RangersAI Launches ScamRanger: A New Consumer App to Help Financial Institutions Prevent Scams at the Source

Empowering customers. Reducing losses. Building trust.

BOCA RATON, FL,  November 12, 2024 - RangersAI, a mission-driven company focused on empowering people to stay safe from online scams, today announced the launch of ScamRanger, a first-of-its-kind mobile app that helps customers recognize and stop scams before they take hold.

Available now on the Apple App Store and Google Play, ScamRanger is already being piloted by financial institutions eager to reduce scam-related losses and boost customer confidence.

“In a digital world full of manipulation, we can’t just protect the transaction. We must empower the person and prevent the social engineering before it happens,” said Ayelet Biger-Levin, Founder and CEO of RangersAI. “ScamRanger gives your customers the ability to pause, detect, and act with clarity before they fall victim. It’s about shifting from reactive authorized fraud recovery to proactive scam prevention.”

Key Features:

• Automatic SMS scanning to detect and flag suspicious messages in real time
  
• Cross-platform verification, allowing users to scan any message, regardless of where it was received
  
• Guided education and next steps when a scam is suspected, reducing confusion and emotional vulnerability
  

Scam losses in the U.S. alone are projected to exceed $158 billion in 2024 (FTC), with most scams relying on social engineering and not just technical exploits. Financial institutions bear the brunt of customer frustration, regulatory scrutiny, and reimbursement costs. ScamRanger addresses this challenge head-on by turning customers into informed, proactive partners in fraud prevention.

One credit union that piloted the app shared:

“ScamRanger allows us to get in front of the scams and empower the consumer by arming our members with knowledge. We also expect to see a reduction in cost and improved member retention by showing that we trust them with the right tools.”

ScamRanger is built with financial institutions in mind: it’s privacy-preserving, multi-tenant, and can be white-labeled or integrated with risk engines for enhanced visibility.

About RangersAI

RangersAI builds AI-powered solutions that help financial institutions prevent scams by empowering their customers with real-time detection, education, and behavioral guidance. Founded by industry veteran Ayelet Biger-Levin, the company’s mission is to change the way we fight scams, by reaching people before they’re manipulated.

Learn more at www.scamranger.ai or schedule a demo.

Media Contact:
info@scamranger.ai