Case Study: NOTYD accelerates B2B lending and cuts fraud with SEON

NOTYD Accelerates B2B Lending from 4 Days to 10 Seconds With an 87% Drop in Fraud Rates

NOTYD, a B2B BNPL provider, needed a faster way to onboard customers and assess credit risk without adding friction. Its manual credit scoring process could take up to four days, creating bottlenecks and making it harder to manage default risk and fraud effectively. To solve this, NOTYD turned to SEON.

Using SEON’s digital footprinting and fraud prevention capabilities, NOTYD automated alternative credit checks with real-time data from emails, phone numbers, IPs, and devices, helping filter out fraudsters instantly and build custom scoring rules. The result was a 87% reduction in fraudulent transactions, a 93% drop in manual queries, and a much faster implementation than comparable projects, with lending decisions accelerated from days to under a minute and onboarding cut to as little as 10 seconds.

NOTYD

Coert Snyman

Senior Analyst