Fraudfinder
Fraudfinder provides document fraud detection software that identifies edited, AI-generated, and reused financial documents in under four seconds. The platform combines forensic analysis, external data validation, and data enrichment to help lenders and financial institutions verify bank statements, payslips, and IDs before making credit decisions.
- Financial Technology
- Regulatory & Compliance Technology
- Artificial Intelligence
- Cybersecurity
- Software Only
Funding
Funding not disclosed
Founders
Founder details are not available yet.
Product
Problem
Financial fraud involving manipulated documents is rising, with 16% of UK adults admitting to first-party document fraud and losses exceeding £1.17 billion in 2023 alone. Traditional manual reviews cannot detect sophisticated edits invisible to the human eye, leaving lenders, banks, and fintechs vulnerable to fraudulent applications.
Solution
Fraudfinder provides a multi-layered document forensics platform that detects manipulated financial documents in under four seconds. The platform combines forensic analysis of fonts, metadata, version history, and barcodes with external data validation through Confirmation of Payee and address verification, plus data enrichment that converts bank statements into structured, reconciled transaction data. Machine learning models trained on millions of documents flag AI-generated content, restored deleted data, and edited values across bank statements, payslips, utility bills, and other financial records. Risk teams access results through a secure web portal or RESTful API, with expert human-in-the-loop review available for ambiguous cases.
Target Audience
Fraudfinder serves lenders, banks, fintechs, mortgage providers, insurers, gambling operators, and real estate companies that need to verify financial documents and assess affordability during customer onboarding. The platform is also used by brokers and alternative finance providers seeking automated fraud prevention.
Features
- 350+ fraud indicators covering font anomalies, metadata manipulation, software history, barcoding, and document structure
- Generative AI detection that identifies documents produced or edited with tools like ChatGPT
- Version history analysis that reveals what was changed or removed before the document reached the reviewer
- Bank balance reconciliation that recalculates every transaction against printed balances to flag the exact line where maths breaks
- Confirmation of Payee checks that validate account ownership with the account holder's bank in real time
- Data extraction engine that converts bank statements from any format into standardized JSON with personal, account, and financial data points
- Barcode and address decoding that flags mismatches between printed and encoded information
- Fraud watchlists and reused document detection that catch the same file or template across different applicants
- Translation and AI summary features that explain every flag in plain English