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TLDR Personally Identifiable Information (PII) is the most common reason fraud and AML teams stall on AI adoption, but analysts are already pasting risk signals into ChatGPT and Claude with no audit trail SEON’s MCP server replaces that workaround with a permissioned, logged connection that inherits your existing SEON role permissions SEON provides the governed …
Choosing a fraud detection tool for a marketplace is not the same decision as choosing one for a standard eCommerce business. The fraud surface is structurally different, detection requirements span two sides of the platform, and most tools on the market were built with neither in mind. This guide covers what to look for, what …
A standard digital commerce merchant typically has one main payment problem, and that’s stopping fraudulent buyers at checkout. A marketplace, however, has two. When a platform connects thousands of sellers with millions of buyers, fraud can enter from both directions simultaneously, and most payment fraud tools are built to catch only one of them. The …
International expansion tends to surface a problem that most brands don’t anticipate: the fraud tools that protected their domestic business start misreading customers the moment cross?border order volume picks up. Chargebacks climb, manual review queues grow and approval rates drop in the very regions expected to drive growth. The increase in fraud is only part …
For the past two years, organizations have raced to integrate generative models and machine learning capabilities into their environments, driven by the promise of unprecedented operational efficiency. Many B2B tech leaders now find themselves staring at sophisticated algorithms that process information without actively moving the needle on revenue or decision speed. The experimentation phase has …
Most organizations are thinking about AI in fraud prevention the wrong way: they treat it as a magic black box that will somehow absorb messy data, spit out a risk score and make their problems disappear. In reality, this mindset creates new risks, because opaque models without clear and cohesive explanations are almost impossible to …
Most digital commerce brands watch their chargeback rates closely, and they must — card networks set thresholds, processors enforce consequences and the dispute management process consumes real operational time. For example, under Visa’s updated Acquirer Monitoring Program (VAMP), merchants exceeding a 0.9% dispute ratio face fines, mandatory remediation plans and, in unresolved cases, the risk …
Most digital commerce brands watch their chargeback rates closely, and they must — card networks set thresholds, processors enforce consequences and the dispute management process consumes real operational time. For example, under Visa’s updated Acquirer Monitoring Program (VAMP), merchants exceeding a 0.9% dispute ratio face fines, mandatory remediation plans and, in unresolved cases, the risk …
Sweepstakes casinos operate in a uniquely exposed position within the wider landscape of online gambling fraud. Players move fast, prizes are real and the combination of virtual currency, redemption flows and promotional mechanics creates exactly the conditions fraudsters target. The challenge is not just stopping fraud. It is stopping it without adding friction that drives …
Most brands measure fraud by their chargeback rate. It’s a reasonable proxy, but it’s an incomplete accounting if you’re running high-volume campaigns on Meta, TikTok or Search. The chargeback rate captures the value of the orders you lost. However, it doesn’t capture what you paid to acquire the fraudster who placed it. When you factor …
In late 2025, Discovery launched a real-time security framework called TRUST Alert. It has reportedly prevented over R100 million in fraud losses to date. Feature How it Works AI Beneficiary Check The system analyzes every EFT. If you pay a beneficiary that isn’t common for your profile or has been flagged by others, you get …
The regulatory pressure reshaping North American sweepstakes didn’t arrive as a single event — it accumulated over time. California’s Assembly Bill 831, signed by Governor Gavin Newsom last October and effective in January of this year, removed the state, which represents 17% of U.S. sweepstakes casino revenue, from the addressable market in one stroke. Attorney …
The suspension of Fannie Masemola has sent shockwaves through South Africa’s law enforcement establishment. But beyond the headlines, the case offers a deeper and more uncomfortable lesson: procurement fraud is not an anomaly – it is a systemic risk that can reach the highest levels of any organisation. For leaders in risk, compliance, and governance, …
Shopify’s fraud analysis does its job for merchants in the early stages of growth — a domestic customer base, moderate order volume and no dedicated fraud team in place. For these outfits, a system that flags orders as low, medium or high risk provides meaningful cover. The tooling deploys quickly, requires no additional infrastructure and …
Betting and gaming is the fastest-growing sector by nearly every commercial measure. Yet, according to SEON’s research, 57% of operators report that fraud losses are growing faster than revenue. The industry is winning and losing at the same time, and most operators are responding to the losses the same way they chase growth: by doing …
The Northern Cape Police are concerned over incidents of extortion involving police impersonators. Hence the public is urged to be vigilant and report any suspicious behaviour. Against this backdrop it is of utmost importance that the public understands the elements of extortion. Extortion is a criminal offence in which an individual unlawfully obtains money, property, …
Every time a corporate client opens a new account, compliance teams have had to re-verify who owns the company. Same business, same shareholders, same structure as last quarter — verified again anyway. For institutions processing millions of account openings a year, that adds up to an enormous amount of duplicated work with limited AML value. …
TLDR: Transaction-level rules are highly effective at stopping known fraud patterns, but they have a structural blind spot: they cannot catch novel, emergent coordination where every account looks legitimate by itself. Network Detection finds coordinated accounts proactively by continuously analyzing transaction data for shared signals, assigning strength categories, and surfacing suspicious groups automatically. This is …
Fraud teams are exceptionally good at measuring what they stop. They are, however, far less equipped to measure what they silently destroy — the space between the losses prevented and the revenue quietly eroded by the systems built to prevent them. That gap is the defining blind spot impacting fraud and risk functions in high-growth …
The European Anti-Fraud Office has supported a coordinated customs operation with Polish and Spanish customs that led to the seizure of several containers of textiles suspected of being diverted onto the EU grey market instead of being exported to Africa as declared. CLICK HERE to read this article and more on OLAF. What is OLAF? …