We Solve Transaction Fraud
Before It Happens

FraudBlock™ detects & prevents fraud in real-time and at scale.

We Solve
Transaction Fraud
Before It Happens

FraudBlock™ detects & prevents fraud in real-time and at scale.

Payment Fraud is a
$30 Billion Business Problem

Payment fraud is a calculated attack by hackers going after the most vulnerable, and in many cases, seemingly sophisticated email security systems. Business Email Compromise (BEC) is a 3-step process of penetrating a person’s email environment, impersonating the target identity, and executing a fraudulent attack. Preventing such fraud can prove extremely difficult when multiple parties are involved, which is exactly what FraudBlock™ is designed to handle.

Impersonate

BEC (Business Email Compromise) attacks impersonate executives to trick the recipient into accepting false information to wire payments to hacker bank accounts.

Communicate

BEC emails are expertly crafted by hackers as a phishing scam, and are sent within a company’s email system, making it nearly impossible for recipients to differentiate in its authenticity.

Attack

Hackers then covertly attack from within a business, diverting payments to their accounts, accounting for half of cybercrime payment losses, according to the FBI.

Payment Fraud is a
$30 Billion Business Problem

Payment fraud is a calculated attack by hackers going after the most vulnerable, and in many cases, seemingly sophisticated email security systems. Business Email Compromise (BEC) is a 3-step process of penetrating a person’s email environment, impersonating the target identity, and executing a fraudulent attack. Preventing such fraud can prove extremely difficult when multiple parties are involved, which is exactly what FraudBlock™ is designed to handle.

Impersonate

BEC (Business Email Compromise) attacks impersonate executives to trick the recipient into accepting false information to wire payments to hacker bank accounts.

Communicate

BEC emails are expertly crafted by hackers as a phishing scam, and are sent within a company’s email system, making it nearly impossible for recipients to differentiate in its authenticity.

Attack

Hackers then covertly attack from within a business, diverting payments to their accounts, accounting for half of cybercrime payment losses, according to the FBI.

Fraud is on the Rise

Increasing attacks on business to divert payments is a primary source of hacker revenues. Most businesses who fall victim to payment fraud never saw it coming. Regardless of the millions spent annually on Fraud Awareness Training, human error remains the target weakness as hackers become smarter, and technology advances.

81%

In 2019, 81% of businesses were targets of attempted or actual payment fraud

74%

Businesses that reported fraud, indicated 74% originated from BEC scams

61%

Businesses with attempted or actual payment fraud were BEC scam victims

Fraud is on the Rise

Increasing attacks on business to divert payments is a primary source of hacker revenues. Most businesses who fall victim to payment fraud never saw it coming. Regardless of the millions spent annually on Fraud Awareness Training, human error remains the target weakness as hackers become smarter, and technology advances.

81%

In 2019, 81% of businesses were targets of attempted or actual payment fraud

74%

Businesses that reported fraud, indicated 74% originated from BEC scams

61%

Businesses with attempted or actual payment fraud were BEC scam victims

How We Solve the Problem

The risk of payment fraud is high when exchanging bank account information over email, messages, or phone calls. FraudBlock™ is designed and engineered to eliminate this vulnerability, mitigating this risk at any scale for small, medium, and enterprise businesses.

Neutralize Hackers

FraudBlock™ technology neutralizes hackers that target your exposure or likelihood of being socially engineered into making mistakes by closing the door to their entry altogether.

Mitigate Risk

Risks are measurably mitigated by FraudBlock™ on every transaction by operating within a safe, secure, and protected ecosystem in the sharing of account information on every transaction.

Avoid Losses

Trust, reputation, and financial losses are avoided when using FraudBlock™ by ensuring the parties and accounts being paid are legitimate and the verified recipients for every payment.

Smart Fraud Protection

FraudBlock™ verifies across hundreds of data points to validate party and account information, while placing you in a protected environment, free from hackers and fraudulent external attacks, where businesses can securely share account information to manage payment transactions, 24 hours a day, 7 days a week.

How We Solve the Problem

The risk of payment fraud is high when exchanging bank account information over email, messages, or phone calls. FraudBlock™ is designed and engineered to eliminate this vulnerability, mitigating this risk at any scale for small, medium, and enterprise businesses.

Neutralize Hackers

FraudBlock™ technology neutralizes hackers that target your exposure or likelihood of being socially engineered into making mistakes by closing the door to their entry altogether.

Mitigate Risk

Risks are measurably mitigated by FraudBlock™ on every transaction by operating within a safe, secure, and protected ecosystem in the sharing of account information on every transaction.

Avoid Losses

Trust, reputation, and financial losses are avoided when using FraudBlock™ by ensuring the parties and accounts being paid are legitimate and the verified recipients for every payment.

Smart Fraud Protection

FraudBlock™ verifies across hundreds of data points to valid party and account information, while placing you in a protected environment, free from hackers and fraudulent external attacks, where businesses can securely share account information to manage payment transactions, 24 hours a day, 7 days a week.

Prevent Fraud by Intelligent
Detection

  • Using artificial intelligence through machine learning, FraudBlock™ will root out, identify, and flag fake identities, accounts, and potential fraud.
  • FraudBlock™ Enterprise API services provide the highest accuracy possible in fraud detection and prevention before it happens.
  • Our usage channel and client partnerships span the USA, UK, and Europe, including Fortune 500 companies and mid-level enterprises.

Prevent Fraud by
Intelligent Detection

  • Using artificial intelligence through machine learning, FraudBlock™ will root out, identify, and flag fake identities, accounts, and potential fraud.

 

  • FraudBlock™ Enterprise API services provide the highest accuracy possible in fraud detection and prevention before it happens.

 

  • Our usage channel and client partnerships span the USA, UK, and Europe, including Fortune 500 companies and mid-level enterprises.

Millions in vendor payments safe
from hackers

FraudBlock™ eliminates the risk of fraud by removing vulnerabilities of email or open channels of
digital communication as a prime target of attack.

100+

Currently integrated vendors transacting safe payment processing

$100mm+

Over $100 million in fraud-free payments using FraudBlock™ technology

10,000

Scalable to processing fraud detection for over 10,000 payments per minute

Millions in vendor payments safe from hackers

FraudBlock™ eliminates the risk of fraud by removing vulnerabilities of email or open channels of digital communication as a prime target of attack.

100+

Currently integrated vendors transacting safe payment processing

$10mm+

Over $10 million in fraud-free payments using FraudBlock™ technology

10,000

Scalable to processing fraud detection for over 10,000 payments per minute

  • Secure Vendor Onboarding 
  • Secure Payment Transfers
  • Eliminate Email Compromise
  • Secure Vendor Onboarding 
  • Secure Payment Transfers
  • Eliminate Email Compromise
Our API Gives You the
Advantage
  • Accurate & Effective: specializes in providing the highest level of accuracy possible in fraud detection and prevention before it happens.
  • Scalable & Fast: cloud-native, 100% born
    and built in the cloud, with low latency performance.
  • Efficiency & Value: replace costly manual employee processes and procedures, reducing organizational risks, and protect customers.
Our API Gives You
the Advantage
  • Accurate & Effective: specializes in providing the highest level of accuracy possible in fraud detection and prevention before it happens.

 

  • Scalable & Fast: cloud-native, 100% born
    and built in the cloud, with low latency performance.

 

  • Efficiency & Value: replace costly manual employee processes and procedures, reducing organizational risks, and protect customers.