Scrub provides an AI-powered fraud detection engine that uses machine learning and real-time risk scoring to protect businesses from financial crime. The platform analyzes transaction and user behavior instantly to flag suspicious activity like account takeovers and payment fraud. It offers customizable security rules and device fingerprinting to mitigate chargebacks for financial institutions and e-commerce platforms.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses face significant financial losses and reputational damage due to evolving fraud tactics like account takeovers, payment fraud, and identity theft. Traditional fraud detection methods often struggle to keep pace with these sophisticated threats, leading to increased chargebacks and compromised customer trust.
Solution
Scrub.io provides an AI-powered fraud detection engine that leverages machine learning and real-time risk scoring to proactively prevent fraudulent activities. The platform continuously analyzes transaction and user behavior, employing device fingerprinting and behavioral analysis to identify suspicious patterns. This enables businesses to receive instant, accurate risk assessments and implement tailored fraud prevention strategies. Scrub.io integrates seamlessly with existing financial platforms, offering customizable security rules to adapt to specific business needs and risk appetites.
Target Audience
Scrub.io serves financial institutions, payment processors, fintech companies, neo-banks, traditional banks, and e-commerce platforms that process online transactions and require robust fraud mitigation.
Features
- AI-driven risk detection engine utilizing advanced machine learning models trained on country-specific fraud patterns.
- Real-time transaction analysis and risk scoring, with processing times under 200ms.
- Device fingerprinting and behavioral analytics to track user activity, IP addresses, and device identifiers for pattern recognition.
- Customizable security rules and fraud thresholds for tailored risk management.
- Blocklist and whitelist functionality for managing high-risk and trusted entities.
- Real-time alerts and detailed risk insights for flagged transactions, enabling automated blocking, review, or approval workflows.
- Seamless API integration with top financial platforms and EHR systems.
- Fraud analytics and reporting dashboard providing insights into fraud patterns and trends.