Deduce

At Deduce, we’re proud to partner with Alloy to address one of the most pressing challenges in fintech—AI-enabled synthetic identity fraud, which has surged by 183% since 2019. With our Deduce Identity Network, we bring real-time, activity-backed identity data from over 1.5 billion daily events to help Alloy’s platform make smarter, faster identity decisions. Our identity graph doesn't just detect fraud—it compares applicants against 185 million weekly users, identifying trustworthy customers and blocking fraudulent ones. By integrating Deduce’s data, Alloy clients can: + Detect AI-generated synthetic identities that would otherwise slip through onboarding processes +Reduce false positives and secondary review costs +Seamlessly onboard real customers without added friction We’re not just stopping fraud—we’re ensuring that financial institutions can trust their customers again. #alloy #newaccountopening

Online fraud is up 20% this year, with stolen and synthetic fraud representing 85% of all cases: 👉 A rideshare mafioso used fake documents to rent Uber, Lyft, and DoorDash accounts to undocumented workers, amassing almost $800k before getting caught 👉 Airbnb last year deleted 59K fake listings and stopped 157K from joining the app, even incorporating AI to bolster the verification process. 👉 There were more than 64K dating app scams in the US last year, with total losses reaching $1.14B Does singling out synthetic accounts require a massive chunk of real-time identity intelligence? Yes. Is accessing this much data even possible? Also yes. Learn how: https://lnkd.in/gH-75vZ4

At Deduce, we’re on a mission to restore trust in digital identity. Partnering with Alloy, we’re tackling the rise of AI-enabled synthetic identity fraud, which has skyrocketed by 183% since 2019. Our Deduce Identity Network leverages real-time, activity-backed identity data from over 1.5 billion daily events to help financial institutions make faster, more accurate identity decisions. By integrating Deduce’s identity graph with Alloy’s platform, we’re enabling: ✅ Detection of AI-generated synthetic identities that would evade traditional solutions ✅ Lower false positive rates and reduced secondary review costs ✅ A frictionless experience for legitimate customers Our partners can confidently onboard real customers while keeping fraud at bay. We’re here to protect businesses and build trust, one identity at a time. 💪 Read more about our partnership with Alloy, here: https://lnkd.in/gbjAep37

Last night’s #debate brought up (many) interesting topics in our household. One of which was about how #AI might influence this election cycle. While it’s unclear if the growing influence of AI will sway the main event in November, its impact will certainly be felt in smaller, more regional races. With human-like bots influencing social media conversations and AI’s increasingly sophisticated ability to generate super realistic images and soundbites, it could be a game-changer in tightly contested elections. The importance of knowing whether someone is real, or just a mask for a different biased party is imperative when it comes to deciding who we trust and what we believe online. Elections aren’t just tied to “winning” a position, they have massive financial and societal implications. Despite a growing lack of trust in social media, the opinions of our peers still matter, especially for voters who are on the fence. If our “peers” are nefarious actors who can influence on a massive scale, that’s a huge problem. The role of AI in politics is just beginning, but the challenges we're already seeing underscore the importance of stricter AI policy. We need transparency when it comes to deepfakes - ultimately, we MUST use this technology to help society, our businesses, and especially our young people, know what is real, and what’s entirely fake out there. #GenAI #Fraud #PresidentialDebate

Deduce is live at the Datos Insights #fincrimeforum! 🎤 Today, Jim Mortensen led a lively discussion on the impact that #AI is having on stolen and synthetic identities. Thanks to all the participants for an insightful roundtable. #AIFraud

🚨Stolen and synthetic identities pose significant and urgent threats to the financial industry in North America.🚨 The result? Identities that are MUCH harder for fraud fighters to detect and prevent. 😖 Download this Datos Insights white paper to learn how financial institutions can evaluate new and existing customers to detect stolen and synthetic identities AND mitigate related fraud losses. 💸💸 https://lnkd.in/gf-aTVZu

⚔ How do Dune warriors equate to synthetic fraud security systems? We'll leave it to Deduce CEO Ari Jacoby to explain that... But seriously, it tracks! ⚔ Check out this Forbes story that emphasizes how the role of Trust is critical in businesses fighting fraud.