For too long, businesses have accepted fraud losses as a ‘cost of doing business’ which perpetuates the problem and provides the financial incentive for fraudsters worldwide. Rather than playing a constant game of cat-and-mouse with the bad guys, Arkose Labs gets to the root of the problem by removing the economic incentive for fraudsters to even attack in the first place. In the end they are compelled to give up their attacks and choose a different target.
Arkose Labs provides a more robust approach to stamping out payment fraud with a platform that combines risk-based decisioning and targeted friction. Real-time risk assessments inform a unique challenge-response mechanism, which uses incrementally complex puzzles to sap fraudsters’ resources and eliminate unauthorized payments.