FraudLabs Pro Unveils New IP & Ship Location Anomaly Detection Features to Enhance Fraud Prevention

By: FraudLabs Pro
 
SARASOTA, Fla. - Sept. 4, 2024 - PRLog -- FraudLabs Pro, a leading provider of fraud detection and prevention solutions, is proud to introduce the IP and Ship Location Anomaly Detection. These advanced features are designed to automatically detect unusual IP or shipping locations for orders based on historical sales records, providing merchants with powerful new capabilities to prevent fraud in real-time.

The IP Location Anomaly Detection checks if an order's IP location matches normal patterns from past sales, while the Ship Location Anomaly Detection verifies if a shipping address aligns with previous records. Both features utilize data from the past two weeks to train the system, ensuring that it adapts to the latest sales trends and patterns.

Key Advantages of the IP Location Anomaly Detection
1. Real-Time Detection on Possible IP Location Anomaly

This feature offers immediate detection of potential IP location anomalies, enabling merchants to identify suspicious IP locations instantly. Merchants can blacklist or watchlist suspicious IPs.

2. Keep Up with Changing Sales Data
This feature continuously updates itself with the latest data from the past two weeks, ensuring that it stays current with the latest sales patterns from the merchant's data.

Key Advantages of Ship Location Anomaly Detection
1. Advance Fraud Prevention on Shipping Address

Merchants can easily flag dubious transactions that involve mismatched billing and shipping addresses or rare shipping locations.

2. Early Intervention on Suspicious Transactions
This feature allows merchants to block potential shipping fraud before it occurs, reducing the risk of losses from fraudulent orders involving unusual shipping addresses.

The IP and Ship Location Anomaly Detection features are available to FraudLabs Pro merchants who are subscribed to the Medium plan or higher. To use this new feature, just login to the FraudLabs Pro Merchant Area to enable it. For Free plan merchants, please visit https://www.fraudlabspro.com/pricing for the upgrade.

To learn more about this feature and how to enable it to secure your business, please visit https://www.fraudlabspro.com/resources/tutorials/ip-and-ship-location-anomaly-detection/

Contact
FraudLabs Pro
***@fraudlabspro.com
End
Source:FraudLabs Pro
Email:***@fraudlabspro.com
Tags:Fraud Detection
Industry:Technology
Location:Sarasota - Florida - United States
Subject:Features
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