Fraud prevention tools are an essential tool for every company in financial services. Fraud attempts continue to get more sophisticated but thankfully the fraud prevention tools continue to evolve as well to the point where companies should think about creating a complete anti-fraud tech stack.My next guest on the Fintech One-on-One Podcast is Bence Jendruszak. the COO and Co-Founder of SEON. They are one of the most interesting companies in the fraud prevention space as they give away their fraud tools for free on their website. We talk about why they do that and much more in this interview.In this podcast you will learn:The founding story of SEON.The types of fraud that fintech companies need to be focused on today.How they are able to detect fraud.Why they give away their fraud detection products for free on their website.Why they use and collect only publicly available information.How they think about fraudsters reverse engineering their tools.How they can differentiate between a synthetic and a real identity.An explanation of account takeover fraud.Some of the companies that are using SEON.How SEON makes money.Where we are at today in the fight with fraudsters.What data or score they are providing back to their customers.Why fraud attempts increase during the economic downturns.What's on tap for SEON in 2023.Connect with Bence on LinkedInConnect with SEON on LinkedInConnect with Fintech One-on-One: Tweet me @PeterRenton Connect with me on LinkedIn Find previous Fintech One-on-One episodes