The Problem Running a dating or social networking site means enabling people to share personal information. People share when they feel that it is safe to do so, which means that you need to keep the door closed to spammers, predators and cyber bullies.
The typical action from service provider’s side includes:Populate fraud prevention teams - labor inefficient Market exposure limitation - killing growth
Hard-coded rules - punishing good customers
And, once you find them you can keep the doors permanently closed denying them a new account regardless of any fake data they might try to present to you.
Fraudpointer provides a comprehensive solution to help defend social networking communities from abusive behaviors and catch the bad guys before they harm the community and its reputation.
How it works?Unlike first generation anti-fraud services that rely on personally identifiable information (PII), Fraudpointer offers a three dimensional approach:
A sophisticated rules engine: Expose fraudsters by spotting specific characteristics in their behavior. Use our predefined industry specific templates or create a new one based on your experience and achieve a quick win on identifying real-time with precision high risk transactions without harassing your good customers.
Device identification technology: Our technology assigns a unique fingerprint to each device (computer or mobile) visiting your website. Going beyond personally identifiable information, ip address, proxies or bank identification number, you can connect a series of events/transactions to a specific device and protect your business from multiple attacks where cyber criminals appear as different customers.
A multi-million strong reputation database: Take advantage of the power of the shared history and experience from a wide network of online businesses and fraud professionals to immediately identify suspicious devices. Compare transaction anomalies, velocities and geolocation to the shared intelligence on a multi-million database of devices and their attributes.
BenefitsImmediately reduce online Digital Rights misuse with instant and real-time assessment. Reduce manual review costs and improve assessment accuracy using a rich set of data and automation. Take advantage of a multi-million strong, cross-industry wide reputation database and improve your intelligence.
Utilize data from your transactions to prevent account take overs and origination of new fraudulent accounts
Identify good from fraudulent users so that you can concentrate on expanding your business and maximizing revenue
Quickly integrate and build on top of your existing investment in fraud management tools