Anti-fraud
news and resources
IBAN verification: a necessity in the face of the rise in banking fraud
The IBAN, or International Bank Account Number, has become a central element in financial transactions, particularly in the context of SEPA transfers. Its role: to precisely identify a bank account in the international network. However, this identifier, however structured, can become a gateway for fraud.
According to the annual report of the Observatory for the Security of Payment Methods (OSMP), published in September 2024, bank transfer fraud represented €312 million in 2023. Nearly half of this fraud (48%) is "fake IBAN scams," whether involving bank account substitutions during exchanges, manipulation of intermediaries, or even online diversions. The scope of vulnerabilities is vast.
In this context, securing payments inevitably requires the systematic verification of IBANs before their use. Manual verification, while possible, is often a source of errors, tedious, and ineffective on a large scale. This need for reliability and automation explains why IBAN verification is now an essential building block of a secure payment system.
Mobile ID: Optimize identity verification with our new component
At Meelo, we pride ourselves on constantly innovating to offer you ever more powerful solutions. To meet the growing need for security and fluidity in user identification, we are pleased to introduce Mobile ID, a key component integrated into our Identity Trust Score for Individuals.
Mobile ID allows you to verify identity information more efficiently by relying on data provided by telephone operators. This new identity verification solution optimizes the accuracy of our scores and helps you better protect your business against fraud attempts.
FIDA: supervising the open finance with confidence
The FIDA (Financial Data Access) regulation is a continuation of the DSP2 directive, by expanding the opening of financial data to new sectors. Where DSP2 mainly focused on banking data, FIDA aims to go further: insurance, savings, credit, investment ... so many areas concerned by this new European regulation.
The keys to understanding the metrics of meelo anti-fraud tools
Let us continue our Immersion behind the scenes of the Meelo solution with a focus on the evaluation metrics used in our tools to combat fraud. If the Gini index remains a historic and recognized standard in the banking sector, our engagement for ever more efficient and responsible detection pushes us to go further and to integrate the most relevant metrics on the market. It is in this perspective that we have chosen to adopt, in addition to the Gini, an even finer measure in its probabilistic reading: the Brier Score. Our goal? Offer you a precise reading of your predictions and increased confidence in your decision -making. Explanations!
Rental for retailers: Meelo secures your income
The retail sector crosses a major transformation, stimulated by the development of circular trade and the evolution of consumer expectations. Customers are looking for more and more flexibility and a more responsible approach to consumption, which pushes retailers to rethink their economic models. One of the major changes lies in the development of rental rather than sales. This model offers a direct response to growing demand for more sustainable consumption, and allows brands to capture new customer segments. But to make this mutation a success, retailers need efficient, flexible and secure tools.
An innovative SaaS B2B platform and thought for retail becomes a strategic lever to meet these challenges. It makes it possible to effectively structure the rental offers, while optimizing the management of inventory, omnichannel logistics and recurring payments. This is only possible thanks to the integration of advanced technology, including Meelo, a key player in optimizing the customer route via open banking and artificial intelligence.
Detection of identical balance sheets
Always more determined to fight fraud, Meelo strikes hard with a whole new functionality: detection of identical balance sheets. Thanks to this ultra innovative and efficient tool, it is now possible to identify in real time the usurpation of financial balance sheets. Often used to create ghost companies for fraudulent purposes, the copy of balance sheets represents an increasing part of financial scams, especially in the automotive financing sector. Faced with ever more organized fraudsters, the detection of identical balance sheets is a key lever to secure financial operations in B2B.
End of the winter break: what challenges for energy suppliers?
Each year, April 1 rings the end of the winter break, during which electricity and gas cuts are suspended. This is a delicate transition phase for energy market players. If the established truce protects the most vulnerable homes, the accumulation of unpaid arrangements can tension the relationship between energeticians and their customers. Between delicate recovery procedures and evaluation of the solvency of new customers, the challenges faced by energy suppliers are numerous. Find out how the Meelo solution accompanies them effectively to deal with them.