SEON

SEON is expanding across multiple dimensions of identity risk, leaving AI-generated fraud nowhere to hide. Creating a fake identity from scratch used to take a lot of work. A fraudster had to register the accounts, build up the history, complete each step of the workflow personally and do it slowly enough to avoid tripping a …

A fraudster can generate a convincing profile, buy a working phone number, script a browser and route traffic through a different country. Each fragment appears to be a plausible component of a legitimate account on its own. However, making every fragment contribute to a coherent identity is the harder part. Real contact details need history. …

The fraud prevention industry is trapped in a signal-count arms race. One vendor says it has a thousand signals. Another says 10,000 data points. The implied message is simple: the biggest number must produce the best decision. It does not. A signal count tells you almost nothing until you know what the vendor is including …

When police in Minnesota subpoenaed Binance last year, after a father lost $1.5 million to a romance investment scam, the exchange included two account files. One belonged to a woman with a home address in a small Chinese village; paperwork showed she had moved around $7 million through the account in a few months. The …

On May 19, the White House directed the Treasury and the federal banking agencies to more closely scrutinize which customers banks onboard and how money moves through their accounts. On August 27, the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corp. (FDIC) told examiners to stop elevating most process …

In 2024, payment service users absorbed approximately 85% of credit-transfer fraud losses in the European Economic Area. The figure reflects a persistent challenge in authorized-payment scams: customers can be manipulated into initiating a transfer even when the payment is technically authenticated. That allocation of loss is now changing. The political agreement on the Payment Services …

Every major fraud wave in recorded economic history has followed the same pattern: economic stress creates pressure, new infrastructure creates opportunity and a novel tool lowers the barrier to entry. The railroad bond scams of the 19th century exploited westward expansion fever and telegraph-enabled information asymmetry. Post-2008 mortgage fraud grew from a housing market engineered …

The Australian Transaction Reports and Analysis Centre (AUSTRAC) runs a risk-based Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) regime, which puts the burden on each reporting entity to decide what its own risks are. That is why compliance officers at Australian iGaming and fintech firms keep hitting the same wall: they want a list of transactions …

A device farm is a collection of physical or emulated devices used to create fake accounts at scale. An emulator ring achieves the same result in software, simulating many clean phones or browsers on one host with no hardware at all. Professional rings do not rely on one phone and a list of stolen identities; …

Players weren’t the only ones making bets during the 2026 World Cup. Betting and gaming operators and platforms across the globe eased registration controls to compete for customers, and many expected fraud to follow the loyalty and bonus offers, but the data show that a different, more unexpected trend played out.  While registration dashboards reported …

Most fraud programs were assembled, not designed. One point solution at a time, each added when a new problem became impossible to ignore. The best onboarding tool, the best transaction monitoring solution, the best AML screener, each chosen deliberately, and every choice defensible on its own. But the stack that made sense at Series A …

A product manager, an engineer and a designer walk into a launch review. A new payment rail is scheduled to ship in three weeks, and nobody at the table works in fraud. The punchline lands a quarter later, as a loss. Every fintech product launch creates revenue and risk in the same motion. Revenue gets …

The Office of the Comptroller of the Currency (OCC) denied a national trust bank charter on July 21 and for bunq, another full-service national bank charter on August 4. In a bulletin issued June 17, the OCC said it “plans to make all denial decisions public” so that industry can see “how the OCC has …

Every eCommerce merchant closely tracks its chargeback ratio, and for good reason. Card networks set the thresholds; acquirers enforce them and breach programs, like Visa’s Dispute Monitoring Program, bring fines, monitoring and mandatory remediation plans. The signals are clear, the consequences tangible and the reporting precise enough to act on. But that precision comes with …

Generous return policies have earned their place as a reliable growth lever. They reduce purchase hesitation, lift conversion rates and build loyalty that compounds over a customer’s lifetime. Whether the sale happens at a store counter, on a website or through a third-party marketplace, finance teams understand those outcomes well enough to model them directly …

For most of the last decade, eCommerce fraud teams have had a reliable tell. Humans behave like humans at checkout. You see it in mouse movement, typing cadence, the order in which someone fills out a shipping form and how long they linger before adding to the cart. Behavioral analytics built on those patterns catches …

Fraud follows growth. Every new campaign, market and bonus program expands the surface it feeds on, and when the losses start eating into margins, the first instinct is to do two things at once: launch more campaigns to address the losses and hire more analysts to handle the larger workload. That instinct feeds the problem. …

Licensed payment service providers in the Philippines are discovering that having a fraud management system is no longer optional: it is a condition of continued operation. The Bangko Sentral ng Pilipinas has made this explicit through Circular 1160 and its successor frameworks, including the Anti-Financial Account Scamming Act, and it is now examining institutions against …

Getting a MAS license is not the finish line. For payment service providers (PSPs) and licensed fund managers in Singapore, it is the point at which the compliance obligations become more specific, more testable and more actively examined by the Monetary Authority of Singapore. The Payment Services Act sets out the requirements for licensed PSPs. …

Fintech payment service providers in Indonesia operate under a licensing framework that becomes significantly stricter the moment they seek to expand their payment scope. Bank Indonesia issues PJP licenses across three categories, and moving from category 3 to category 2 triggers mandatory fraud management system, eKYC and AML requirements that must be evidenced, not simply …