Proof of Value Process

The Proof of Value (PoV) process is a structured and methodical approach to evaluate SEON's fraud prevention solutions within the context of your business needs. This process ensures you gain clear and actionable insights into how SEON’s tools perform in detecting and mitigating fraudulent activity, enabling you to make informed decisions about full deployment. Depending on your goals and technical requirements, the PoV process can involve one or both of the following approaches:

Each approach is carefully designed to validate SEON's impact, allowing clients to choose based on their priorities and technical requirements. The PoC provides an immersive, hands-on evaluation through real-time integration within the client’s workflows, making it ideal for those seeking in-depth operational insights. On the other hand, the Batch Test offers a quicker, data-driven analysis by utilizing historical data, which suits clients aiming for a snapshot evaluation without live integration.

Trial Approach Overview: Proof of Concept (PoC)

A PoC involves integrating SEON’s fraud detection API into your environment, allowing you to process transactions in real-time. This live setup leverages SEON’s machine learning models and fraud-detection tools to provide immediate insights and validate their effectiveness within your workflows.

This approach allows the client to witness the capabilities of SEON’s platform in a dynamic environment, refining rules collaboratively and analyzing performance metrics in real-time.

Advantages of a Live PoC

• Real-time fraud detection and prevention during transactions.
• Can be run in shadow mode, no ‘true’ decisioning enforced.
• Velocity rules. (Only available in Live PoC)
• Access to enriched data insights via SEON’s Device Intelligence. (Only available in Live PoC)
• Assistance generating custom rules specific to your use case(s).
• Opportunity to collaboratively refine rules.

PoC Test Process Flow

The PoC typically takes 20–25 days and follows these stages:

• The initial 1–2 days are focused on aligning the integration method, defining the scope, and agreeing on success criteria with the client.
• Over the next 3–5 days, SEON’s Fraud API and Device Intelligence SDKs are implemented in collaboration with the client.
• For the following 6–14 days, the client actively processes and labels transactions, monitors performance, and iterates rules as needed, ensuring optimal functionality.
• The final 2 days involves a collaborative review of results to ensure all objectives are met.

Note: Client Responsibilities for Proof of Concept
Clients are expected to collaborate with SEON to define the scope and success criteria, integrate SEON’s tools into their environment, and actively participate in reviews. This engagement ensures that the PoC yields meaningful insights and aligns with business needs.

Trial Approach Overview: Batch Test

A Batch Test provides a quick and efficient way to validate some of SEON’s capabilities using your historical transaction data. This approach focuses on analyzing past data to uncover insights about fraud trends, identify potential savings, and establish correlations between fraudulent activity and specific behaviors.

This is an ideal method for clients who wish to evaluate SEON’s effectiveness without live integrations. It provides a snapshot of SEON's fraud detection capabilities, showcasing insights such as historical fraud patterns, potential savings, and correlations between behaviors and fraudulent activity, helping clients understand the tool's impact on their operations.

Advantages of a Batch Test

• Fast and straightforward setup with no need for live integration.
• Utilizes your historical data to provide meaningful insights.
• Identifies historical fraud patterns and early indicators of fraudulent activity.

Batch Test Process Flow

The Batch Test process takes approximately 11–16 days:

• During the first 1–2 days, SEON collaborates with the client to define the dataset size, scope, and success criteria.
• Over the next 3–5 days, the client submits the labeled training dataset and test dataset for analysis.
• SEON processes the datasets and loads it into the client account, typically within 1 day.
• The remaining 2–4 days involve reviewing and discussing results collaboratively.

Note: Client Responsibilities for Batch Test
Clients are responsible for preparing and securely sharing a historical dataset in an approved format, such as a locked or encrypted XLSX file with the password provided separately via email, or by using their own sFTP server. Active participation in results review sessions is also necessary to understand the findings and their implications. Clients may be asked to provide labels, either before or after the Batch Test has run.

SEON Support During PoV

Throughout the PoV process, SEON’s Solution Engineering team provides extensive support, ensuring a seamless and efficient evaluation. This support includes:

• Detailed API documentation and sample payloads to streamline integration, reducing implementation time and ensuring accuracy.
• Expert guidance on setting up Device Intelligence and fraud prevention tools to maximize the effectiveness of the evaluation.
• Clear and secure instructions for submitting datasets during Batch Tests to maintain data integrity.
• Delivery of actionable insights and ROI analysis to help clients make informed decisions based on tangible outcomes.

Additional Resources

For clients who prefer a self-guided approach to a Batch Test, detailed instructions are available here: How to Run a Batch Test. These instructions cover everything from preparing your dataset to securely transferring your files and interpreting the results, making it easier to run a Batch Test independently. 

Download sample files: CSV, XLSX

While self-guidance is an option, we strongly recommend connecting with our team to maximize the value and efficiency of the PoV process.