Infographics

While a device intelligence can help detect basic fraud attempts, a dedicated fraudster can easily bypass it. Incognia’s solution goes beyond device intelligence alone and leverages location intelligence to block both basic and advanced attacks across the fraudster’s journey.

Incognia has conducted a study on the state of location spoofing in 24 leading dating apps around the world.

Incognia reviewed the authentication process for login, password reset and device change on twenty one leading cryptocurrency mobile apps.

Incognia reviewed the identity verification and authentication methods used in onboarding new customers on nineteen leading cryptocurrency mobile apps.

Incognia reviewed the authentication methods of twenty-seven major mobile financial applications and discovered a lot of friction and weak MFA.

The end goal of fraudsters on mobile is account takeover (ATO). For fintech apps, ATO can result in funds being transferred out of a user’s account. For mcommerce apps, ATO results in loss of funds from mobile wallets, gift cards and also chargebacks to the vendor.