3 ms·
The drawback to services like this is that they are great at hindsight (Aha! Based on the signals we should have known!) but bad at prediction. Take the example
by excitom 12y ago
The drawback to services like this is that they are great at hindsight (Aha! Based on the signals we should have known!) but bad at prediction. Take the example of Doral, FL that they offer; it has 8X higher fraud. But, should you avoid Doral customers? No. Should you avoid people who use forwarding services? No. But if you're scammed, you can look back and say "I should have known!"
- x0x0 12y agoIf a scam works once, it will probably be tried again. Even if you are correct, there is probably value in simply detecting similar scams. Plus, if sift's network is big enough, a given business will be protected against scams that hit other businesses.