Incognia’s Post

On the third day of my #fraudawarenessweek gratitude journey, with which I committed to not only raise awareness about fraud and ways to combat it, but also to celebrate wonderful fraud fighters and colleagues that I am proud to work with and/or look up to, I would like to recognize my dear colleagues and true professionals from Vanrise , that have been showing excellence in all areas of our cooperation within the realm of #telecomfraud and #revenueassurance and share our latest joint blog post on the New Trends in technologies and CSP’s offerings, calling for evolved RAFM approaches. One of my favorite sentences of the article is: "It is a fact that CSPs who face the light of innovation, inevitably have their back in the darkness of fraud." ... who said fraud fighters can't be poetic? 😊 Dana El Bizri Sari Mansour Hassan H. Farah Sleiman Ali Sleiman Ali Mansour #fraudweek #acfe #fraudawareness #fraudmanagement #telecom #revenueassurance #csp #fraud #gratitute #professionalism

Fingerprint visitor IDs are highly accurate identifiers that uniquely recognize your web or mobile users. Imagine a visitor browsing your site anonymously, then signing up or making a purchase later. Now, you can link their previous anonymous events to their new customer profile. Or let's say that the same visitor showed some red flags before signing up, like multiple failed login attempts or suspicious browsing patterns. Once you know their account information, you can tag those past events, potentially uncovering fraudulent behavior that might have slipped through the cracks. Learn more about how enhancements to Fingerprint's Events API can help build a more complete, dynamic picture of each visitor and their activity over time.

🎲 Take no chances with fraud prevention! 💰 This year, companies are set to score big wins in the battle against scammers and fraudsters. Check out the key fraud prevention trends to keep an eye on this year. https://lnkd.in/eayh8Z3R #FraudPrevention #2024Predictions #FraudDetection #Blog

✨Product update✨ We've rolled out two improvements to our visitor identification API — you can now build more comprehensive profiles for users visiting your site! Check out this blog post to learn how you can enrich past identification events and tailor our Suspect Score to your unique environment, creating a more adaptive approach to fraud prevention 🔗 https://ow.ly/5u6850SAPmR #productupdate #deviceintelligence #customerexperience #frauddetection

Here’s what fraud experts around the world think this year has in store for us ➡ Drawing from a survey of 316 industry professionals, SEON’s 2024 Fraud Trends Guide outlines the evolving landscape of fraud, highlighting the role of advanced technologies and the importance of robust prevention solutions. The guide covers: ✔ The expected rise in fraud volume ✔ Increasingly sophisticated fraud threats ✔ How AI is changing the game for both perpetrators and fraud fighters ✔ Essential strategies for robust fraud prevention Here’s a sneak peek: - 87% anticipate a rise in fraud driven by AI, Fraud-as-a-Service (FaaS), and economic pressures. 📈 - Fraud costs $5.13 trillion each year globally, increasing by 56% over the last decade. 💰 - 71% believe AI will be the top fraud threat in the year ahead. 🤖 - Phishing and synthetic fraud are expected to increase the most in 2024. ⤴ Don't let fraudsters outsmart your business. Arm yourself with knowledge and make SEON your first line of defense against online fraud. Read the full guide here: https://lnkd.in/dD5JcFEZ #FraudPrevention #AI #SEON 

🎲 Don't gamble with fraud prevention! 💰 This will be the year companies win the jackpot in their fight against scammers and fraudsters. Here's a look at the top fraud prevention trends to watch out for. https://lnkd.in/eayh8Z3R #FraudPrevention #2024Predictions #FraudDetection #Blog

I recently had an insightful discussion with Christopher Tennyson, MBA and Meg Mariani, PMP from Kount, an Equifax Company about their strategic vision for their eCommerce fraud prevention portfolio. Our conversation highlighted Kount's commitment to a user-centric fraud prevention platform, with a strong focus on detecting emerging fraud patterns. Key takeaways included insights into the future of eCommerce fraud solutions and Kount's efforts to deliver an end-to-end fraud detection platform for users. #quadrantknowledgesolutions #eCommerceFraud

🎲 Don't gamble with fraud prevention! 💰 2024 will be the year companies win the jackpot in their fight against scammers and fraudsters. Here's a look at the top fraud prevention trends to watch in the new year. #FraudPrevention #2024Predictions #FraudDetection https://lnkd.in/eDjpj6Sf

👀 Explore SEON's 2024 Fraud Trends Guide, which details the evolving fraud landscape, focusing on the importance of advanced technologies and robust prevention strategies. Some key points include: * 87% from the surveyed experts expect more fraud from AI, FaaS, and economic stress. * Annual global fraud costs hit $5.13 trillion, up 56% in a decade. * 71% see AI as the next year's biggest fraud threat. * Phishing and synthetic fraud to rise sharply in 2024. #fraudprevention #ai #security #trends #threat #saas #b2b #venturecapital #crewcapital #startup

🛡️ Fraud Solutions: Build or Buy 🛡️ With so many fraud prevention solutions on the market why should a company want to build its own? 👉 Benefits of Using a Third-Party Provider: 💰 Speedy Setup: The provider tool is ready to use with a nice interface and fancy dashboards. Integrate, create rules, and go! 🚀 💰 Ideal for Most Merchants: If you’re selling designer purses an off-the-shelf solution might be your perfect match. Set it and forget it! 💰 Focus on Core Business: Let the provider handle development and maintenance while you channel your resources on your core business. 🏢 Benefits of Building In-House: 🚧 Customization: Tailor your fraud system to fit your unique business needs. For example, at Bolt the fraud tool is used to check if the cancellation fee should be charged based on whether the driver has started moving towards the customer. This is not something that a generic fraud tool offers. 🚧 Cost Efficiency: For high transaction volumes, having our team of fraud experts and developers beats paying a third party. Plus, with a provider you can’t completely eliminate your own team. We’d still need people for integrations and rule maintenance. 💰 🚧 In-House Expertise: Fighting fraud requires close collaboration across teams. Having our fraud experts in-house ensures they know our product inside out! 🤝 The Verdict? Ultimately, it depends on your specific use case. At Bolt, our in-house team and tooling have proven to be the winning combo! 🏆 Are there any relevant points that I missed? Also, if you are one of the solution providers that contacts me regularly then my team and I are ready to discuss the benefits of your product over a nice steak dinner.