Deduce

Deduce is a software solution focused on detecting stolen and synthetic identity fraud in real time. It is designed for organizations, particularly financial institutions and fintech companies, that face identity fraud threats amplified by AI technologies. The product addresses the problem of AI-generated fake identities that can bypass legacy fraud prevention and identity verification systems by creating realistic documents, biometrics, activity histories, and credit profiles. Deduce claims to be the only solution provider with an identity graph and resources specifically aimed at identifying these fraudulent identities. The company states that at financial institutions, an estimated 95% of synthetic identities are not detected during onboarding, leading to fraud losses averaging over $15,000 per event. In response to such fraud, organizations often increase friction and false declines, negatively impacting customer acquisition. Deduce’s key capability is interrupting this cycle by detecting stolen and synthetic identities in real time, though the source text does not detail the specific technical mechanisms behind its identity graph or detection process.