Deduce & Alloy Restore
Partnering to Detect Stolenand SyntheticIdentity Fraud
Expand Details
Banks and fintechs must confirm that their customers are real and creditworthy in order to avoid fraud losses and penalties for noncompliance with Know Your Customer (KYC) regulations.
With Deduce evaluating customer identities against other identities in as many digital contexts as possible, Alloy customers can detect fraud attempts that other solutions may miss.
Deduce insights also identify trustworthy customers, so Alloy customers can give those customers a seamless approval process and save money on secondary review processes.
How well does Deduce already know your new customers?
Alloy customers can take the Deduce Passive Identity Affirmation Challenge to find out:
- What percentage of new applicants Deduce has already seen.
- How that number compares to results from your existing fraud stack.
- Where Deduce can reduce onboarding friction, costs, and fraud.
Download the Solution Brief to see how Deduce and Alloy can improve your synthetic identity fraud detection and help you onboard more trustworthy customers faster.
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.