Software Alternatives & Reviews

Fraud prevention platform Seon raises a $12M Series A round led by Creandum

SEON Emailage iovation ThreatMetrix
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    SEON Sense Platform is a modular and AI-powered fraud detection software that deliver clear results with an automated, machine-driven workflow.
    Seon, which lets online businesses fight online fraud like fake accounts has raised a $12 million Series A round led by Creandum, with participation from PortfoLion, part of OTP Bank. The funding appears to be one of Hungary’s larger series A rounds to date. Seon is a fraud-detection startup that establishes a customers’ ‘digital footprint’ in order to weed out false accounts and thus prevent fraudulent transactions. Clients include Patreon, AirFrance, Rivalry and Ladbrokes Launched in 2017, the company claims to bave been profitable since the end of 2019, after experiencing growth through working with neobanks, esports, gaming, Forex, and crypto trading throughout the rapid digitization brought on by the pandemic.

    #Security & Privacy #eCommerce #Documents

  2. Financial fraud detection & email risk scoring
    SEON are seen as competing with Emailage, Iovation, Threatmetrix. However, SEON’s thesis is that social media is a great proxy of a legitimate user vs bot/fake fraudster, so it looks heavily at social accounts to weed out fraudsters.

    #Fraud Prevention #eCommerce #Digital Trust

  3. iovation offers device-based solutions for fraud prevention and authentication.
    SEON are seen as competing with Emailage, Iovation, Threatmetrix. However, SEON’s thesis is that social media is a great proxy of a legitimate user vs bot/fake fraudster, so it looks heavily at social accounts to weed out fraudsters.

    #Fraud Prevention #Fraud Detection And Prevention #eCommerce

  4. NOTE: ThreatMetrix has been discontinued.
    ThreatMetrix is a cloud solution for authenticating digital personas and transactions.
    SEON are seen as competing with Emailage, Iovation, Threatmetrix. However, SEON’s thesis is that social media is a great proxy of a legitimate user vs bot/fake fraudster, so it looks heavily at social accounts to weed out fraudsters.

    #Digital Trust #Fraud Prevention #Identity And Access Management

Discuss: Fraud prevention platform Seon raises a $12M Series A round led by Creandum

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