
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 timely, frictionless authentication experience for new and returning 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 shared data, including real-time and historical user behavior analytics at scale, can help FinTechs detect fraud with more confidence
- How Deduce Identity Network trust signals can accelerate the account review and approval process for good customers.
See how the award-winning Deduce platform resolves the security versus customer experience dilemma.
About Deduce
Dedicated to democratizing risk and fraud technologies, Deduce prevents consumer-facing Account Takeover (ATO) and registration fraud via the constantly growing Deduce Identity Network—the largest real-time identity graph across cyber risk and fraud in the U.S. today with over 500M profiles and in excess of 1.4B daily activities. The Identity Insights and seamlessly integrated Customer Alerts products are accessible via a developer-friendly deployment model. Honors and awards include Fast Company’s World’s 50 Most Innovative Companies for 2022 and #1 in the Security category, 2021 Fortress Cyber Security, Global InfoSec, and silver Edison Awards, as well as spotlights from CSO, Artificial Intelligence Excellence, and more. To learn more, please visit deduce.com.