How does Digital Identity Network compare to Identity Fraud?

The Digital Identity Network by LexisNexis Risk Solutions is a powerful platform for analyzing and authenticating digital identities. By combining data from device intelligence, behavioral analysis, and global threat intelligence, the platform delivers precise risk assessments in real-time.

The solution is ideal for preventing account takeovers, identity theft, and other fraud types while maintaining a seamless user experience. Businesses can use the Digital Identity Network to enhance customer trust, safeguard revenues, and stay ahead of evolving threats.

Sardine's Identity Fraud module offers a comprehensive solution for identity verification and fraud prevention, safeguarding organizations and their customers from unauthorized access and identity theft. Utilizing advanced machine learning algorithms, this module analyzes user behavior and identity attributes in real-time, effectively identifying and mitigating potential threats. It supports various verification methods, including document verification, biometric authentication, and cross-referencing against global watchlists, ensuring compliance with regulatory standards while minimizing fraud risks. The module seamlessly integrates with existing systems through flexible APIs, facilitating streamlined onboarding workflows, precise risk scoring, and automated decision-making processes. By proactively detecting fraudulent patterns, Sardine's Identity Fraud module not only reduces financial losses but also fosters trust among users, delivering a secure and seamless experience. Organizations can customize risk thresholds and continuously monitor transactions, enabling them to adapt effectively to evolving fraud tactics and maintain robust security measures.

• 🏆 Ranked - Strong Performer by Forrester (2024)
• 🏆 Best Overall AI Company by AI Breakthrough Awards (2024)
• 🏆 Named on RegTech100 by FinTechGlobal (2024)
• 🏆 Financial Crime and Compliance50 2024 - Ranked 4 by Chartis (2024)
• 🏆 RiskTech100 2024 - Ranked 13 by Chartis (2024)

LexisNexis Risk Solutions is a global data and analytics company that provides information-based analytics, decision tools, and data management services to help organizations make informed decisions, stay compliant, reduce risk, and improve operations

Sardine offers a platform to automate risk decisioning, catch more fraud, detect money laundering, and protect customers from scams.

Sardine's platform integrates several key functionalities aimed at combating fraud and ensuring compliance:

- Fraud Detection: Utilizing behavioral analysis and machine learning, Sardine detects scams before they occur by monitoring subtle changes in user behavior across the customer lifecycle—from onboarding to transaction monitoring.
- Risk Scoring: The platform employs advanced risk-scoring models to evaluate potential threats in real-time.
- Compliance Solutions: Sardine provides services such as Know Your Customer (KYC), Know Your Business (KYB), transaction monitoring, and anti-money laundering (AML) compliance.
- Device Intelligence & Behavioral Biometrics: By incorporating device intelligence and behavioral biometrics, Sardine enhances its fraud detection capabilities beyond traditional methods.

The inception of Sardine was driven by the founders' experiences in the fintech space, particularly their recognition of the fragmented nature of fraud prevention services available to cryptocurrency and neobanking sectors. Ranjan's background in cybersecurity and machine learning, alongside the team's collective expertise, led to the development of a unified API platform designed to tackle various fraud risks comprehensively. The name "Sardine" is a nod to Suspicious Activity Reports (SARs), which are critical in reporting financial crimes.