Stolen and Synthetic Identity Fraud Prevention Has a Trust Problem
Legacy approaches to AI-driven identity fraud increase friction, false declines, and costs without stopping fraud.
Stolen and Synthetic Identity Fraud Prevention Has a Trust Problem
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AI and automation are accelerating creativity and efficiency across industries—including organized identity fraud. Fraudsters now apply AI to stolen PII to synthesize or fabricate and orchestrate identities that are virtually impossible for legacy fraud detection tools and experienced analysts to detect.
Multicontextual identity intelligence at scale provides the solution.
In this Solution Brief, you’ll see how Deduce multicontextual identity intelligence detects stolen and synthetic identity fraud by:
- Gathering and analyzing extensive real-time identity data from diverse sources.
- Employing neural nets and other AI techniques to recognize the activity patterns and digital fingerprints created by AI-generated fraud.
- Identifying activity matches between the identity under review and other identities.
See how the award-winning Deduce Identity Insights helps businesses detect stolen and synthetic identity fraud, protect the new customer experience, and reduce costs and false declines.
About Deduce
Deduce detects stolen and synthetic AI-driven identities that fool legacy identity-fraud security solutions and damage trust. Deduce unmasks these identities using patented technology and the largest purpose-built, activity-backed identity graph, which sees 185M+ identities more than three times every week, generating 1.5B+ authenticated online events per day across 150,000+ websites and apps. Deduce Identity Graph data drives real-time multicontextual digital forensics to protect new account opening workflows, expose “sleeper” stolen and synthetic identities that are already in customer databases, reduce friction and false positives in onboarding, reduce onboarding operational costs, and improve customer acquisition KPIs.
Deduce awards include Tech of the Future – Fighting Fraud at the 2024 Banking Tech Awards USA, the #1 Security spot in Fast Company’s World’s 50 Most Innovative Companies 2022, and the 2022 CISO Choice Award for Fraud Prevention. Learn more about the AI-driven identity fraud threat and Deduce’s solution at deduce.com.