Enterprise Fraud Detection & Prevention Suite

AI Fraud Detection API software to protect your business at the point of collection. The Veryfi API deploys advanced vision, device and data models to catch fraudulent documents as they enter your system while leveraging device fingerprinting to identify and block repeat offenders, protecting your systems from risk and financial losses.

Join 1,000+ Leading Organizations using Veryfi APIs

What is Fraud Detection?

Fraud detection identifies and blocks fraudulent activity by analyzing documents in real-time during submission or onboarding. AI-powered systems scan for suspicious patterns and anomalies across every industry—fintech, banking, retail, and beyond—catching fraudulent events before they cause financial damage or destroy customer trust. The technology relies on machine learning algorithms like convolutional neural networks (CNNs), logistic regression, and isolation forests that learn from data to spot fraud. These algorithms analyze document authenticity, user behavior, and submission patterns to identify inconsistencies that signal fraudulent intent. Best-in-class solutions like Veryfi’s deploy a tri-model system combining vision, device, and data models to generate multiple fraud signals and calculate document authenticity with precision.

54% of organizations never recover fraud losses. When the damage is done, recovery is unlikely. You must catch it upfront.

📄

Invoice and Billing Fraud

Estimated to cost businesses over $100 billion annually worldwide.

It’s believed that 5-10% of all invoices contain errors or fraudulent charges.

💳

Check Fraud

Still a major issue despite declining check usage. The American Bankers Association reported $1.3 billion in check fraud losses in 2018.

Let’s not forget the recent viral TikTok Chase Bank money fraud

🎁

Loyalty Program Fraud

Costs companies an estimated $1 billion per year globally.

About 1 in 5 loyalty accounts are affected by fraud.

📊

Expense Report Fraud

Accounts for 5% of business fraud cases.

The median loss is $31,000 per case.

🤖

AI-Driven Synthetics

311% surge in synthetic identity document fraud in North America (Q1 2025).

1,100% increase in deepfake fraud attacks.

🛡️

Prevention > Detection

21% of organizations report losses of $1 million or more.

54% of victim organizations never recover their fraud losses.

💼

Business Impact

Organizations lose 5% of revenue to fraud each year.

Median business fraud loss of $125,000 per incident.

Bank Checks are STILL the most frequently targeted payment method – 63% of orgs report check fraud activity!

Upstream Fraud Prevention is Key

Upstream Fraud Prevention

Veryfi Power

• When: At point of document submission/onboarding
• What: Validates document authenticity before data enters your systems
• Purpose: Prevents fraudulent documents from even being processed

How It Works

Catch Document Fraud in Real-Time

The Veryfi Fraud Prevention Suite provides a sophisticated layer of protection that works alongside our core data extraction API. This comprehensive solution helps businesses identify potentially fraudulent documents before they enter your workflow, saving time and preventing financial loss.

Veryfi Fraud Detection Suite includes:

• PDF and Digital Document Analysis
• Image Forensics
• Text and Typography Analysis
• Physical Document Forensics
• Advanced Technical Methods
• Cross-Reference Validation

Stop GenAI Created Documents

Veryfi’s API delivers lightning-fast detection of AI-generated documents. Our advanced detection system instantly identifies synthetic documents created by leading AI platforms including ChatGPT, Stable Diffusion, MidJourney, GANs, and DALL-E.

What sets us apart? While competitors rely on basic metadata analysis that can be easily bypassed, our proprietary machine learning model performs deep structural analysis of document content. This comprehensive approach ensures reliable detection of even the most sophisticated AI-generated forgeries, giving you confidence in document authenticity verification.

Trust But Veryfi

Fraud can happen to anyone—no one is immune. Technology makes detecting it simpler, faster, and more accurate. When Veryfi’s executive team traveled to Canada, we used our own platform to track all expenses. That’s when we discovered it: fraudulent charges from a restaurant inside our hotel, One King West.

Layers of Protection Against Fraud

Comprehensive protection powered by AI and machine learning to safeguard your documents and transactions

Layer 1: Basic Document Validation

• Document Classification: High

• Validates that submitted file is actually a legitimate document using AI classification algorithms.

• Screenshot Detection: Medium

• Identifies digitally created documents vs. authentic paper-based originals.

• Screen Capture Detection: High

• Detects documents photographed from digital displays (monitors, tablets, phones).

Layer 2: Content Integrity Analysis

• Digital Tampering: Critical

• Advanced detection of Photoshop edits and copy-paste modifications in document photos.

• Handwriting Analysis: Standard

• Identifies manual alterations in fields expecting typed content.

• PDF Forensics: High

• Multi-layered PDF analysis detecting creation software and metadata inconsistencies.

Layer 3: Behavioral & Pattern Analysis

• Duplicate Detection: High

• Advanced similarity detection using image analysis and text comparison.

• Pattern Matching: Medium

• Analyzes text similarity patterns to identify template-based fraud.

Layer 4: Device & Identity Verification

• Risk Scoring: High

• Tracks historical fraud patterns from devices with previous violations.

• Blocklist Management: Critical

• Immediately blocks submissions from known fraudulent devices.

… and many more.

Veryfi Catches Fraud in Real-Time

• Veryfi’s Fraud Prevention system uses advanced computer vision and machine learning to identify manipulated photos in real-time. For digital alterations, it employs error level analysis, noise detection, and deep learning to spot pixel irregularities and metadata anomalies. Physical manipulations are detected through adaptive thresholding and forensic analysis of handwriting and ink properties. The system cross-references findings against a database of known fraud patterns, enabling robust detection of both subtle and overt manipulations across various document types, countering sophisticated fraud attempts in real-time.

• AI Generated Documents: Now is the best time to act and protect your business. Veryfi’s API can sniff out those digitally concocted receipts faster than you can say “expense reimbursement.” Whether it’s a ChatGPT masterpiece, a Stable Diffusion creation, MidJourney magic, GAN trickery, or a DALL-E special – our AI detective is on it.

• Duplicate Documents: Fraud Intelligence employs sophisticated algorithms to analyze image similarity and text content, enabling it to identify duplicate submissions of previously processed documents.

• Document Velocity Analysis: Veryfi’s Fraud Intelligence incorporates Document Velocity analysis to detect suspicious submission patterns in real-time.

• LCD Screen Capture Detection: Veryfi’s Fraud Detection technology can analyze photos to determine whether they originate from a digital display rather than a genuine physical document.

• Fraud History Analysis: Veryfi’s Fraud Intelligence utilizes Fraud History Analysis for enhanced real-time detection.

• Cross-Document Consistency & Entity Mapping: Veryfi cross-references data across every submission to expose hidden connections.

• EXIF Analysis: Veryfi’s fraud engine analyzes EXIF and file metadata to verify a document’s origin before it ever reaches your workflow.

• Speak to Human: Contact sales@veryfi.com to learn how Veryfi can help you stop fraud and check document integrity in real-time.