Sumsub has expanded its fraud prevention capabilities by integrating superior system intelligence from Fingerprint, a supplier of real-time system sign evaluation.
The replace goals to assist companies establish suspicious habits earlier within the buyer journey, notably after onboarding, the place the vast majority of fraud makes an attempt reportedly happen.
The improved answer analyses technical parameters comparable to browser sort, working system, and using VPNs or distant entry instruments.
This enables corporations to detect threats comparable to bot exercise, account takeovers, and multi-accounting with out counting on private knowledge or interrupting person experiences.
Fingerprint’s Sensible Indicators additionally detect incognito mode, developer instrument utilization, and different indicators of suspicious community exercise.
The combination additionally helps scale back pointless KYC prices and is designed to function with out requiring technical implementation from purchasers.
Sumsub mentioned the answer is especially helpful in high-risk sectors like crypto, fintech, banking, and e-commerce, the place early detection can forestall monetary losses and shield platform integrity.
The corporate additionally famous that the instrument helps scale back false positives whereas bettering fraud detection from sign-up by means of transactions and account adjustments.
“We’re combining our personal expertise with Fingerprint, a frontrunner in system intelligence. Collectively, our options present better accuracy and a extra full fraud prevention system, with no coding required on the purchasers’ facet.
With Machine Intelligence, you achieve deep visibility into person integrity and have the facility to cease fraud in actual time — earlier than it causes harm comparable to financial losses, operational disruptions or reputational dangers.”
mentioned Andrew Novoselsky, CPO at Sumsub.
“We’re excited to carry Fingerprint’s superior system intelligence to the Sumsub platform.
By combining our industry-leading accuracy and reliability with Sumsub’s highly effective id verification and fraud prevention options, we’re serving to companies unlock deeper insights into person habits with real-time indicators to cut back fraud and ship extra seamless onboarding experiences.”
mentioned Shaun Per, Vice President of World Gross sales at Fingerprint.
