Deduce offers a real‑time detection platform that uses a patented AI‑driven matching engine and a massive identity graph to spot AI‑generated synthetic and stolen identities during onboarding and in existing customer bases. By integrating via API with banks, credit unions, and fintechs, it provides instant verification, risk scores, and automated alerts that reduce fraud losses while maintaining low friction for legitimate users.
Funding
$9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
1OFCFounders
Product
Problem
Financial institutions increasingly face identity fraud where AI-generated synthetic and stolen identities mimic real customers, evading legacy verification systems. This results in significant monetary losses, higher false declines, and degraded customer acquisition metrics.
Solution
Deduce provides a real‑time detection platform that leverages a patented technology and an extensive identity graph to identify both newly created synthetic identities and compromised stolen identities. By continuously cross‑referencing onboarding data and existing customer records against its graph, the system can block fraudulent sign‑ups and flag fraudulent accounts already in the database. The solution integrates with existing fraud‑prevention workflows, allowing institutions to maintain low friction for legitimate users while reducing exposure to fraud losses.
Target Audience
Primary customers are banks, credit unions, fintech platforms, and other financial service providers that need to protect onboarding and existing customer bases from identity fraud.
Features
- Patented AI‑driven matching engine that detects synthetic identities with realistic documents, biometrics, and credit histories
- Comprehensive identity graph aggregating billions of data points to uncover relationships between stolen and synthetic profiles
- Real‑time API for instant verification during onboarding and continuous monitoring of active accounts
- Automated alerts and risk scores to prioritize investigation of high‑risk identities
- Seamless integration with legacy fraud‑prevention and KYC systems to preserve existing workflows