Hocelot detects online fraud

Social Media’s identity fraud is higher than 15%, how to detect fake profiles?

The evolution

Certainly, Social Media has supposed a communication revolution for companies, as it allows them to connect with millions of people at real time and simultaneously.

In Spain, there are already 20 million Facebook users. Where 80% are connected on a daily basis and 90% do it through their smartphone.
So, it might turn a two edged sword, as it allows hiding their real identity through fake profiles to millions of users.

Hocelot detects online fraud

Taking into account that fraud and identity theft are heading the online crimes ranking, it looks necessary to count on new systems that allows us to fight against identity fraud.

Consequently Hocelot, a 100% Spanish capital startup specialist in information verification about real people in real time, detects online fraud and is able to fight against identity fraud: ID Check & Fraud.

This cost-less API allows to verify people’s identity in real time thanks to its Big Data platform. As a result, Hocelot detects online fraud, reducing companies’ big efforts, costs and expenses.

Are social media doing anything?

Generally, social media platforms rely on some fake profiles protection mechanisms. Beside that, these tools don’t look to be as efficient against identity fraud, as Hocelot estimates that more than 15% of social media profiles are fake. Above all, they get harder to be identified, as they include images, biography and even followers.

Social Media Identity Fraud

In addition, social media platforms don’t count on a previous identification stablished method in order to know who is purchasing a new account on the other side.

Certainly, generating fake profiles, which intention might be malicious, as hurting any company’s reputation, is really easy.

Hocelot detects online fraud

Thanks to its Big Data platform, Hocelot elaborates each internet user personalized profiles, identifying fraud profiles by contrasting the whole data set.

We put all our efforts and resources to help our clients fighting identity fraud. We are capable of analyzing huge quantities of data in real time, so able to reduce this way our clients’ risk“, says Antonio Camacho, Hocelot‘s founder.

How does it affect to companies?

This is a tool which shines by offering immediate and reliable solutions, avoiding this way policy-making delays, which usually are translated into economic losses.

Hocelot‘s ID Check & Fraud allows companies detecting online fraud, drastically enhance their data verification processes, optimizing their resources and reducing their error percentage. And all of it, in real time.

Right now, there is a huge amount of data about all of us outside there. But if you don’t analyze that data, it’s worthless“, says Hocelot‘s founder, which Smart Analytics solution helps verifying all related data.

The evolution

Certainly, Social Media has supposed a communication revolution for companies, as it allows them to connect with millions of people at real time and simultaneously.

In Spain, there are already 20 million Facebook users. Where 80% are connected on a daily basis and 90% do it through their smartphone.
So, it might turn a two edged sword, as it allows hiding their real identity through fake profiles to millions of users.

Hocelot detects online fraud

Taking into account that fraud and identity theft are heading the online crimes ranking, it looks necessary to count on new systems that allows us to fight against identity fraud.

Consequently Hocelot, a 100% Spanish capital startup specialist in information verification about real people in real time, detects online fraud and is able to fight against identity fraud: ID Check & Fraud.

This cost-less API allows to verify people’s identity in real time thanks to its Big Data platform. As a result, Hocelot detects online fraud, reducing companies’ big efforts, costs and expenses.

Are social media doing anything?

Generally, social media platforms rely on some fake profiles protection mechanisms. Beside that, these tools don’t look to be as efficient against identity fraud, as Hocelot estimates that more than 15% of social media profiles are fake. Above all, they get harder to be identified, as they include images, biography and even followers.

 

Social Media Identity Fraud

In addition, social media platforms don’t count on a previous identification stablished method in order to know who is purchasing a new account on the other side.

Certainly, generating fake profiles, which intention might be malicious, as hurting any company’s reputation, is really easy.

Hocelot detects online fraud

Thanks to its Big Data platform, Hocelot elaborates each internet user personalized profiles, identifying fraud profiles by contrasting the whole data set.

We put all our efforts and resources to help our clients fighting identity fraud. We are capable of analyzing huge quantities of data in real time, so able to reduce this way our clients’ risk“, says Antonio Camacho, Hocelot‘s founder.

How does it affect to companies?

This is a tool which shines by offering immediate and reliable solutions, avoiding this way policy-making delays, which usually are translated into economic losses.

Hocelot‘s ID Check & Fraud allows companies detecting online fraud, drastically enhance their data verification processes, optimizing their resources and reducing their error percentage. And all of it, in real time.

Right now, there is a huge amount of data about all of us outside there. But if you don’t analyze that data, it’s worthless“, says Hocelot‘s founder, which Smart Analytics solution helps verifying all related data.

About Hocelot

Hocelot is a 100% Spanish capital based company specialized on real people’s information verification in real time. It’s about objective and useful data, which gives value, in order to optimize any business

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