Financial services
Approve good customers faster than AI fraud can adapt
Stop AI-driven fraud, stay compliant, and onboard legitimate customers without friction. Every identity clears independent layers of defense.
We secure identities across financial services worldwide
AI identity verification and KYC compliance, proven where fraud pressure is highest.
What financial institutions are up against
A new era of fraud for financial institutions
Generative AI and agentic fraud have created threats that legacy security systems cannot contain. Deepfake incidents in the fintech sector grew 700% in a single year (Deloitte).
Deepfakes at the front door
Generative AI builds convincing deepfakes and synthetic identities that walk past outdated verification. 96.4% of financial services professionals now call it a top-of-mind concern (Incode survey).
Complex compliance demands
KYC and AML requirements keep evolving across jurisdictions, alongside new reimbursement mandates and data-sharing rules.
Security versus growth
Rigorous verification frustrates customers, and fast onboarding opens security gaps. Most institutions are forced to pick one.
Agentic fraud
Autonomous agents run the full attack without a person directing each move: generate the media, submit it, read the rejection, retry. Digital injection attacks grew 55% year over year.
Incode solutions
Built for financial services
Coverage across the full identity lifecycle, from the first onboarding check to every high-risk transaction that follows.
KYC and AML compliance
Customer due diligence with watchlist, sanctions, and PEP screening, ready across more than 190 countries.
Learn moreIdentity Verification
Automated document, biometric, and liveness checks that onboard customers in seconds, not minutes.
Learn moreDeepfake detection
Deepsight stops deepfakes, injection attacks, and synthetic media before they reach your systems.
Learn moreBusiness verification (KYB)
Verify companies and their ultimate beneficial owners before they touch your rails.
Learn more99%
fraud reduction
40%
higher conversion rates
11x
faster onboarding
User experience
How it works
One identity for every interaction, verified in real time.
Why financial services companies choose Incode
Independent layers of defense for every identity
Fraud that adapts will eventually fool any single check. Incode verifies every identity across independent layers, each reading a different signal, in milliseconds. Good customers pass without friction while fraud has to beat every layer at once.
Document verification
AI-powered detection of paper forgeries, screen spoofs, and digitally generated IDs.
See it in actionBiometric liveness
Liveness detection confirms a live person is present and matches the face to the document in milliseconds.
See it in actionAI-generated document detection
Deepsight for Documents catches forged, tampered, and fully synthetic IDs, fraud that template checks and barcode validation were never built to see. 8.8x more fraud caught than document checks alone.
See it in actionGovernment-record biometric matching
GovFaceMatch verifies a live selfie against DMV records instead of documents, so there's nothing to forge. 6x faster, 20% higher conversion, 150x lower false acceptance vs document-based verification.
See it in actionAgentic fraud detection
Agentic Identity securely identifies and continuously monitors autonomous AI systems to prevent fraud, ensure compliance, and build trust.
See it in actionPrivacy is the architecture
We made privacy a founding conviction long before regulation or the market asked for it. Incode's AI-first identity verification reduces fraud while remaining private and compliant.
Read the ManifestoCase study
Citi runs the Incode orchestration platform to drive the digitalization of banking, onboarding customers remotely with automated identity verification.
Citi · Banking · LATAM
Read the story
FAQ
Common questions about identity verification for financial services
Still have questions? Talk to an expertWhy do financial services companies need identity verification?
Financial institutions are legally required to verify customer identity under KYC and AML regulations, including the Bank Secrecy Act, FinCEN CIP rules, and EU AML Directives. Non-compliance risks fines, license revocation, and reputational damage.
What is agentic fraud, and why does it matter for financial institutions?
Agentic fraud is identity fraud run by an autonomous AI agent that generates deepfakes and synthetic documents, submits them, learns from each rejection, and retries at scale. It matters for financial institutions because your fraud controls assume attacks are limited by human effort, and this one isn't: it probes until it finds your weakest point, at the cost of compute. Stopping it takes layered defense across both the media and the capture path. Learn more about agentic fraud here.
How does AI identity verification speed up financial onboarding?
AI identity verification reduces onboarding from days to seconds: it verifies documents and biometrics in a single automated flow, with no manual review queues. That directly improves conversion rates and reduces abandonment at account opening.
How does biometric verification reduce fraud in banking?
Biometric authentication at login, high-value transactions, and account recovery closes the gap that password-based systems leave open. It prevents account takeover, social engineering, and fraudulent transaction authorization.
What compliance frameworks does Incode's financial services solution support?
Incode supports compliance with FinCEN, FATF, GDPR, CCPA, PSD2, and regional equivalents, with built-in audit trails, risk scoring, and case management designed for regulated financial environments.
Resources
Resources on financial services
Incode Named a Leader in the 2026 Gartner® Magic Quadrant™ for Identity Verification for the Third Consecutive Year
Incode is named a Leader in the 2026 Gartner Magic Quadrant for Identity Verification for the third consecutive year. Download the report.
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Incode and Interac Join Forces to Provide Superior Identity Verification in Canada
Incode and Interac partner to strengthen identity verification in Canada, adding deepfake detection and document verification to Interac Verified™.
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Stop Accepting “Good Enough” Identity Verification
Government agencies lose billions to fraud when identity verification falls short of NIST standards. See why “good enough” is no longer sufficient.
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