Fraud Ratings & Insights

As customer journeys change, adopting new technologies for embedded digital applications. But this also opens the door for new opportunities for fraud to emerge. ​ ​ Detect and stop applications from devices that have previously made fraudulent applications. Device KYC checks can reduce multiple device applications. ​ ​ ​

Add another layer to your anti-fraud defence

KYCD FRAUD CHECKS​ Know-your-customers-device

Increasingly, lenders are facing organised fraud attempts from users creating multiple applications with fraudulent credentials.

KYCD Fraud Checks use advanced technology to identify patterns and anomalies. We employ techniques such as device fingerprinting, which analyzes unique characteristics of the device accessing the credit application platform. Additionally, we utilize machine learning algorithms to detect suspicious behaviours.

BEHAVIOURAL FRAUD INDICATORS ​

We look at character/behavioural data through interactions in our assessment and/or any online end-to-end user journey to identify key fraudulent indicators. ​ We flag unusual patterns of completing assessments and generate a confidence score, providing another layer of risk protection.​

80% reduction in fraud loss

Begini worked with a micro lender being targeted by organised fraud at the application stage, we were able to build a custom fraud model which reduced their fraud losses by ~80%.​

Who is using modern fraud ratings & insights

Financial Institutions

DIGITAL & MICRO LENERS

BNPL & ASSET FINANCING

UTILITY PROVIDERS

MOBILE WALLET & MOBILE NETWORK OPERATORS

INSURERS

What types of data can be used for fraud ratings & insights?

Psychometric Character Assessment

First-party data through simple yet thorough gamified assessments that are targeted to character traits which are associated with creditworthiness.​

DEVICE Data

Privacy-consented metadata from the users device (iOS or Android) that can be used to predict risk.

Want to know more?

If you have a question about the potential of alternative data, or you'd like to see our platform in action, drop us a line?