporting features at your fingertips.
Activate Risk-Based KYC Procedure
Get a clear picture of your customers, and only trigger manual verification or ID for high-risk users. Create a customer trip without friction that increases conversion, and retention and keeps you obedient.
Travel and Ticketing Fraud
Don’t let frauds, brokers, and entrance ticket brokers between your platform and original
users. Improve profits by eliminating the reseller market opportunities and make sure your ticket or travel platform is 100% free of fraud to increase the satisfaction of legitimate buyers.
Lower payment rates and friendly fraud fees
Prevent payments from stolen cards or credentials and block invalid transactions before they hurt your business. Increase your success rate when deploying counterfeit money, requesting
to reject the payment, and fulfilling the credit card network.
Reduce the manual review time
Save time, money, and staff resources on manual review by automatically providing important
data to your analyst/fraud manager in a clear dashboard. Combine email strength, IP, device, and behavior analysis with machine learning to support your decision and access visualization and reporting features at your fingertips.
Prevent scam list and fake reviews
Do a complete digital trace analysis that is spotted or fake ID. Stop losing trust in a fake account that posts fraud and fake reviews on your site – and increase the original visitor experience in the process.
Block ticket scalping bot
Automatically detects bot purchases from organized brokers. Reducing lost income to the secondary market, and ensuring legitimate users attending the event they want thanks to your platform.
Reduce Crypto and FOREX Fraud
Processing more card payments without risking rejecting payments and AML or KYC fines. Use FraudAvoid tools to verify the identity of the cardholder, login authentication, and reduce all Crypto and Forex fraud rates.
KYC control and check ID
Don’t let the user enter your exchange or draw with a fake or stolen ID document. Use digital trace analysis to complete their profile with alternative data that is fresh and trustworthy. FraudAvoid is the only fraudulent prevention solution that allows you to check 35+ social media networks to confirm the user’s identity and block fake or synthetic IDs.
Avoid AML fine
Leverage custom risk rules to monitor suspicious behavior, high-volume trade, and large payments. You can set the threshold for automatic manual review, or link FraudAvoid with your favorite web application to get instant notifications. Our white machine learning system will also suggest rules to be applied to stay obedient to every new regulation.
Stay in good book network cards
Crypto exchanges have been considered high-risk. Reduce your payback tariff without increasing false positives to ensure the card operator does not block payment on your site. With advanced FraudAvoid data enrichment, you can ensure that only legitimate cardholders who buy Crypto have all the data to prove it if there is a payment of payment.
Authentication login is safe
Prevent accounts takeover without slowing down your customer’s journey. Apply a risk-based authentication that only triggers 2fa or SMS verification for high-risk logins. Protect your organization from phishing attacks, and increase the security of your user’s online wallet.
Online Lending Fraud
Preemptively eliminate defaulting customers and enlarge your market by taking control of your credit risk analysis. FraudAvoid lets you scale your payday loan or fast loan business by reaching the right borrowers, and ensuring they truly are who they say they are.
Find default customers in the future
Do a complete digital trace analysis that is spotted or fake ID. Stop losing money to fail customers before they can create a fake account, and increase your credit assessment accuracy thanks to our external data enrichment tool.
Onboard more customers
Expand your market reach by balancing the risk and new customer loans thanks to the right data enrichment. Make sure you do not lose a market share to competitors with onboarding without friction and unnecessary obstacles.
Improve credit risk analysis
The power of machine learning to get a more appropriate risk analysis score for each customer – without increasing the manual efforts or complex technical obstacles. Performing your existing dataset for smarter decision-making that does not slow down your business.
Reduce the manual review time
Save time, money, and staff resources on manual review by automatically providing important data to your analyst/fraud manager in a clear dashboard. Combine email strength, IP, device, and behavior analysis with machine learning to support your decision, and access visualization and reporting features at your fingertips.
Buy now Pay later Fraud
Empower your customers with credit lines (LOC) without losing revenue to reject the payment, never pay, and thin out fraud. BNPL is a growing, popular payment method that is
preferred over traditional credit cards or loans. Utilizing the right fraud detection tool
with BNPL payments can ensure you provide a customer experience without friction and
an increased risk of fraud.
Recognize synthetic fraud and reduce never paying
Prevent payments from stolen cards or credentials and block invalid transactions before they hurt your business. Our social and digital trace analysis gives you alternative data to check the possibility of synthetic fraud and reduces never paying. Combine human insights with our white machine learning algorithm to mitigate your risk.
Customer service without friction and light KYC
Make sure customer travel is smooth without a multi-step verification system. FraudAvoid allows lightweight KYC as a cost-effective alternative to hard KYC. Running fast in the background creates onboarding or a smooth order experience for your customers without sacrificing security. This completes the credit assessment by giving you alternative data to support your risk decision-making.
Detect a suspicious profile with one data point
Use a real-time data enrichment solution to track every user data point to get a clear picture of who your customers are actually. We analyze 35+ digital and social profiles to help you conduct risk assessment supported by data on each transaction. Our advanced learning machine analyzes unusual purchasing behavior, log-in new devices, and shipping address inconsistencies.
Save staff resources and money
We minimize labor-intensive manual reviews by marking risky transactions through an easy-to-use dash. Combine email strength, telephone, IP, devices, and behavioral analysis with machine learning to help you detect order fraud accurately and give you access to the reliable reporting feature, everything in real time.
