Where WoWyrd fits
WoWyrd runs in your own environment and scores each request before money moves. Here is what it flags in four kinds of business. Every pilot starts observe-only, on your own data.
Payment providers, EMIs and payment institutions
Money arrives in an account on your side and leaves within minutes. By the time the pattern is visible, the funds are gone.
- Many first-time senders paying into one account, or money that arrives and leaves at once (money mules).
- One payout destination shared across several accounts.
- A payout right after a password reset or a contact-detail change (account takeover).
A pilot starts with a look back at your own history, then an observe-only run on one stream, such as payouts or instant transfers.
Lenders, microfinance and BNPL
A fraudulent loan is your own money: loans taken out in someone else's name, or several loans paid out to the same card.
- Many new accounts on one device or IP address (new accounts).
- Several payouts going to one card or account (money mules).
- A payout right after a password reset or a contact-detail change (account takeover).
WoWyrd flags fraud signals around the application and the payout. It doesn't score credit risk.
Banks and neobanks
Customers are talked into sending money, and the accounts that receive it can sit in your own books.
- A payout that takes most of the balance to a payee added minutes earlier ("safe account" scams).
- Receiving accounts that collect money from many new senders and pass it straight on (money mules).
- Account-takeover sequences before a payout (account takeover).
For a larger bank, a workshop without data can come first: your fraud typologies against our rules.
Marketplaces and e-commerce
The same people open new accounts to reuse promotions, and seller or courier payouts go to accounts you can't trust.
- One device or IP address behind many accounts (multi-accounting).
- A payout right after an email or phone change, or to a recipient added just before (account takeover).
- Bursts of declined cards before a large purchase (card testing).
Talk to us about one stream, one owner, one question.
In the UK? See how WoWyrd maps to the FCA's draft guidance CP26/38.