Fideo Intelligence has introduced Verify, an AI-driven real-time identity intelligence and fraud prevention service aimed at enhancing the detection of fraudulent activities.

Following this development, Fideo Verify offers a unified real-time risk score encompassing eight categories of verification checks. Each category is supported by multiple identity signals to provide comprehensive protection against various types of fraud.

Key Features and Benefits

Verify integrates with Fideo’s Identity Fraud Intelligence (iFIN) Network, ensuring a holistic view of identity risk. This integration supports faster, more secure risk assessment. The company continues to prioritize compliance with regulatory requirements while addressing the evolving needs of its clients.

The product features eight categories designed for fraud detection, including synthetic identity detection, email risk modeling, phone risk analysis, and IP address checks. Other key areas covered are digital footprint analysis, location anomaly detection, and breach exposure analysis. Each verification check is consolidated into a single API call to eliminate redundancies and reduce costly gaps used by fraudsters.

Verify’s pricing model offers one flat rate per user session for unlimited verification calls, making identity intelligence more accessible and scalable across different types of financial institutions, including fintechs, credit unions, community banks, and non-traditional lenders. This approach helps streamline the onboarding process while ensuring compliance checks are applied where necessary.

By ranking potential risks identified during initial screenings, fraud and risk teams can efficiently decide whether to escalate cases or reject users outright. This proactive strategy optimizes the use of resources and improves overall process efficiency and fraud prevention.

Moreover, financial institutions can adopt a modular approach by selecting specific features from the full suite based on their unique requirements. This flexibility ensures that identity defenses are optimized without adding unnecessary friction for trusted users.