NeuroID

For millions of people worldwide, online gaming and gambling are excellent ways to wind down after a long workday or enjoy some fun during a leisurely weekend. It’s even a decent way to socialize and enjoy the camaraderie of others as you try your hand at something new. However, while gaming and gambling online can feel like a haven, there are associated risks—and fraud may be the largest one. Even those who use these sites and platforms purely for recreation become targets, not to mention publishers. The unfortunate reality is that each internet connection is a conduit for bad actors who manipulate people and platforms to further their agenda. Much like fintech companies use cutting-edge software to detect new account fraud , gaming and gambling platforms can use tools to deter or catch fraudsters before they strike. Here’s a list of three types of online gaming fraud worth defending against. Account Takeover Fraud Like any business, online gaming and gambling companies need users ...

Assessing risk and navigating hazards are two crucial elements of guiding your organization toward its goals. This is especially true for expanding your digital footprint. Whether you’re rolling out new online services or growing your user base, you must consider your vulnerability to new account fraud and the dangers it can pose. Hopefully, your organization employs robust, modern fraud detection tools to catch bad actors at the point of attack. The threat from fraud rings, bot attacks, and other digital dangers is simply too great to ignore. If you’ve noticed a few signs that make you question your organization’s defenses, it might be worth taking a closer look before you’re caught off-guard. Whether the task takes minutes or hours, inspecting your fraud detection systems is time well spent. Start with this list of three dead giveaways that your organization could be doing more to spot the bad guys before they have a chance to strike. Your Systems Use PII to Authenticate New User...

Significant economic changes are virtually always a trade-off. The eCommerce revolution has created groundbreaking financial opportunities while introducing an insidious and sophisticated diversity of cyber threats. Thankfully, fraud detection solutions that are just as sophisticated as the threats they’ve been developed to counter are now available. With some preparation and technology to detect new account fraud and other threats, your business can far more safely prosper and expand online. Become Educated on the Existing Fraud Threats Researching and familiarizing yourself with cybercrime threats and fraud risks in general and those most likely to target your business specifically is essential. It may sound obvious, but far too few of those who rely on online financial transactions educate themselves on the specifics of those threats. The more you learn about the risks, the better positioned you are to detect them and take action. Train Your Team Members on Fraud Thre...

Growing your business requires attention to detail and the ability to handle any threat you have to face. But what about the threats that could potentially go undetected? Unfortunately, when it comes to operating in the digital space, organizations of all types face a variety of hazards that often remain invisible until it’s too late. New account fraud is among the top dangers most companies don’t see coming, though everyone would prefer to catch fraudsters before they get into a position to strike. While many organizations rely on obsolete digital defenses, there are modern, innovative tools that can help your organization implement real-time fraud detection solutions. If you’re on the fence about an upgrade, you’ve come to the right place. Read on to learn why an investment in cutting-edge fraud detection tools can provide outsized benefits for your growing business. Digital Success Requires Securing Growth Regarding fraud detection and its necessity, there exists an unfortunate...

In our modern age, nearly every business is aiming to expand its digital footprint. To secure growth without succumbing to the variety of online threats facing organizations of all sizes across all industries, most companies utilize fraud detection systems that incorporate advanced ID verification tools.  However, while many people don’t even realize it, the threat landscape has changed dramatically in recent years. The systems that would have been adequate for detecting fraud five years ago are now outdated and can pose a liability to unsuspecting users. Despite the constant innovation by bad actors, your organization can still secure growth in the digital space by relying on robust, modern fraud detection and ID verification solutions. But first, you need to learn about a few common misconceptions around this issue that lead to vulnerabilities. Read on to understand what everyone gets wrong about ID verification and how you can avoid making the same mistakes. Fraud...

The wide array of hazards across the digital landscape is enough to make anyone wish for the commerce standards of yesteryear. When a potential customer walked up to the counter or sat across from a lender, you could get an idea of who they were and how they operated. Moreover, they had to produce personal documentation such as a driver’s license, social security card, or utility bill to prove their identity. These were simpler times. The modern online marketplace is far less certain. In fact, the persistence of bad actors, the wide availability of compromised personal information, and the eroding effectiveness of fraud detection systems have led to a digital identity crisis that causes untold harm each year. Here, you’ll learn more about this crisis and which industries face the most substantial threats. Online Lenders The ability to issue credit cards or otherwise lend to consumers online is more than good for business—it’s contributed to the boom of the entire global...

Effective use of the online marketplace is vital for the growth of your business. Still, the digital landscape is rife with threats, including fraud rings and other bad actors who work daily to take advantage of organizations just like yours. With seemingly endless account opening fraud and other attacks occurring every day, it can feel like a serious challenge to keep your company out of the line of fire. However, investing in a high-quality fraud detection system based on behavioral analytics can help you stay ahead of fraudsters. Read on to learn how real-time fraud detection can help insulate your business from fraud attempts. Understanding the Digital Identity Crisis Traditional identity verification software relies on PII to determine whether a user is a genuine customer or a bad actor with nefarious intent. Unfortunately, the vast troves of compromised PII available for purchase online means that PII-reliant verification software is susceptible to a wide variety of fraud, incl...

Every interaction customers have with your business colors their customer experience. These positive and negative interactions can influence their decisions to conduct business with your company now and in the future. A good experience drives brand loyalty. Using behavioral intelligence and analytics can help improve your customers’ experiences and help prevent fraud. What Data Can You Collect From Customer Experience? Customer experience analytics collects and analyzes data such as reviews, how often they purchase from your company, and customer satisfaction surveys. This important data can help you learn more about your customers' expectations, informing your decisions. With that said, it can be hard to do at scale and is not always accurately representative of your customers. The group that fills out the survey is likely already loyal or customers who want to voice their concerns. Using Behavioral Analytics to Understand the Customer Experience Behavioral analytics can help...