Anti-scam answer supplier Scamnetic has unveiled the most recent version of its flagship KnowScam 2.0 fraud safety answer.
KnowScam 2.0 options quite a lot of enhancements together with a brand new Auto Scan function and deepfake detection.
Based in 2023 and headquartered in Tampa, Florida, Scamnetic made its Finovate debut at FinovateFall 2024 in New York. The corporate returned to the Finovate stage final week for FinovateFall 2025.
Rip-off safety and digital identification verification firm Scamnetic lately launched its new KnowScam 2.0 providing. The newest version of the agency’s flagship answer options important upgrades, together with a brand new three-point scoring system, an Auto Scan function for Microsoft Outlook and Android RCS, and new deepfake detection and ID verification performance.
Providing holistic scam-detection, KnowScam 2.0 consists of 4 main elements. Scan & Rating robotically scans e-mail and textual content messages—together with QR codes, hyperlinks, and pictures—to evaluate the extent of threat from incoming communication. IDeveryone supplies protection towards courting scams, Fb advertising and marketing scams, crypto scams, and extra by figuring out the identification of any counterparty whether or not the interplay is by way of video, audio, or textual content. KnowScam 2.0’s Rip-off Intervention function helps restore belongings and help rip-off victims as they re-establish their digital safety. Lastly, Rip-off Training supplies customers with the most recent suggestions and assets on the way to shield themselves from scams.
“KnowScam 2.0 marks a significant leap ahead in proactive rip-off safety by combining broader platform protection, automated detection, and instantaneous identification verification—options not supplied collectively by every other consumer-facing anti-scam answer. KnowScam 2.0 advances our objective to supply probably the most trusted, consumer-first platform for rip-off detection and digital identification verification, and our mission to make digital interactions protected and safe, offering peace of thoughts in an more and more advanced digital world,” Scamnetic Chief Working Officer John Evans mentioned.
KnowScam 2.0 options built-in explainability to tell customers of the elements used to provide a rip-off rating and supplies extremely tailor-made suggestions primarily based on the kind of rip-off and the general threat stage of the risk. The answer leverages automation and customised machine studying to each take away the potential for human error, in addition to keep away from counting on third-party LLMs. KnowScam 2.0 as a substitute leverages its personal personalized machine studying and proprietary know-how to identify 9 out of each 10 scams.
Headquartered in Tampa, Florida and based in 2023, Scamnetic made its Finovate debut final 12 months at FinovateFall 2024 in New York. On the convention, the corporate confirmed how its know-how permits customers to detect all forms of scams in real-time. Scamnetic’s know-how could be built-in instantly into enterprise platforms, empowering service suppliers to take a higher position in serving to their prospects keep away from scams. The corporate returned to the Finovate stage final week for FinovateFall 2025.
Scamnetic’s product replace comes on the identical time that the corporate introduced that it had been chosen to take part in Mastercard’s StartPath Safety Options program, together with 4 different security-based startups together with fellow Finovate alum OneID. The primary cohort of Mastercard’s new security-oriented startup engagement program, Scamnetic, OneID, and three different fintechs will acquire entry to Mastercard’s community, assets, and market expertise. The startups may also profit from this system’s partnership with organizations such because the International Anti-Rip-off Alliance (GASA) which raises consciousness and supplies enabling instruments for each customers and legislation enforcement to assist facilitate data sharing and the event of greatest practices towards scams and their perpetrators all over the world.
Photograph by Markus Winkler on Unsplash
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