Banking and insurance are industries that need to fight fraud

Banking and
Insurance Fraud

Onboard more customers with less friction while remaining compliant and competitive. Integrate SEON with your banking or insurance platform for a solution that does a lot more than just reducing fraud rate close to 0%.

Control online account openings

Perform a complete digital footprint analysis to block customers using stolen and fake identity. Slash fake account creation and stop money laundering rings in their tracks – at no friction cost for legitimate users.

Secure login authentication

Prevent account takeover without slowing down your customer journey. Implement risk-based authentication that only triggers 2FA / SMS verification for high risk logins. Protect your organization from phishing attacks, and improve security for your users’ online wallets.

Ensure PSD2 and 3DS 2.0 compliance

Maximize accepted transactions and minimize buyer friction while ensuring you comply with the latest directives and regulatory frameworks.

SEON’s technology secures open APIs for historical data access and real-time payments, and predefined rules designed to meet Regulatory Technical Standards (RTS) on Strong Customer Authentication (SCA) – which you can optimize and extend through machine learning or manual tweaking.

Keep acquiring costs at bay

Increase the precision of your friendly fraud detection and reduce chargeback costs. Automatically flag fraud merchants with high risk scores who bring bad customers and stolen card deposits.

Stop fraud-related threats

  • Identity theft
  • Synthetic identity
  • Money laundering
  • Account takeover
  • Phishing attacks
  • Reversed payments
  • Disputed payments
  • Bot attacks

Case studies and eBooks

Next event

Oct 28, 2020 - Oct 28, 2020

How consumer risk changed during the pandemic in emerging markets


Learn more