In prevented fraudulent transactions within the first three months of using the Unit21 platform.
“We ended up going with Unit21 because it offered the ease of integration we were looking for. And then the quality of service was there too.
Anytime we needed support, the Unit21 team was super responsive. Any issues or questions we had were resolved quickly.”
Joe also noted that Unit21’s Link Analysis feature is a powerful tool for uncovering potential bad actors who may be tied to other identified fraudsters, which was a key selling point for him.
He then went on to explain the perceived costs of having to build the same functionality that Unit21 offers in-house and how that would have impacted the team, their productivity, and their customers.
“Building this software in-house would've required a lot of engineering support, which would have meant tying up our engineering resources. However, with Unit21, we can focus on adding more value to our end-users as opposed to building more internal tooling.”
CTO and Co-Founder at PrizePool
A discouraging reality of today’s digital world is the growing prevalence of fraud and the shifting nature of these threats and attacks with the onus of detection being thrust upon financial organizations like PrizePool.
Fortunately, solutions like Unit21 are available to aid in the prevention of these nefarious activities, making it so financial organizations have an easier task at hand. After speaking with Joe, it became clear that the partnership has been paying off by giving the PrizePool team more time and resources to focus on making their product even better for their customers, all while helping them avoid falling victim to financial crime.
“Knowing that these rules are working in the background, even when we are off-hours, provides this kind of security blanket feeling, but ultimately, what we really love about Unit21 boils down to the ease of integration and the quality of support that we've been receiving from a human perspective.”
PrizePool wants to make building a financial foundation easy, and they’re doing so by incentivizing people to make the most educated choices for their financial life. As their partner in risk and compliance technology, we are excited to play a key role in helping to bring their vision to light.
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