Internet fraud

Internet fraud is experiencing an exponential growth. And so, one in three people lies in the internet when giving data.

Hocelot helps clearing it.

Information age

Internet fraud

We live in the information age. In the last 2 years we have generated more information than since the beginning of man. Data grows at a dizzying pace and new problems have risen. Companies must solve this problems to take advantage and offering their customer a better service: information asymmetry and identity fraud.

Hocelot

Hocelot, a technological 100% Spanish capital based start-up, came up with the goal of facing this 2 real problems thanks to their specialty, data: their Big Data platform contrast and verifies information entered in any online form, in real time.

One in three user fake their identity

Something that is apparently simple, might not be it, as organizations don’t count on truthful and reliable data checking systems.

When a customer arrives to a web for buying or asking for a service, personal data is received, but this might be dirty data. This is a kind of identity fraud and supposes important losses of time and money to the companies. And this is not something isolated, as one in every three users fake their identity on the internet.

The information and asymmetry problem comes up along with the online procedures, user has all the information, and the company’s web has no way of checking that information in real time, so the company needs to trust that customer on that sell or service.

ID Check & Fraud

One of the main products from Hocelot solves this: ID Check & Fraud, a costless API with no specific implementation needs, that allows people’s identity verification in real time. Hocelot’s success rests on making the user unique by more than one variable. Instead of doing it by only one, as the rest of fraud solutions.

Companies’ benefits

Thanks to ID Check & Fraud implementation at the marketing or sales department, companies reduce their identity fraud losses by 90%minimize their manual revisions by 92% and, additionally, increase their business by 25%.

We live in the information age. In the last 2 years we have generated more information than since the beginning of man. Data grows at a dizzying pace and new problems have risen. Companies must solve this problems to take advantage and offering their customer a better service: information asymmetry and identity fraud.

Hocelot

Hocelot, a technological 100% Spanish capital based start-up, came up with the goal of facing this 2 real problems thanks to their specialty, data: their Big Data platform contrast and verifies information entered in any online form, in real time.

One in three user fake their identity

Something that is apparently simple, might not be it, as organizations don’t count on truthful and reliable data checking systems.

When a customer arrives to a web for buying or asking for a service, personal data is received, but this might be dirty data. This is a kind of identity fraud and supposes important losses of time and money to the companies. And this is not something isolated, as one in every three users fake their identity on the internet.

The information and asymmetry problem comes up along with the online procedures, user has all the information, and the company’s web has no way of checking that information in real time, so the company needs to trust that customer on that sell or service.

ID Check & Fraud

One of the main products from Hocelot solves this: ID Check & Fraud, a costless API with no specific implementation needs, that allows people’s identity verification in real time. Hocelot’s success rests on making the user unique by more than one variable. Instead of doing it by only one, as the rest of fraud solutions.

Companies’ benefits

Thanks to ID Check & Fraud implementation at the marketing or sales department, companies reduce their identity fraud losses by 90%minimize their manual revisions by 92% and, additionally, increase their business by 25%.

«It’s essential for companies to know their customer and knowing who they are talking to so that they can offer them the best service that fits their needs. The result is a clean database with no errors, without fake «supermans» nor «Cristianos Ronaldos», which are the most used fake names that we usually find. So, Hocelot offers objective information so that the final profile that the company works with is a customer mirror image.

In the end, Hocelot’s mission is to help companies taking decisions, reducing procedures from days to seconds and minimizing significant costs and losses.»

«It’s essential for companies to know their customer and knowing who they are talking to so that they can offer them the best service that fits their needs. The result is a clean database with no errors, without fake «supermans» nor «Cristianos Ronaldos», which are the most used fake names that we usually find. So, Hocelot offers objective information so that the final profile that the company works with is a customer mirror image.

In the end, Hocelot’s mission is to help companies taking decisions, reducing procedures from days to seconds and minimizing significant costs and losses.»

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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