SEON

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 …

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 …

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 …

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 …

100 new users register in an hour. Same device. Different names. Each one claims a $10 welcome bonus and withdraws immediately. Your onboarding flow passed them all. Similar scenarios play out regularly across crypto on-ramps, digital banks and lending apps. The fraud scheme is simple. The problem is that most onboarding checks are built to …

Operators spend millions on engineering incentives to attract players, then act surprised when those same offers bring in fraud. Account takeovers (ATO), bonus abuse and loyalty fraud, the top three categories in the industry, account for 68% of betting and gaming losses according to SEON’s 2026 Fraud & AML Leaders Survey. The common thread between …

TLDR:  Every fraud and AML vendor claims unified data, but when an AI agent queries the platform, the token cost reveals the architecture underneath One API call to one data layer means AI spends its budget on analysis Multiple calls routed through an orchestration layer means it spends its budget on logistics The output looks …

TLDR: A skill is a saved set of instructions that tells your AI tool how to run a specific fraud workflow using the same methodology, with different inputs every time The fastest way to build one is the interview method: describe the workflow, let AI ask detailed questions and your answers become the skill instructions …

TLDR:  Your AI tool can query your fraud data — but it doesn’t know your role, thresholds or what normal looks like in your environment Every major AI tool has a settings area where you save persistent context about yourself; fill it in once and every future conversation starts calibrated to your operation Two things …

TLDR: You’re already using AI for fraud work — but pasting data into ChatGPT or Claude means working with fragments, not the full picture When your AI tool connects directly to your fraud platform via MCP, it queries your complete signal set in real time: transaction data, fraud scores, device intelligence and network connections That …

TLDR: Your fraud team is copying data into ChatGPT and Claude and losing critical context in the process. The problem isn’t so much the tool; it’s that your fraud intelligence isn’t directly accessible to any AI system your analysts want to use. The fix isn’t a proprietary AI wrapper from your vendor. It’s making your …

After a decade of buying “just one more tool,” fintech companies are confronting an uncomfortable truth: fragmented stacks, not fraudsters, may now be their most serious vulnerability. Years of layering specialist applications for Know Your Customer (KYC), Anti-Money Laundering (AML), fraud prevention and detection, case management and reporting have left many organizations running architectures that …

The Numbers Behind the New Era of Zero-Tolerance Enforcement $4.4T Global illicit finance 417% AML penalty increase $80M FINCEN record fine 39 EU banks under AMLA supervision If 2025 was the year of laying regulatory groundwork, 2026 is proving to be the year of aggressive, unyielding enforcement. For compliance leaders, the message from global regulators …

Most payment fraud detection strategies focus on merchants or cardholders who have a direct relationship to the transaction. Payment Service Providers (PSPs) operate as the critical infrastructure in the middle, processing volume for thousands of merchants simultaneously without owning the end-customer relationship. Global card fraud losses hit $33.41 billion in 2024, and the Nilson Report …

More teams are discovering that they are fighting the same underlying risk using three different vocabularies — and it is starting to cost them real money. Globally, banks and fintechs now spend an estimated $206 billion every year on financial crime compliance, and that’s not even counting other regulated industries like gambling. Yet fraud losses …

The UK government is about to pull a very real lever on every UK?licensed remote gambling operator: from 1 April 2026, the Remote Gaming Duty is moving from 21% to 40%.  This is a 100% increase in the tax rate on gross gaming yield — in other words, not a minor adjustment in a budget …