Banking andInsurance 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 launderingrings 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
All the anti-fraud tools we looked at could have helped to some extent, but none of the companies we contacted offered as much freedom as SEON when it comes to custom filters.
Gabor GalantaiCOO and Founder at Cash Coin
We contacted SEON and the negotiations were super sleek. Best of all, it took us about 30 mins to implement the Email API.
Jacob OrtegaCTO at albo
We had a feeling social media presence could help validate a user identity, but SEON’s Intelligence Tool was really what we needed to establish that correlation.
Kaspars MagaznieksFraud Manager at Sun Finance
We couldn’t be happier with SEON. The numbers in fraud reduction speak for themselves. But the ability to see customer connections is the feature our fraud team uses the most to combat multi-accounting, ATO and overall fraud attempts.
Luca GiancolaHead of Risk, Anti-fraud and Payments at Libertex Group
Case studies and eBooks
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Start fighting fraud now
Ready to see your fraud rates drop by the hour?
Get in touch for your free trial or to see how SEON can help your business grow safely today.
