seon

““One of the features that works well for us is the AI feature, because it helps us to add rules with free text rather than having to learn equations and codes. It empowers our fraud team to make changes quickly. The AI feature also gives summaries about players, so you don’t need an encyclopedia to figure out what certain information within the rules means.””

“We have more capacity to focus on product enhancements, and we feel like we can market the app more effectively because we know it’s a secure platform. For organizations serving people who are struggling, that guarantee that their members will be safe is a huge value.”

“NewForm exists to be a safe, trusted space for our members, it’s something we care deeply about. When it became clear that bad actors were getting in and the tools we had weren’t enough to stop them, we knew we needed a better solution.”

““The API availability is very stable. No issues, and data quality overall is very good.””

“By labeling data to provide feedback to the ML models, it has recommended rules and provided full explainability. This not only saves us time on rule building but also allows us to tailor the rules to fit our exact needs.”

““The automation – the fact that we can set our fraud prevention on auto-pilot – it allows us to feel secure as we grow other aspects of the business. If we didn’t have SEON, we’d have to immediately look for the closest alternative. ””

“We deployed SEON both on our website and web app to gather device data as well as IP and email information. It was unbelievably fast, both in terms of integration and results. In 4 days only, our fraud rates were pretty much down to 0”

““We used Circle’s built-in anti-fraud protection during the conversion from fiat to crypto. But I knew we needed a top-tier tool that could deliver real-time results to keep up with our high transaction volumes.””

““The Gini increased 1-2% percent when using SEON. The more diverse data points, the better.””

““SEON was the first organization to unlock social media data for fraud prevention. It’s difficult to capture and even harder to maintain, and that’s what makes it so valuable.””

“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.”

“We were already using a fraud detection tool for device fingerprinting. But we work with a small number of data points, which meant loads of manual reviews and constant pressure on the fraud team. Some of our customers had to wait for reviews to use our platform, which isn’t something we want to put them through.”

“The best SEON feature is the scoring engine. We have created new custom rules and fine-tuned scores based on our crypto mining patterns. In particular, rule parameters and data fields which are easily customizable. We are excited to see what more SEON can do in the future to continue to combat fraud effectively.”

“SEON was easy to integrate with our platform. It allowed us to customize risk thresholds and rules over time to ensure a seamless product experience while reducing false positives for non-fraudulent users. The pay-for-what-you-use pricing was also an important factor in choosing it.”

“SEON’s combination of flexible technology and expert consultancy transformed our approach to fraud prevention while preserving our users’ experience.”

“Deploying SEON not only made our KYC process smoother and more efficient, it also boosted the confidence in our fraud prevention efforts,” Gabor says. “We can now do a much better job by supervising the automated system, rather than feeling overwhelmed with manual reviews.”

“The best part of the integration was that it didn’t change anything for our users. We can check the user IP, device and uncover a lot of useful info thanks to the reverse email lookup module, all without adding any customer friction.”

“Money laundering is a huge risk in our vertical. So we must take great care to have the best KYC process in place to remain compliant and to ensure the safety of our business and users.”

“We wanted a way to proactively stop fake sign-ups without adding friction for real users.”

“We feel entirely confident in managing fraud through our partnership with SEON. Their team of experts is available to answer any query, offer advice, and provide insight for any complex cases. This helps us ensure we’re not managing fraud like a startup business with limited resources, but like a team of fully-equipped and experienced fraud management professionals instead.”

“The system was surprisingly easy to integrate and to operate, but it was really the GUI that sealed the deal for our risk team.”

“SEON has delivered proven fraud reduction results, which keeps our customers safe and secure. And when you factor in how affordable it is, I don’t know what other solutions could compete.”

“We were prepared for a certain level of fraud, with customised KYC and manual checks. But the chargeback bill reached $40K in our first two weeks of operations, which would have really hurt our operations in the long run.”

“SEON has become more of a strategic risk partner than just a solution. We don’t see it as software; we see it as part of our business.”

“SEON’s adaptable rule engine supported us through cycles of rapid growth and refinement. The ability to customize risk parameters on the fly helped us stay agile in a fast-paced environment.”