SEON, the end-to-end fraud prevention and AML platform helping companies mitigate fraud and safeguard against revenue threats, announced the expansion of its executive leadership with the appointment of Björn Heckel as Chief Technology Officer. With more than 20 years of experience as a software engineering… Read More
Online fraud and financial crime prevention platform SEON has released its latest ‘Global Banking Fraud Index’, which analyzes “the cost of fraud to banks and other financial institutions around the world in 2023.” Notably, the new review by SEON highlights the following: The value of… Read More
Building from its acquisition of anti-money laundering (AML) specialist company, Complytron, SEON has announced the appointment of Matt DeLauro as the company’s new CRO. The hire, “which represents the culmination of a six-month process, forms part of the company’s plans to continue investing in its… Read More
Financial crime prevention professionals at SEON have released their latest ‘Global Cybercrime Report’, which highlights the varying dangers associated “with cyber threats around the world.” The insightful report “combines data from three major cybersecurity authorities; National Cyber Security Index, the Global Cybersecurity Index, and the… Read More
Following its recent analysis of online fraud trends in 2023, SEON has delved deeper into the specific risks “facing iGaming operators around the world.” Leveraging millions of data points from across its platform, the company has created a new report, which “highlights the persistent nature… Read More
International fraud prevention company SEON has announced the acquisition of compliance and anti-money laundering (AML) specialist firm, Complytron. The acquisition instantly adds AML capabilities “to SEON’s fraud fighting toolkit and signals a new focus on holistic FinCrime prevention for the growing business.” As a result… Read More
In the final run-up to the holidays, fraud prevention company SEON is warning all online businesses “to brace for one last surge in fraud attempts.” That’s because last year, during the week of 12th December, the company’s system “declined more than 100,000 transactions per day… Read More
Since its inception, SEON has been making effective online fraud prevention more accessible for “all businesses operating online.” Now, the company has “taken the next step in that mission by announcing a ‘forever free’ version of its online fraud prevention platform.” The free plan will… Read More
Account takeover fraud is an alarmingly common type of online crime, which can “affect businesses and individuals alike,” according to an update from SEON. This form of attack tends “to occur when a fraudster poses as an established, genuine client of a business, or as… Read More
We recently connected with Tamas Kadar, CEO and co-founder at SEON., which aims to harness the power of AI to protect your business from fraud, get a 360° view of customers, and increase conversion rates. Kadar talked about the latest issues involving e-commerce fraud. His… Read More
With its innovative tech, Provenir provides an AI-powered decisioning platform that can “assess risk in areas like identity, credit, and fraud.” The company prides itself on working with established partners, such as SEON who are able to “provide groundbreaking technology that can be incorporated within… Read More
Seon, a startup that’s focused on assisting Fintechs like Revolut with addressing online fraud, has secured $94 million in capital, in order to implement various tools for preventing sanctions evasion by Russia. The London-headquartered firm secured the funding via an investment round that was led… Read More
As is the case with any technology, when a new service becomes popular, it will also grab the attention of fraudsters. The latest process to get this treatment is the buy now pay later (BNPL) sector, a service recently adopted by Walmart and Target. With… Read More
Fraud prevention company SEON is partnering with GBG APAC, a digital identity services provider, to strengthen online fraud prevention for banks, Fintechs, and digital banks across the Asia Pacific region. SEON’s technology is fully integrated into the GBG Intelligence Centre and the alliance will combine… Read More
Fraud prevention firm SEON has hired Otto Toth, former CTO of digital news outlet The Huffington Post and SVP and chief mobile innovation officer at AOL. The news comes shortly after the company secured €10 million ($12 million) Series A investment and opened new regional… Read More
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