Deduce (Acquired by CHEQ)

About

Deduce is a cybersecurity company based in New York that focuses on detecting and preventing stolen and synthetic identity fraud. The company employs around 20 people and utilizes a large U.S. fraud and risk identity graph to perform real-time data forensics at scale. Deduce offers a range of services, including real-time identity verification that can quickly identify AI-generated fake identities, fraud detection and prevention to stop these identities from creating accounts, and multicontextual data forensics to enhance trust in verified customers. Their solution integrates seamlessly with existing fraud systems through an API and features a real-time dashboard for monitoring traffic and detecting anomalies. Deduce has developed advanced AI-driven tools over five years to effectively address the challenges posed by synthetic identities, positioning itself as a leader in identity security.