- Anti-scam solution provider Scamnetic has unveiled the latest edition of its flagship KnowScam 2.0 fraud protection solution.
- KnowScam 2.0 features a variety of enhancements including a new Auto Scan feature and deepfake detection.
- Founded in 2023 and headquartered in Tampa, Florida, Scamnetic made its Finovate debut at FinovateFall 2024 in New York. The company returned to the Finovate stage last week for FinovateFall 2025.
Scam protection and digital identity verification company Scamnetic recently introduced its new KnowScam 2.0 offering. The latest edition of the firm’s flagship solution features significant upgrades, including a new three-point scoring system, an Auto Scan feature for Microsoft Outlook and Android RCS, and new deepfake detection and ID verification functionality.
Offering holistic scam-detection, KnowScam 2.0 consists of four major components. Scan & Score automatically scans email and text messages—including QR codes, links, and images—to assess the level of risk from incoming communication. IDeveryone provides defense against dating scams, Facebook marketing scams, crypto scams, and more by identifying the identity of any counterparty whether the interaction is via video, audio, or text. KnowScam 2.0’s Scam Intervention feature helps restore assets and support scam victims as they re-establish their digital security. Lastly, Scam Education provides users with the latest tips and resources on how to protect themselves from scams.
“KnowScam 2.0 marks a major leap forward in proactive scam protection by combining broader platform coverage, automated detection, and instant identity verification—features not offered together by any other consumer-facing anti-scam solution. KnowScam 2.0 advances our goal to provide the most trusted, consumer-first platform for scam detection and digital identity verification, and our mission to make digital interactions safe and secure, providing peace of mind in an increasingly complex digital world,” Scamnetic Chief Operating Officer John Evans said.
KnowScam 2.0 features built-in explainability to inform users of the factors used to produce a scam score and provides highly tailored recommendations based on the type of scam and the overall risk level of the threat. The solution leverages automation and customized machine learning to both remove the potential for human error, as well as avoid relying on third-party LLMs. KnowScam 2.0 instead leverages its own customized machine learning and proprietary technology to spot nine out of every 10 scams.
Headquartered in Tampa, Florida and founded in 2023, Scamnetic made its Finovate debut last year at FinovateFall 2024 in New York. At the conference, the company showed how its technology enables consumers to detect all types of scams in real-time. Scamnetic’s technology can be integrated directly into enterprise platforms, empowering service providers to take a greater role in helping their customers avoid scams. The company returned to the Finovate stage last week for FinovateFall 2025.
Scamnetic’s product update comes at the same time that the company announced that it had been selected to participate in Mastercard’s StartPath Security Solutions program, along with four other security-based startups including fellow Finovate alum OneID. The first cohort of Mastercard’s new security-oriented startup engagement program, Scamnetic, OneID, and three other fintechs will gain access to Mastercard’s network, resources, and market experience. The startups will also benefit from the program’s partnership with organizations such as the Global Anti-Scam Alliance (GASA) which raises awareness and provides enabling tools for both consumers and law enforcement to help facilitate knowledge sharing and the development of best practices against scams and their perpetrators around the world.
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