FraudLabs Pro now supporting 8-digit IIN/BIN codes

KUALA LUMPUR, Malaysia - Sept. 11, 2023 - PRLog -- We are excited to announce that FraudLabs Pro, a leading fraud detection solution provider, is now supporting 8-digit Issuer Identification Number (IIN) and Bank Identification Number (BIN) codes. This means that our customers can now benefit from more accurate fraud detection and prevention for transactions originating from countries that use 8-digit IIN/BIN codes.

With this update, FraudLabs Pro is now able to detect and validate transactions with 8-digit IIN/BIN codes issued by financial institutions in countries such as United States, United Kingdom, Canada, India, Brazil, and South Korea, among others. This will significantly improve the accuracy of our fraud detection algorithm.

"We are constantly improving our fraud detection technology to stay ahead of fraudsters," said by the Chief Executive Officer of FraudLabs Pro. "With the support of 8-digit IIN/BIN codes, our customers can now enjoy even more accurate fraud detection and prevention, which will help them save time and money, and ultimately protect their business from fraud." You may test the 8 digit BIN codes lookup at https://www.fraudlabspro.com/credit-card-bin-or-iin-lookup.

In addition to the 8-digit IIN/BIN code support, FraudLabs Pro also offers a full suite of fraud detection solutions, including device fingerprinting, geolocation, email and credit card fraud detection, and more. Our solutions are trusted by thousands of merchants worldwide and have helped them save millions of dollars in fraudulent transactions.

FraudLabs Pro's comprehensive fraud detection solutions are designed to help merchants of all sizes and industries prevent fraud and protect their businesses. Our powerful and customizable fraud screening tools can be tailored to meet the unique needs of your business and provide real-time fraud analysis and detection. With FraudLabs Pro, you can reduce the risk of chargebacks, minimize losses due to fraud, and improve your overall transaction approval rate.

To learn more about FraudLabs Pro's fraud prevention solutions, please visit our website at www.fraudlabspro.com.