Validit.ai provides an AI-based fraud prevention solution that analyzes users' physiological biomarkers through smartphone cameras to assess the integrity of their statements in real-time. This technology enables financial firms, insurance companies, and e-commerce businesses to detect fraudulent intent efficiently, reducing operational costs and streamlining validation processes.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional methods of assessing truthfulness often rely on subjective human judgment or require specialized hardware, making them costly, time-consuming, and difficult to scale. This creates challenges for organizations needing to quickly and reliably validate statements in various scenarios, such as insurance claims, financial transactions, and employment screenings.
Solution
Validit.ai offers an AI-powered fraud prevention service that analyzes a user's physiological micro-expressions and biomarkers in real-time using a standard smartphone camera. The user is prompted with a series of simple questions, and the application monitors and records bio-signals. By applying behavioral science, AI, and computer vision, Validit.ai generates an integrity score, providing organizations with insights into the truthfulness of statements. The solution is fully remote, contactless, and self-administered, eliminating the need for specialized equipment or trained personnel.
Target Audience
Validit.ai targets organizations across various sectors, including financial services, insurance, real estate, employment, and homeland security, seeking to enhance fraud detection and streamline validation processes.
Features
- AI-driven analysis of micro-expressions and bio-signals captured via smartphone camera
- Real-time integrity scoring based on behavioral science and computer vision
- Remote and contactless assessment process, enabling convenient use anywhere, anytime
- Self-administered assessments with intuitive, step-by-step instructions
- Scalable platform for administering unlimited assessments and generating scores instantaneously
- Customizable fraud prevention solution adaptable to various industries and use cases
- Secure data handling, adhering to privacy standards without gathering or sharing Personally Identifiable Information (PII)
- Administrator dashboard for managing assessments and viewing integrity scores