Tag : Deduce

New Study Reveals Alarming Surge in Synthetic Fraud Rates and Growing Concerns over AI Impact
Artificial Intelligence Fintech News

New Study Reveals Alarming Surge in Synthetic Fraud Rates and Growing Concerns over AI Impact

PR Newswire
by PR Newswire0
Results show synthetic fraud cases rising by 17% over the past two years, driven by AI-generated identities. Deduce, the only patented technology platform designed to prevent AI-generated identity fraud, in association with Wakefield Research, today released a study showing alarming trends in synthetic fraud growth. The study, which polled 500 fraud and risk professionals at financial services and fintech companies......
Deduce Raises $9 Million to Tackle AI-Generated Identity Fraud
Artificial Intelligence Fintech News

Deduce Raises $9 Million to Tackle AI-Generated Identity Fraud

Business Wire
by Business Wire0
Cybersecurity Company Leverages Activity-Backed Intelligence to Thwart AI-Generated Identity Fraud Deduce, the only patented technology platform designed to prevent AI-generated identity fraud, announced $9M in funding led by Freestyle Capital, with additional investment by Foundry and True Ventures. The funding will launch Deduce’s GenAI Identity fraud solution out of stealth......
1