FraudLabs Pro Introduces New Validation Exception Feature

SARASOTA, Fla. - Feb. 28, 2024 - PRLog -- FraudLabs Pro, a leading provider of fraud prevention solutions, is thrilled to announce the launch of its new validation exception feature tailored for Residential Proxies (RES), Customer Privacy Networks (CPN), and Enterprise Private Networks (EPN). This new feature demonstrates FraudLabs Pro's dedication to staying ahead in the battle against fraudulent activities.

The Validation Exception for RES, CPN, and EPN allows merchants to exclude fraud validation procedures for transactions involving users who utilize Residential Proxies, Customer Privacy Networks, or Enterprise Private Networks, provided that merchants believe these users are genuine. In response to the growing complexity of fraud tactics involving RES, CPN, and EPN, FraudLabs Pro equips businesses with a robust tool to differentiate between genuine and questionable transactions with greater accuracy.

New Validation Exception:

Residential Proxies(RES) are IP addresses assigned to residential users, used for privacy and bypassing restrictions. However, they are frequently exploited by fraudsters, posing challenges in fraud detection due to the difficulty in differentiating between the legitimate and malicious users.

Customer Privacy Networks(CPN) enhance user privacy by encrypting internet traffic and concealing IP addresses. While they can be misused for fraud, their impact on fraud validation is usually lesser than residential proxies due to legitimate users' increasing use.

Enterprise Private Networks(EPN) are internal networks for employee use, enabling secure communication and access to company resources. They have lower fraud risk compared to residential proxies and customer privacy networks due to controlled access and employee accountability.

FraudLabs Pro identifies Residential Proxies, Customer Privacy Networks, and Enterprise Private Networks as potential fraud indicators. While their use may increase fraud scores, exceptions can be set in the merchant area settings for legitimate reasons such as privacy and security. This feature is available to FraudLabs Pro users on the Medium plan or higher. Learn more at https://www.fraudlabspro.com/pricing#prlog.

Discover the fraud validation processes and how they can assist you in reducing chargebacks and fraud losses for free at https://www.fraudlabspro.com/checkout-micro#prlog