We eliminate friction if the place is known and increase security if it is not. Following the best practices for requesting location permissions, such as not requiring background data - more than 90% of consumers are willing to share location data with financial apps with security purposes.
AVOID IDENTITY THEFT
Recognize synthetic and stolen identities based on location behavior, minimizing false positives. Avoid fraudsters from opening fake accounts.
Recognize the creation of fraudulent accounts in base to the location at the time of its creation and contrasting with its location with the mobile and the DNI.
Most mobile payment platforms with NFT or similar systems require an interaction between two devices. With Ironchip, verify that this payment occurs in the same place during the same instant, validating the transaction and reducing the number of frauds.