Stopping fraud in its tracks

In a world of ever-evolving technology, two industry leaders have come together to offer innovative solutions. inDrive and SHIELD have joined forces to bring the latest in cutting-edge fraud prevention technology to the market. With this partnership, drivers can enjoy a more comfortable and secure driving experience, thanks to the latest advancements.?

Partnering with SHIELD is a smart move for inDrive, as it aims to provide a safer, fairer and more transparent ride-hailing experience for its drivers and passengers. The world-renowned risk intelligence company offers innovative technology to combat fraud and maintain high standards of trust, transparency, and fairness in the ride-sharing industry.

SHIELD 's Device Intelligence solution is the key to inDrive's fraud prevention strategy. With the SHIELD ID, inDrive can easily detect and link fake devices, even if they are created in thousands. This allows inDrive to identify when multiple driver or passenger accounts are operated from the same device in real-time, giving the platform a powerful tool in the fight against fraud.

Here are a few examples of the type of fraud that can occur in ride-hailing apps:

Fake Driver Scam:

A fraudster creates a false driver account with stolen personal details, false identity, false documents, and false car information. They then use this account to pick up unsuspecting victims and rather than taking them to their desired destination, the fraudster may take their possessions or commit other criminal activities such as robbery or violence.?

Fare Fraud:

A person creates several fraudulent accounts with false information such as names, addresses, and payment details. Then they use these accounts to request rides and falsely increase the fare by claiming a longer route or duration. The perpetrator divides the money they earn from the misrepresented fares with the driver, who might know the fraudster or be an unwitting participant. This type of fraud can cause considerable financial losses for the ride-hailing company and the affected customers.

Payment Fraud:

A fraudster hacks into a rider's account by using stolen personal information or exploiting security vulnerabilities. They then change the payment method to their own account, and use the hacked account to order rides. The fares for these rides are charged to the victim's account, and the fraudster collects the money. This type of fraud can cause significant financial losses for the affected riders, as well as damage to their credit score if their payment information is used for unauthorized transactions.

These are just a few examples of the many ways that fraudsters can exploit ride-hailing apps.?

By leveraging SHIELD 's Risk Indicators, inDrive can detect suspicious tools and techniques, such as GPS spoofers, tampered apps, and app cloners. AI technology can also be used to identify multiple accounts accessing the same IP address or subnet, bolstering inDrive's fraud detection capabilities. In addition to the SHIELD ID, this provides an additional layer of security.

Overall, this union is a step towards a more secure and equitable ride-sharing experience for everyone. It helps build trust, and challenge injustice in the industry.