Client Challenge Following the 2014 U.S. embargo on Crimea, multinational companies faced the risk of violating sanctions due to resellers using sophisticated methods to hide their activities. Automated compliance systems often failed to detect these tactics, resulting in potential fines and reputational damage. The FiveBy Solution FiveBy, a risk intelligence firm, has utilized its human-driven …
In summer 2024, 24 Hour Fitness faced a serious threat: card testing fraud. Fraudsters used stolen card data to flood the system with rapid, low-value transactions. Between June and mid-August, 27.7% of all transactions were fraudulent. The situation peaked in early August, when the surge in fraudulent activity caused the bank acceptance rate to drop …
Leading multi-brand platform of subscription businesses has stopped nearly 100% of typical card-testing activities after 5 months of using Zuora Fraud Protection, powered by Microsoft Dynamics 365 and configured by FiveBy Solutions. View Case Study
Working with the risk intelligence group in a multinational tech corporation, FiveBy was able to identify red flags and methodologies used by local resellers to circumvent embargos, and provide guidance on how to prevent this in the future. View Case Study
Working with the Anti-Piracy Services team in a multinational software company, FiveBy led the analysis of fraudulent product key distribution and activation to reduce the use of non-genuine and fraudulent software. View Case Study
Contacted by an online gaming provider with concerns about fraudulent use of their platform, FiveBy delivered an immediate incident response including a full assessment of fraud against the business. View Case Study
