SEON. Fraud Fighters

Identity theft happens in many ways, but ultimately the goal is always the same: to use real people’s data for nefarious deeds.

In neobanking, fraudsters and criminals use stolen identities to:
• Open bank accounts under someone else’s name – typically committing a specific example of identity theft fraud known as synthetic identity fraud.
• Take out credit loans that they have no interest in repaying.
• Launder money without linking transactions to their real-life identities.

While flagging fake IDs is a key part of the KYC process, it becomes a lot more challenging when you’re dealing with a real person who doesn’t even know that their data has been stolen.

So what can you do to protect your neobank from fraudsters with stolen IDs? Check out our top 3 tips. ⬇️

Discover more here: bit.ly/3EHe3Ek

This month, our incredible team will be attending a number of events across Europe, and they’re ready to talk to you. 🌎

Link up with us to learn more about the future of and how we can help you maximize revenue and keep your business safe.
📍SBC Summit Barcelona - September 19-21, Barcelona, Spain
📍TES Affiliate Conferences - September 18-21, Prague, Czech Republic
📍Anti-Financial Crime Summit - September 18-19, Frankfurt, Germany

Feel free to reach out if you are attending any of the above. And remember, there are more details on the upcoming events on our website:
📆 https://seon.io/resources/events/

Hopefully see some of you there! 👀

AML-azing news: Introducing all the new and improved functionalities we recently added to SEON’s AML tool! 🚀

🔗 Check them out here: https://bit.ly/45Adqs7

Advanced customization, increased coverage and accuracy, and some burden off your hardworking KYC & MLRO officers’ shoulders.

Enjoy! 🤝