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AU10TIX reveals a collaboration platform to fight synthetic identity fraud

Thursday 21 May 2020 10:39 CET | News

AU10TIX has launched INSTINCT, an autonomous and anonymous platform designed to unify the business community around global identity signals that can fight synthetic identity fraud. 

AU10TIX is a global cloud-based, ML, ID verification and authentication platform, and its new collaborative platform pairs select signals with adaptive analytics to detect and share identity risk based on historical behaviours, emerging patterns and facts across the network of participating organisations. 

The aim of INSTINCT is to detect criminal attempts to create multiple accounts using fraudulent ID credentials that have already penetrated one organisation's system without detection. Such attacks are easier to implement against CNP services, where customer onboarding and risk mitigation are based on customer-submitted images of ID documents.   


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Keywords: INSTINCT, AU10TIX, collaboration platform, fraud intelligence, synthetic identity fraud, ML, ID verification, identity risk, behaviours, criminal attempts, fraudulent ID credentials, CNP, onboarding, risk mitigation
Categories: Securing Transactions | Digital Identity, Security & Online Fraud
Countries: World
This article is part of category

Securing Transactions