Company
Date Published
Author
Carley Stugelmayer
Word count
1760
Language
English
Hacker News points
None

Summary

In 2023, fraud losses surpassed $10 billion, prompting businesses to prioritize device intelligence over static fraud checks like Know Your Customer (KYC) verification, which often fail to prevent post-verification fraud. Device intelligence platforms offer advanced fraud detection by layering behavioral and network signals on top of device fingerprinting, enabling real-time monitoring of suspicious activity without compromising user privacy. These platforms are particularly effective against sophisticated attacks involving emulators, VPNs, and automation frameworks, thereby reducing chargebacks and promo abuse. The article highlights several leading device intelligence solutions, including Fingerprint, SEON, and SHIELD, each catering to various industries such as fintech, e-commerce, and gaming, with unique strengths and pricing models. Businesses are advised to evaluate these platforms based on industry-specific features, integration complexity, and compliance with privacy regulations like GDPR, to enhance fraud defenses and achieve a quick return on investment.