iDenfy's verification model outsmart fraudsters in 2026

DOVER, Del. - April 23, 2026 - PRLog -- iDenfy, a global RegTech specializing in identity verification and fraud prevention solutions, shares its newest insights into the synthetic identity fraud crisis, introducing vital adjustments to its Know Your Customer (KYC) and Anti-Money Laundering (AML) platform. Company officials claim that fraud rates have increased at least 15% in various industries, especially in high-risk sectors like iGaming. As a result, the best way to actually combat issues like synthetic ID fraud or gen AI fraud is not to entirely rely on software but to mix it with human reviews. For that, iDenfy provides its services as an example, allowing readers to take a peek at the newest software adjustments

According to Domantas Ciulde, the CEO of iDenfy, a huge part of valuable insights and suggestions comes from the in-house KYC expert team, who are responsible for manually reviewing captured ID document data. False positives can affect genuine users trying to access services quickly. A manual approach helps to correct AI system errors and onboard legitimate users almost instantly. iDenfy's KYC specialists work 24/7, removing the risk of downtime or long queues.

Regarding synthetic identity fraud in particular, it becomes a more complex task to detect bypassing attempts during the customer onboarding process. Sophisticated fraudsters outsmart basic IDV systems by combining real data, such as valid Social Security numbers (SSNs) or real addresses, with fake names, borrowed birth dates, or AI-generated document images.
In general, when a new user submits their identity documents, iDenfy's solution immediately cross-references against a database of more than 3000+ government-issued document types from over 200+ countries and territories. Initial recognition and 3D liveness detection check if the biometrics of the face match in under 3 minutes.

The third layer is AML screening and ongoing monitoring. iDenfy's platform offers continuous screening solutions against global sanctions lists, Politically Exposed Person (PEP) databases, and adverse media sources throughout the user's active account journey.

"Manual company reviews have been one of the most resource-intensive parts of compliance, and fully automated systems create a different problem: they can't adapt in real-time to fraud patterns they've never seen. Our model is built on the premise that AI and human expertise are not interchangeable. They're complementary. AI handles speed and scale. Our team handles difficult scenarios," added Domantas Ciulde, the CEO of iDenfy.

For more information, please visit: https://idenfy.com/