Case Study: YapStone prevents $20M+ in fraud and reduces false positives with Kount

YapStone - Customer Case Study

Yapstone is a California-based payments platform that facilitates short- and long-term vacation rental transactions between travelers, homeowners and property managers. Facing listing, lost/stolen and counterfeit-card fraud — including stolen-card bookings that lead to property damage — Yapstone needed to identify both buyers and sellers accurately and prevent fraud without adding checkout friction that would harm bookings and revenue for hosts and renters.

Yapstone partnered with Kount to deploy an AI-driven fraud solution that uses a 12+ year universal data network (device, IP, email and network signals), co-developed machine learning risk models, an orchestration hub for vendor data, and flexible risk thresholds. The approach increased approvals and reduced false positives while protecting homeowners: together Kount and Yapstone stopped more than $20 million in fraudulent transactions in the first 10 months of 2019.

YapStone

Piko Nikolov

Vice President