Scamnetic

Fraud Solution Profile

Scamnetic is the only holistic scam protection provider in the market today.  Offering a unique combination of patent-pending technologies, our KnowScam solution includes features that are purpose-built for detecting and preventing scams, from inception to monetization.  And with a high degree of automation and support for integration with digital platforms, such as online and mobile banking, KnowScam is always there when needed.  Unlike competing solutions that focus on a single feature or channel of protection, Scamnetic recognized that scammers methods are diverse and that any solution must account for every avenue of attack.

As a B2B2C solution, KnowScam can be deployed in a number of ways thanks to available APIs and a modular architecture.  Clients that want to leverage Scamnetic’s existing apps can launch with KnowScam in a day without any integration.  But there are a variety of options for integrating KnowScam’s breadth of capabilities, including our message validation feature, Scan & Score, and our consumer-to-consumer identity proofing feature, IDeveryone.  This includes integrating Scan & Score into chatbots to enable class-leading scam detection as part of an easy-to-use, conversational interface.  And IDeveryone can be connected with enterprise fraud and scam detection solutions to increase effectiveness and reduce the operational costs associated with mitigating scam-related transaction risk by establishing the true identity of the receiving party in a way that traditional solutions, like confirmation of payee can‘t. Finally, our partners can take advantage of our Scam Intervention hotline to support customers with scam-related questions or issues – taking them out of the partner‘s call center while providing them with an expert-level of care when they need it most.

Whether the goal is to provide a deeply integrated, scam detection suite to better protect consumers and the institution, or to provide a powerful, differentiated benefit that can be used to generate non-interest fee income, KnowScam is a one-of-a-kind solution that is changing the game in scam protection.  Available today in the United States, Canada, and Australia.