Package stations, empty houses and apartments or post boxes bearing a new name-sticker – fraud involving fake delivery addresses is alarmingly creative and costs e-commerce and payment service providers millions.
To tackle online fraud, anti-fraud systems check declared identity. Until now, actual delivery and invoice addresses have often not been factored in as indicators of fraud. But these can provide information – in combination with our IdentityCheck service – as to whether or not a fraudulent receiving of goods is being planned.
With its DeliveryAddressCheck package, Regis24 is now rolling out a powerful solution to plug this gap.
In tandem with Regis24’s identity research system IdentityCheck, and practically in real time, DeliveryAddressCheck enables your company to validate a user’s delivery address in real time by way of a state of the art GraphQL app programming interface (API), to avoid delivery fraud. DeliveryAddressCheck from Regis24 can currently validate the addresses of over 70% of adults in an e-commerce context.
During this process, instances of misuse of identity or the use of fake identities are automatically identified, flagged and reported to your anti-fraud system – a new type of shield against fraudulent exploitation of e-commerce that uses fake delivery addresses, consequently leading to a higher quota of new customers for you, as well as greater reliability when it comes to payments on account.