Synthetic Fraud

Data Safeguard™

Synthetic fraud is the most recent cybercriminal activity that has become the fastest-growing financial crime. We enable BFSI companies to detect them early. Data Safeguard’s™ AI/ML-based Synthetic Fraud product counters Frankenstein Identity theft, automatically tracks identity and flag transaction inconsistencies that indicate fraudulent activities such as unauthorized transaction card purchases, and other verticals where ID verifications play an important role in the transaction process.