Trustev

regtechauthentication and fraud prevention

STATUS: Acquired/Merged
FOUNDING YEAR: 2013
LOCATION: Ireland
Last Update: 19/02/2021

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About

Trustev is a new approach to stopping fraud online, while letting through good customers. It analyzes thousands of datapoints in real time to make an instant decision on each transaction: is it real or fraudulent? With enterprise customers in ecommerce, financial services, virtual goods and other industries, Trustev is the most effective way to analyze online sales, signups and logins, without the high costs of manual review -- and with much greater accuracy. The system is the first "hybrid" approach which combines machine learning with a decision matrix, for the most accurate possible decisions. The analysis includes: --- Behavior --- How did a customer behave on the website? Was it like a "normal" customer or not? --- Device --- Every customer on a site is analyzed across whole visit, not just at checkout. --- IP --- Deep analysis of network, proxy, geo-location. --- Email -- Syntax, ping, known fraud. --- Phone --- Cross-reference phone account number, tenure, network --- History --- Full customer history integration and analysis --- Social --- Does this look like a real person, or not? --- Machine learning --- 1000s of datapoints fed into a feedback loop, to improve continuously over time Trustev is simple to integrate, and produces an ROI in a matter of days, with dramatically lower fraud rates and increased sales. The company has won multiple awards for innovative technology, including SXSW in both 2015 and 2014, Europe's Top Technology Start-up by the European Commission and one of the Top 10 global technology start-up companies by Forbes magazine. In April 2014, Trustev took top prize at SXSW, the worlds largest technology festival.

MEDICI Analysis

Trustev was acquired by TransUnion on December 10, 2015, provides online fraud prevention solutions that scan transactions in real time to determine whether they are real or not.

Focus

PRODUCTS & SERVICES

Real-time online identity verification.

MAIN CLIENTS

Consumers

company provided insights
Web Traffic

Web Traffic

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Innovation Programs

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