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When a top delivery services company that processes over 6 billion packages annually succumbs to mass registration attacks, it’s a complex problem that demands an advanced solution. Fortunately, using dVector from DataVisor, the company was able to expose damaging shipping fraud and uncover fake accounts at the point of registration—before further damage occurred. The result? A 60% detection lift and savings of more than $4 million.
DataVisor is the leading fraud and risk management platform powered by transformational AI technology. Using proprietary machine learning algorithms, DataVisor restores trust in digital commerce by enabling organizations to proactively detect and act on fast-evolving fraud patterns, and prevent future attacks before they happen. Combining advanced analytics and an intelligence network of more than 4B global user accounts, DataVisor protects against financial losses and reputational damage across a variety of industries, including financial services, insurance, marketplaces, ecommerce, and internet platforms.