Synthetic Identity Fraud Detection demo
Agents link every new application to the ones before it, so made-up identities and coordinated rings show up before the money goes out. 1:13
What the demo shows
A fraud solution for card and loan issuers that links applications to expose fake identities.
Six agents link every card and loan application to the ones before it — phone, borrowed authorized-user card, device, address, employer phone, funding account — and draw them as one link graph, where a ring shows up as a cluster. They check each identity with the government SSN check, the credit file and the ID image, and a fraud analyst holds, clears or declines with an investigator's second signature.
Transcript
- Synthetic Identity Fraud Detection links each card and loan application to earlier ones for fraud teams.
- Alone, each fake identity looks clean.
- Lender exposure passed $3 billion last year.
- On the link graph, each application is a dot — rings are the clusters.
- Replay it. Since February, one phone number keeps coming back, just under the hold line.
- Sunday night, 14 applications pull together around one phone and one borrowed card.
- Six agents check all 10.
- Nine fail the government number check.
- Simone only shares an employer's name and is cleared.
- Elena signs. Marcus co-signs.
- $102,000 stays off the books.
- Rings caught application, not a charge-off, each hold explained.
- Built on Botminds: agents, data, screens, and governance on one platform.
Transcribed from the film’s narration. Captions are on the player.