Lessening the vulnerabilities in the travel industry with ease
Innovative tools to counteract travel fraud
K-protect guards against all types of well-known travel frauds
Here the most common frauds faced by the travel industry.
Stolen or fake credit cards
It’s not surprising that fraudsters frequently use credit cards. The purchased tickets are resold to unwary cus- tomers either openly or on darknet markets.
Takeovers of accounts (ATOs
Fraudsters obtain a person’s account information then pre- tend to be a real customer to conduct unauthorised trans- actions.
Flight Credits and Cancellations
In order to draw in more customers, airlines are increas- ingly promoting flight credits. In order to still receive the bonuses, fraudsters book flights using stolen credit cards and then cancel them. They can later resell them or buy authentic tickets to resell.
How K-protects stops travel f raud!
With a comprehensive end-to-end fraud prevention solution, there are a few key instances that K-protect emphasis on
Fraud detection is primarily concerned with identifying pat- terns, and a few of these will emerge during the payment process. At the checkout, you should concentrate on:
- The amount of the transaction and the currency used .
- Credit card types: some credit cards are more commonly used by fraudsters than others.
- Geolocation: There are high-risk areas around the world where fraudsters will log in to book tickets.
Profiling of Users
Having a complete 360-degree view of who the user is will also save you a lot of time in the long run. This can be accom- plished by:
- IP address analysis: To determine geolocation or the use of a proxy, VPN, or TOR browser.
- Device fingerprinting: To can reveal whether the same device has previously been linked to fraudulent activity or whether any fraudsters used it to purchase the tickets.
- Email address analysis: depending on whether the email ad- dress is disposable, from a high-risk domain, or used to regis- ter for social media accounts, email addresses can reveal a lot about a user.
Stop the dangers of travel fraud right away with K-Protect
Much more than just a defined system; K-protect is your business partner in the fight against fraud.
Custom Solutions Entire System Regulate