Identity Fraud
Combat the rising threat of identity fraud with Sign3. Detect potential threats by verifying user identities through advanced digital footprints and device signals. Our solution enables businesses to stay ahead of fraudsters by providing real-time, actionable insights into user behavior and identity verification, ensuring that your customers and assets are protected at all times.
CHALLENGE
KYC Falls Short Against Sophisticated Identity Frauds
Traditional identity verification solutions often fail to provide a comprehensive view of the user’s identity, leading to vulnerabilities in fraud detection and prevention. Revolutionize your approach by integrating fragmented data to make informed, context-driven decisions that fortify identity verification processes and mitigate fraud risks.
in losses due to identity fraud were reported in 2022 globally
of financial institutions have experienced an increase in synthetic identity fraud in recent years
HOW SIGN3 SOLVES IT
Verification of Users’ Identity Using Multiple Social & Device Signal
Block Fraud Before Onboarding
Utilize Sign3’s digital footprinting to conduct thorough background checks on email addresses, phone numbers, and other key identifiers. Detect any anomalies or patterns indicative of fraudulent behavior, preventing fraudsters from accessing your platform.
Adaptive Fraud Detection
Our solution continuously learns from vast datasets, adapting to new fraud patterns as they emerge. This ensures that your fraud prevention strategy evolves alongside the tactics used by fraudsters.
Minimizing False Positives
By integrating sophisticated detection algorithms with machine learning, Sign3 significantly reduces the chances of fraudsters being mistakenly identified as legitimate users
Regulatory Compliance Adherence
Sign3’s solution is fully compliant with the latest data protection regulations, helping your business avoid legal pitfalls while ensuring customer data is secure.
THE IMPACT
Our Results are Remarkable
Reduction in identity fraud cases
Reduction in cost
for Identity Assesment
