SEON

As the excitement of the Euro Cup 2024 captivates audiences, the iGaming industry is busier than ever. This surge in activity brings not only opportunities but also challenges, particularly in combating fraud. We are thrilled to share a guest post on European Gaming Media's site by our CEO, Tamas Kadar 🚀 Dive into the essential strategies and tools needed to protect your gaming platform from fraudulent activities. From understanding common fraud types to implementing advanced detection techniques, this intro guide is a must-read for anyone in the iGaming sector. Stay ahead of the game and ensure your platform remains secure and trusted during this peak gaming season 👊 #EuroCup2024 #iGaming #FraudPrevention #SEON #GamingSecurity

Exciting couple of days ahead 🚀 We're heading to Fraud Leaders' Summit to discuss all things fraud prevention and detection. See you there 👋

With AI taking center stage in many aspects of our lives, it’s no surprise that it’s also becoming the MVP of fraud prevention. 🤖 Machine learning can help you look for suspicious patterns and suggest rules that could apply to your business. Finetuned with your feedback, it adapts to your risk tolerance, improving accuracy and speed. The ideal combination: a powerful AI-driven system unveiling potential risks validated by human intelligence. The algorithms initially learn from default transaction states, but you can make these even smarter to achieve unmatched accuracy by grouping similar transactions through labels. The result? Precision like never before. See through the tactics of bad players faster and more accurately to win the game against fraud 💪

🛑 3 signs to look out for to spot chargeback fraud 🛑 1️⃣ Lack of registered social media profiles: Collecting and analyzing social and digital signals to construct a comprehensive digital footprint is a good way to size up intentions: if a player lacks associated social media or online presence, you can suspect potential chargeback intent. 2️⃣ Discrepancy between card and IP country: Combining IP analysis with card BIN lookups unveils inconsistencies, such as a US card with a Russian IP. While this might not be a definite sign of fraud in itself, the mismatch can indicate a chargeback attempt requiring more in-depth analysis. 3️⃣ A rapid increase in deposits: A significant surge in deposits within 24 hours may signal a chargeback, as fraudsters often exploit stolen card numbers to withdraw winnings quickly. Check our recommended custom rules to spot such instances instantly. By setting up rules to spot these occurrences, stopping chargeback fraud is easier than ever. You don’t have to just accept chargebacks and online gambling fraud. Seeing through ill intent doesn’t have to be a mission impossible.

We were delighted to sponsor and attend the European Airlines Fraud Prevention Group’s annual conference in sunny Budapest earlier this month ☀ Fraud prevention is a collaborative effort, and this conference was a prime opportunity to share insights on critical issues such as payment and loyalty fraud. A big thanks to EAFPG and Eric Facquet for hosting such an invaluable event and fostering essential discussions on fraud prevention and detection 👊 🛩️  

We're always thrilled to hear how our solutions empower clients to fight fraud effectively. Our partnership with Lottoland is a prime example of this. As a top-tier name in online lottery and gaming, Lottoland faced a critical challenge: elevating their fraud defenses without affecting the smooth user experience they're known for. That's where SEON stepped in. With our state-of-the-art tools, Lottoland not only strengthened their risk framework but also continued to provide a safe, seamless experience for their users. 🎥 Dive into our latest case study video to discover how we enhanced Lottoland’s fraud detection measures, safeguarding millions of users across the globe.

Discover how Lottoland, a global leader in online lottery and gaming, partnered with SEON to fortify its fraud prevention strategy 🚀 Facing escalating challenges in fraud detection amid rapid expansion, Lottoland sought a robust solution to safeguard its platform and enhance user trust. Explore this compelling video case study to witness how SEON’s partnership enabled Lottoland to strengthen its security framework, ensuring a trustworthy gaming environment for millions of users worldwide 🛡 Matt DeLauro Daniel Sebes 🏴☠️ Amanda Lieu #FraudPrevention #CyberSecurity #OnlineGaming #CustomerTrust #SEON #Lottoland #CaseStudy

Exciting insights from Money20/20 Amsterdam with three key takeaways shaping the future of finance on our blog: 1️⃣ UK's upcoming APP fraud regulation: Financial institutions must prepare for new responsibilities and reimbursement rules. 2️⃣ European fintechs evolving into full-service financial institutions: SuperApps are expanding their offerings and facing new regulatory challenges. 3️⃣ Instant payments raise fraud concerns: The industry calls for robust fraud detection systems before widespread adoption. As the financial landscape transforms, SEON remains committed to providing cutting-edge fraud prevention solutions. Read insights on our blog: https://lnkd.in/gjAVkFA5 Or join our webinar on June 25 with fraud & AML leaders from Tide, Pleo and more! Sign up here: https://lnkd.in/dwVtC7iM #Money2020 #FinTech #FraudPrevention #InstantPayments

Thrilled to share insights from our very own Logan Porter, featured in Payment Expert's latest article 👏 Logan dives deep into SEON's innovative strategies for combating fraud and highlights the critical role of machine learning and AI in staying ahead of emerging threats. We're committed to developing cutting-edge solutions that not only detect fraud but also adapt to the ever-evolving landscape of cyber threats. Our technology is designed to provide businesses with the tools they need to protect their operations and customers efficiently and effectively. 🔗 Read the full article here: https://lnkd.in/eP6vwVYR #FraudDetection #CyberSecurity #MachineLearning #AI #TechInnovation #SEON #PaymentSecurity

We're excited to be a first-time sponsor of the Payments Leaders' Summit in Miami this week. Day 1 brought dozens of conversations around the need for standardizing fraud prevention tactics to stay ahead of emerging threats. Bring on Day 2! 💪