When the principals at Nethone began building their machine learning-based online fraud fighting platform in 2016, they recognized that future success in mitigating card-not-present losses would depend less on the approach of legacy providers—models built on massive amounts of historical data. Nethone built passive biometric technology to immediately identify signals presented by the increasingly sophisticated virtual devices criminals use to mimic elements of valid devices. Those same passive biometrics also enable users to give valid customers a frictionless buying experience. Nethoneâ€...