reCAPTCHA Alternative: Why 10 companies switched from reCAPTCHA to Arkose Labs to win against bots.USE CASES
Long-term protection against persistent bots and abuse, without compromising good user experience.WHY ARKOSE LABSSERVICES & SUPPORTPRODUCTSWHY ARKOSE LABSSERVICE & SUPPORT
Arkose MatchKey: Challenges that provide the best of defensibility, usability, and accessibility in one product
Micro-deposit fraud is an attack strategy that is increasingly affecting financial services and fintech companies. Fraudsters take advantage of micro-deposits issued by online banks, fintechs, and payment companies in the process of account verification. Attackers will create fake accounts at scale to steal the mini deposits (under $1 and as low as $0.02).
While each transfer only costs a few cents, micro-deposit fraud adds up over time causing a plethora of downstream problems such as operational costs dealing with these attacks, increased ACH fees and KYC costs, as well as potential reputational damage. If a customer is a victim of a micro-deposit scam, financial services companies may appear untrustworthy and risk damaging customer relationships.
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