Collaborative, Real-Time Fraud Detection

FraudWave is a zero-knowledge fraud detection platform. We enable businesses to collaborate and identify fraudulent activity privately, without exchanging data.

Safe and Easy Collaboration

FraudWave works with pre-encrypted data making leaks impossible.

  • Encrypt your customer data
  • Join a collaboration stream
  • Work with others to amplify behavior
  • Respond to unusual activity

Fraud Detection

FraudWave combines time-series statistics with machine learning and signal processing to monitor customer transactions across multiple platforms.

  • Tell us how to treat your data

    Set rules for your customers and get alerted when customer risk-profile changes or unusual transactions are detected.

  • Collaborate with your peers

    Our team of data scientists are always working on understanding industry-specific fraud behaviors and how to express them.

  • Adjust to new patterns

    Train and re-train your alert rules with historical fraudulent activity. Stop repeat fraudsters in their tracks.

  • Track team activity

    Understand team performance and make KPI driven decision to increase effectiveness of your audit and forensic team.

FraudWave takes a risk-based approach to KYC.

We extract digital identities across multiple organizations and baseline risk by matching them against standard watchlists and previous history. Working with you, we continuously monitor transactions and match them against customer identities to identify risky behaviour. We then adjust risk distribute new information to all our customers.

Use-Cases

Examples of how FraudWave can help businesses to collaborate and to detect fraud.

  • Account Takeover

    Stop users from credential snuffing and brute force attacks to gain unauthorized access to customer accounts.
  • Insider Threats

    Track internal transactions to uncover anomalies and insider threats to your business.
  • Collusion

    Identify anomalies and fraud schemes between multi-party transactions
  • Gift Cards & Rewards

    Stop opportunists from taking advantage of program weakness and malicious actors from compromising entire member databases.
  • Marketing/Affiliate Fraud

    Gain better insights into true costs of customer acquisition by identifying high risk marketing channels.
  • Friendly Fraud

    Reduce your chargeback rates monitoring charge back activity for customers making purchases from your store.
  • Call Center Fraud

    Gain insight into call center activity to identify social engineering attempts.
  • Custom Use-Case

    We'll work with you to define a signal to detect a specific threat vector.
KYC / AML is a dynamic, always shifting issue which we can't rely on technology alone to solve.

To stay ahead of fraud, we need to work together.

ML / AI is only effective as a reactive tool. You can teach a machine to make predictions and detect outliers on a finite data set but, a machine cannot understand the virtually infinite complex interactions within the economy.

Fraudsters are often hiding in plain site within the distribution of the norm. They are well adapted to go unnoticed within a closed-loop system.

FraudWave breaks out of data silos without compromising the privacy ring-fence to catch the layering of transactions within the economy to better detect unusual activity for superior risk-based monitoring.

Proactive Compliance

At FraudWave we work hard to stay ahead of fraudsters. Our red-team is continuously simulating attacks trying to beat our algorithms. If they win, you win and we immediately adjust our signals.

Decentralized Privacy Middleware

Don't become a target. All data that leaves your networks is one-way encrypted and protected by a ring fence. If we can't see it neither can attackers. You can store your data with us or store it in your own data center.

Take a Seat

Streamline your audit processes by taking a seat in the referee's chair for a view of the action. We work with your partners, or you can work with ours to ensure your business is covered end-to-end.

FraudWave is for Everyone

Get started with the plan the works best for your business.

  • Startup

    $
    1500
    /month
    $
    /year
    • ✓
      1 stream
    • ✓
      Up to 1 million requests
    • ✓
      Batch Ingest
    • ✗
      Additional Signals
    • ✗
      Custom Configurations
    • ✗
      Custom Signals
    • ✗
      Red Team
    • ✗
      Premium Support
  • Business

    $
    2500
    /month
    $
    /year
    • ✓
      1 stream
    • ✓
      Up to 10 million requests
    • ✓
      Batch Ingest
    • ✓
      Additional Signals
    • ✗
      Custom Configurations
    • ✗
      Custom Signals
    • ✗
      Red Team
    • ✗
      Premium Support
  • Enterprise

    $
    Contact Us
    /month
    $
    /year
    • ✓
      ∞ streams
    • ✓
      ∞ requests
    • ✓
      Batch Ingest
    • ✓
      Additional Signals
    • ✓
      Custom Configurations
    • ✓
      Custom Signals
    • ✓
      Red Team
    • ✓
      Premium Support

Schedule a Demo

Send us a note and we'll be in touch soon!