Published onÂ
December 4, 2024
Introducing Device Fingerprinting (Beta) to Enable Businesses Outsmart Fraudsters
In this story
Accelerate AML Compliance: Meet Regulatory Demands with 80% Less Setup Time
Riyadh, Dec-4, 2024 – In today’s rapidly evolving digital landscape, fraud tactics are becoming more sophisticated, requiring businesses to adopt cutting-edge technology to stay ahead. Today, Mozn’s FOCAL team is excited to me announce the Beta launch of our Device Fingerprinting product.  Device Fingerprinting creates unique, tamper-proof device IDs by analyzing a wide range of device attributes. This technology enables businesses to detect and prevent fraud in real time, ensuring a secure yet seamless experience for legitimate users.  FOCAL delivers unmatched accuracy in fraud detection while ensuring legitimate users are not impacted.
FOCAL excels by linking every device to a distinct identifier, allowing businesses to track and monitor devices across their platform. This makes it highly effective against fraud tactics and suspicious activities like account takeovers, device emulation, multi-account abuse, bonus abuse detection and more—delivering real-time fraud detection to enable businesses prevent fraud and improve customer trust.
“At FOCAL, we understand that every interaction matters, and preventing fraud without disrupting legitimate users is a top priority. With the combination of device risk and device fingerprinting capabilities, we provide our customers with a robust, scalable solution that grows alongside their business needs."
– Omar Hassib, VP of Product, Mozn
Comply quickly with local/global regulations with 80% less setup time
FOCAL Device Fingerprinting – Key Features
1. Real-Time Fraud Detection
FOCAL continuously monitors device behavior, detecting anomalies like GPS spoofing, device emulation, or unusual interaction patterns to catch fraudsters in real-time without impacting the user experience.
2. Multi-Layer Device Profiling
Multi-Layer Device Profiling: FOCAL leverages deep Device Fingerprinting by analyzing both hardware and software configurations, ensuring a comprehensive profile for every device. This helps in accurately identifying and tracking users associated with specific devices.
3. Anomaly Pattern Detection
Identify unusual patterns in device usage, such as sudden changes in device behavior, multiple accounts linked to a single device, or inconsistent geolocations in real time and proactively prevent potential fraud attempts.
4. Block Repeat Fraudulent Devices
Effortlessly flag and permanently block devices tied to recurring fraudulent activity. Once identified, these devices are securely blacklisted, ensuring they can’t be reused for repeat offenses
5. Advanced Fraud Network Detection
FOCAL's Device Fingerprinting product includes sophisticated clustering capabilities to uncover hidden fraud rings by linking devices and accounts, even those trying to bypass traditional fraud prevention measures
FOCAL’s unique combination of AI-powered device fingerprinting and real-time fraud detection ensures a fraud prevention solution that not only meets the needs of today’s digital economy but anticipates tomorrow’s threats. Unlike competitors, FOCAL’s solution delivers an industry-leading 99% accuracy with integration within less than an hour and 3 app development languages supported.
Learn more about FOCAL Device Fingerprint
About Us:
FOCAL by Mozn is a leader in AI-powered fraud prevention and AML compliance solutions, helping businesses and governments tackle rising regulatory challenges and combat ever-evolving fraud. With the global crackdown on financial crime and an increased focus on AML/CFT regulations, FOCAL addresses a critical need for real-time, AI-driven compliance and fraud prevention solutions, particularly in the fast-changing financial services landscape.
FOCAL leverages AI to streamline key fraud prevention and AML compliance processes without compromising the customer experience, significantly reducing manual intervention and cutting fraud prevention and compliance costs for businesses and governments. FOCAL's offerings include fraud prevention, AML compliance, customer due diligence, database verification, and financial insights.
Streamline Compliance: Achieve 80% Faster Setup for Fraud Prevention
How Aseel reduced onboarding time by more than 87% using FOCAL
Learn how FOCAL empowered Aseel to achieve new milestones.
Mastering Fraud Prevention: A Comprehensive Guide for KSA and MENA Businesses
51% of organizations fell victim to fraud in the last two years, don't be caught off guard, act proactively.
Comments
Leave a Reply
Comment policy: We love comments and appreciate the time that readers spend to share ideas and give feedback. However, all comments are manually moderated and those deemed to be spam or solely promotional will be deleted.