Fraud Prevention for Your Online Business
Online fraud does not just take place in online shops. It also affects industries like travel, gaming, gambling, ticketing, digital goods and many others. Fraudsters use similar patterns everywhere: They try to get ahold of goods and services using stolen or fake personal data, such as payment data. The only way to stop fraud is with a sophisticated fraud prevention system like RISK IDENT’s solutions, which stop fraud in real time and can be customized to your specific fraud problem.
Different Industries, Diverse Fraud Problems
Travel
Complex bookings with various partners involved and the pressure of fast processes on booking platforms pose challenges for fraud prevention
Gaming & Gambling
Virtual currency is mainly stolen by credit card fraud and chargebacks and is then spent on the platforms of the providers
Ticketing
Tickets purchased with stolen personal and payment data are used by fraudsters or resold on secondary markets
Voucher Providers and Digital Goods
Vouchers and other digital goods are bought with stolen data and then redeemed by fraudsters undetected
Close the Gaps in Your Fraud Management
A Strong Team Against Fraud
By combining RISK IDENT’s device fingerprinting solution DEVICE IDENT and our all-in-one fraud prevention tool FRIDA, fraud patterns can be identified. This allows various types of fraud to be detected and stopped effectively.
Device Recognition in Real Time
Even with large amounts of data, transactions are evaluated in real time. This instant process includes device recognition, blacklist comparison, pattern recognition, and a calculation of fraud probability. Fraudsters are quickly put to a stop before they cause damage.
Fraud is Not Competition
RISK IDENT relies on sharing experiences and pooling data. We connect our customers from all industries because everybody benefits when the latest scamming tricks and other learned information is shared.
We Know About Your Challenges
Example Case: Fraudsters on Board
Similar to other industries, the travel industry is versatile. The business models of airlines, booking platforms and tour operators differ greatly — and so do the fraud patterns. This poses major challenges for fraud prevention in the travel industry. But fraud prevention with RISK IDENT is just as versatile. The individual creation and configurability of rules and filters allows us to adapt the calculation of fraud scores to the specific circumstances of our customers.
"We strive to constantly develop new solutions against online fraud together with our customers and are on the lookout for new fraud issues across all industries: Because online fraud can take place anywhere".
Marvin Ehleben International Business Development Manager
"When purchasing vouchers or digital currencies, fraudsters consider themselves completely anonymous. With the help of RISK IDENT, they're no longer hidden."
Christian Grundmann Senior Sales Manager
An Overview of Our Products
FRIDA is the intelligent all in one solution in the prevention of online fraud
It delivers reliable results in real time by using modern machine learning algorithms to establish connections between transaction data and recognize patterns. Man and machine — the dream team for online fraud prevention.
Fraud detection through the most used form of fraud prevention: device fingerprinting
Every device leaves digital traces on the internet, similar to a fingerprint in the real world. Device Ident recognizes fraudulent devices and prevents impending damage.
Let’s Stop Fraud Together!
Christian Grundmann
Senior Sales Manager
Fraud Prevention in Real Time
Transaction risk is assessed in real time and thus damage is prevented
Networking Against Fraud
Exchange of information through global and cross-sector device data pool
Effective Pattern Recognition
Detecting links between fraudulent transactions identifies fraudsters
Next event for personal exchange
january, 2021
