Nethone’s proprietary machine-learning powered solution incorporates behavioral data collection, hardware, software, network intelligence, as well as behavioral biometrics to allow platforms to make informed decisions and secure every point of the user journey, both on mobile or desktop. With a wide range of mobile-native attributes analyzed, the solution is accurate in identifying fraudulent activity within the growing number of transactions carried out on mobile devices. Based on Nethone’s current use cases, in a single integration this solution will:
- Allow platforms to operate in a safe environment by preventing over 95% of account takeovers (ATO), reducing fake accounts, fraud rates, chargebacks and unauthorized transactions;
- Support business growth by unlocking upsell potential, increasing conversion rates by 9%, and approval rates by 26%, as well as reducing false declines due to suspected fraud;
- Help build an operationally efficient and scalable platform by reducing manually-reviewed traffic by 60% through well-explained recommendations.
Enhancing MANGOPAY’s pay-in, payout authentication and seller onboarding capabilities with deeper Know Your User intelligence protects marketplaces from sophisticated fraud and abuse, while offering both their buyers and sellers a frictionless experience. MANGOPAY and Nethone’s collaboration already allows platforms to improve conversion rates thanks to the optimization of pay-in transaction scoring, better 3DS2 exemption management and ID check validation.