SEON
By SEON Technologies Ltd
The typical implementation process of SEON:
Discuss business needs and specific fraud challenges with SEON experts.
SEON provides a sandbox environment where businesses can test the platform's capabilities with their data and workflows.
Implementation is fast. It took one company, one phone cal,l and a sandbox test on Monda,y and it was done by the end of the week
SEON can be customized to fit specific business needs:
Codeless Rule Builder: SEON offers a codeless rule builder, which allows businesses to formulate custom fraud prevention rules without requiring coding knowledge. This enables tailored fraud detection strategies based on unique business requirements.
Machine Learning Suggested Rules: The platform deploys machine learning algorithms to suggest new risk rules. These suggestions can be approved to enhance the custom ruleset, adapting fraud prevention measures to evolving threats.
Comprehensive Fraud Prevention Tailored for Every Industry: SEON provides industry-specific solutions for financial services, iGaming, fintech, retail, and payments, demonstrating its ability to address the unique fraud challenges in each sector.
Integration: SEON offers integration, streamlining collaboration and enhancing efficiency across operations by integrating fraud detection, risk management, and compliance monitoring.
Real-Time User Activity Monitoring: Analyzes millions of transaction patterns in real time using AI, allowing businesses to spot and deter risk and fraud early.
API customization: SEON operates on a pay-per-API call basis. This hints that you may customize your level of usage of their API to suit your particular business requirements.
SEON implements a set of security measures to protect customer data and maintain system integrity. Key practices include:
Data Encryption: SEON employs encryption technologies to safeguard customer data both at rest and in transit, ensuring that sensitive information remains protected from unauthorized access.
Access Controls: Access to personal data is strictly regulated based on employees' roles and responsibilities. Only essential personnel have access, with policies and technical measures in place to minimize exposure. ,access to the production database is limited to the Chief Technology Officer, utilizing dedicated, whitelisted VPNs and encrypted keys with unalterable audit trails.
Continuous Monitoring and Audits: Dedicated compliance and security teams conduct ongoing internal and external audits to identify and address potential risks. Regular consultancy meetings ensure that any identified gaps are promptly addressed, maintaining robust security compliance.
Data Erasure and Retention: SEON's data erasure processes and retention periods align with commitments outlined in their Data Processing Agreement. Customers can delete their data through the Erase API endpoint or via the Admin Panel UI, providing control over their information.
Product Security: Various security controls are implemented to maintain system and data safety, including formal processes for granting and revoking access to personal data, ensuring that only authorized individuals can access sensitive information.
SEON offers flexible subscription plans that allow organizations to scale their fraud prevention capabilities in alignment with evolving business needs. The available plans include:
1. Free Plan:
Features: 500 manual queries per month at a rate of 2 queries per second (QPS), with the ability to set up 10 custom rules.
Ideal for: Small businesses or startups seeking basic fraud prevention tools without immediate financial commitment.
2. Starter Plan:
Pricing: $699 per month.
Features: Includes 1,000 API calls per month, supports up to 10 user accounts, and allows for 50 custom rules.
Scalability: Designed for growing businesses requiring enhanced fraud detection capabilities.
3. Premium Plan:
Pricing: Custom pricing based on specific organizational requirements.
Features: Offers unlimited API calls, user accounts, and custom rules, with API rate limits that can scale to handle hundreds of queries per second.
SEON software adheres to several key compliance standards, ensuring robust data protection and security for its clients. The primary standards include:
General Data Protection Regulation (GDPR): SEON complies with the GDPR, a comprehensive data protection regulation enacted by the European Union to safeguard personal data and privacy. This compliance demonstrates SEON's commitment to handling personal data responsibly and transparently.
UK GDPR: In addition to the EU GDPR, SEON adheres to the UK GDPR, ensuring that data protection measures meet the specific requirements of the United Kingdom.
Payment Card Industry Data Security Standard (PCI-DSS): SEON is PCI-DSS compliant, adhering to the security standards designed to protect card information during and after financial transactions.
ISO/IEC 27001 Certification: SEON has achieved ISO/IEC 27001 certification, an internationally recognized standard for information security management systems (ISMS). This certification signifies that SEON has implemented a systematic approach to managing sensitive company and customer information, ensuring its confidentiality, integrity, and availability.
