How Qube Money proactively blocks fraud before it happens

Qube Money uses the Sift Payment Protection product to combat fraud at the new account creation level. Accounts are assigned a Sift Score when they’re created and are either accepted or rejected based on the risk of the account. Sift provides Qube with a network view to connect accounts through IP addresses, phone numbers, emails, and over 16,000 other signals to not only stop the fraudster at hand, but pinpoint affiliated accounts that could exhibit fraudulent activity in the future. Qube is able to isolate accounts that have been blocked by Sift and monitor the associated IP address to easily hop on other connected accounts. For international transactions, Qube uses Sift to connect suspicious transactions through IP addresses, marking transactions as fraudulent so that repeated transactions can be easily tracked and blocked. Qube has also had success blocking accounts by evaluating email address names and identifying patterns, looking for strings of emails with only slight variations. The Qube team even utilizes Sift to monitor the age of email accounts, easily identifying fraudulent emails that may have been just created, and flagging them as potential fraud. Additionally, Qube uses Sift alongside Stripe to crossreference users and identify account takeover situations on Stripe, protecting their business from end to end.