
Financial services are the fastest-growing target for digital fraud, with a huge jump in fraud attempts from 2020 to 2021. FinTechs need to prevent new account fraud and account takeover (ATO) fraud while delivering a fast, frictionless authentication experience for trustworthy customers.
Deduce Identity Insights delivers real-time risk assessment of new account signups and real-time verification of trusted customer logins to prevent fraud and provide a friction-free experience for trusted users. Deduce Customer Alerts immediately notifies trusted users if there’s a suspected ATO login attempt, which prevents fraud and false positives.
In this solution brief, you’ll learn:
- Why long waits for account approval can cost FinTechs customers.
- How Behavioral Intelligence at Scale can help FinTechs detect fraud with more confidence.
- How Deduce Identity Network trust signals can accelerate account review and approval for good customers.
See how the award-winning Deduce Identity Insights platform resolves the security versus customer experience dilemma.
About Deduce
Deduce detects SuperSynthetic™ customers–AI-generated identities so realistic they fool legacy fraud solutions. Deduce unmasks SuperSynthetic identities using patented technology and the largest purpose-built, activity-backed identity graph, with 840M U.S. profiles 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 and expose “sleeper” SuperSynthetics already in customer databases.
Recent Deduce awards include 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 SuperSynthetic threat and Deduce’s solution at deduce.com.