As a part of its continued efforts to democratize the battle in opposition to on-line fraud for companies of all sizes, SEON has formally launched a ‘eternally free’ model of its industry-leading fraud prevention platform accessible to any on-line enterprise.
Since its inception, SEON has been making efficient on-line fraud prevention extra accessible for all companies working on-line. Now, the corporate has taken the subsequent step in that mission by asserting a ‘eternally free’ model of its on-line fraud prevention platform. The free plan will assist SEON to help companies throughout numerous verticals, together with iGaming, funds, BNPL, on-line lending, in addition to crypto exchanges, and marks a big development within the firm’s dedication to constructing a fraud-free world.
Merely put, SEON will not be a typical fraud prevention firm. The enterprise operates on a product-led progress (PLG) technique, which is a primary throughout the broader on-line fraud prevention area. What’s extra, by providing its answer by means of a software-as-a-service (SaaS) mannequin, SEON supplies a platform that’s completely aligned with trendy shopping for behaviours and extremely accessible to companies of all sizes. Now, by launching the free model of its answer, the corporate has gone additional than ever earlier than in opening entry to a number one fraud prevention answer.
The thrilling announcement might be formally made as a part of SEON’s CEO and co-founder, Tamas Kadar’s Keynote Speech stay on the Internet Summit convention in Lisbon, between 1st to 4th November. The enterprise has chosen to make the announcement on the convention to make sure the information reaches as many on-line innovators and start-up companies as attainable.
The free plan will help as much as 2000 API calls every month at a fee of two queries per second (QPS). As such, the free model is a perfect answer for any small enterprise that wants instant and efficient fraud prevention. The free model additionally contains e mail help from the corporate’s top-class buyer success group. This main group is made up solely of ex-fraud managers with the knowledgeable {industry} data to help companies as they deal with fraud head-on.
As at all times, all new SEON customers can entry the complete energy of the corporate’s fraud detection answer on a 14-day free trial. Nonetheless, on the finish of this trial, customers will now be mechanically moved onto a ‘eternally free’ plan. Alongside this, SEON continues to supply its industry-leading Professional plan, which helps companies that have to course of volumes of transactions or knowledge at velocity. The Professional service is tailor-made to serve bulk API calls in real-time responses at 10 QPS, and even sooner.
Talking on the launch, Tamas Kadar CEO and Co-Founding father of SEON commented: “We’re decided to deal with fraud head on. To do that successfully, we want everybody to have entry to adequate instruments and training, and we now have due to this fact chosen to launch a ‘eternally free’ model of our platform. This model will assist us to serve a higher variety of on-line companies than ever earlier than, and it’s a main step in the direction of constructing a very fraud free world.
“Analysis exhibits that on-line fraud rises in moments of financial strife. Subsequently, as we brace for a downturn, the instruments we use to cease on-line fraud have to grow to be extra sturdy. Sadly, for too lengthy, this degree of safety has solely been obtainable at a really excessive value level. That’s why for years, we’ve strived to make our service as accessible as attainable. By means of our ‘eternally free’ possibility we’re in a position to go even additional in that effort.”
“As an organization, we make it robust for fraudsters by intelligently combining real-time social alerts, cellphone, e mail, and IP lookup particulars with system intelligence and machine studying to uncover fraud patterns and uncover income alternatives. We allow fraud prevention groups to go additional with entry to insightful, real-time knowledge from one supply.”
SEON’s newest announcement comes off the again of a busy interval for the corporate. In the previous couple of weeks, SEON has introduced a number of vital updates to its system, together with the continual enchancment to the accuracy of its IP, BIN, e mail, cellphone, and platform checks. Fuelled by these updates, the corporate’s revolutionary platform continues to attain distinctive outcomes for its customers.
This efficiency has been highlighted in a number of latest tasks, together with an thrilling partnership with chargeback administration service, Chargeflow. Prior to now couple of months, SEON has additionally achieved excellent outcomes by means of its partnerships with revolutionary SaaS anti-money laundering firm, Lucinity and AI-powered decisioning platform, Provenir. As well as, SEON continues to function because the go-to fraud prevention answer of selection for corporations like Revolut, NuBank, Afterpay, Patreon, Sorare and mollie.