Case Studies

Top 5 Crypto Exchange Defeats Account, ACH, and Card Fraud

Read this success story about the cryptocurrency exchange that left behind ACH fraud, ATOs, fake accounts, and policy abuse to focus on its mission with serious results:

  • 92% of fraudulent account openings detected before the disbursement of promotions
  • Auto-action on over 83% of detected fraud cases
  • 42% detection accuracy improvement over existing in-house system

Complimentary Resource

This client implemented a multi-channel approach that allowed users to fund digital wallets with fiat money through various means, but malicious actors were exploiting these channels by committing ACH and credit card fraud. The client’s growth strategy also relied on an account creation incentive promotion plan, but some of these funds were being misappropriated through serial account registration. To retain its existing user base and maintain a high level of customer satisfaction, the client also decided to double down on its ATO protection measures. See how the client solved these challenges using machine learning and advanced analytics.
Success Story: Global Scale-Up Beats Account, ACH, and Card Fraud
About DataVisor

DataVisor is the world’s leading fraud and risk management platform that enables organizations to respond to fast-evolving fraud attacks and mitigate risks as they happen in real time. Its comprehensive solution suite combines patented machine learning technology with native device intelligence and a powerful decision engine to provide protection for the entire customer lifecycle across industries and use cases. DataVisor is recognized as an industry leader and has been adopted by many Fortune 500 companies across the globe.