SHARING ECONOMY

Arkose Labs Solution for the Sharing Economy

It’s critical for sharing economy platforms to root out fraud without placing too big a burden on good users. It’s the usability and seamless experience of these services that makes them so appealing. That experience cannot be lost in the process of fighting fraud.

Arkose Labs’ solution is one that's tough on bots and human fraudsters, but easy on good users. We take a zero-trust approach to all traffic; since data has been corrupted at scale, digital identities cannot be reliably trusted. Our platform protects all user interactions on P2P websites and apps using a combination of risk profiling and enforcement challenges.

Using a variety of digital “telltales” analyzed in real-time, the platform can accurately define between bot traffic, malicious humans and good users. This data is also supplemented with intelligence from across our vast network, meaning that fraudulent activity already spotted elsewhere will be automatically flagged before it attacks your website. Suspicious traffic is faced with a step-up authentication challenge that is near-impossible for bots to solve, and that saps the time and resources of fraudsters. Good users will rarely see it, and if they do the challenge can be solved in less than 3 seconds.

Arkose Labs further prides itself on a high level of client service. The engagement does not end after implementation. Rather it is an ongoing partnership, with a dedicated managed services team ready to help clients analyze and problem-solve any concerns that may arise and provide answers quickly.

Conclusion

Trust is the key component that makes the sharing economy financially viable; users have an implicit trust that the platforms they are using have thoroughly vetted everyone on it. Arkose Labs protects users in the digital world from all forms of online abuse, enabling you to provide a trusted platform to facilitate P2P transactions.

With precise, data-driven analysis to segment traffic, good users pass through and don’t have to deal with any disruption to the seamless experience they have come to know when using digital P2P platforms. At the same time, the appropriate step-up challenges are delivered to bots or malicious human traffic, with the ultimate intent of making it economically unwise for fraudsters to attack the site. This approach stops fraud both at the point of attacks, as well as further downstream.