North AmericaA consumer fintechProven on their own customers. Then they signed.85%of fraud stopped at sign-upRead the story
Digital banks & neobanks
Fraud prevention for digital banks, with instant onboarding.
Your customers sign up from their phone, often with no credit history. So do the fraudsters.
85%of fraud stopped at sign-upA consumer fintechDigital banking fraud statistics: remote onboarding under attack.
Forged documents and deepfakes now come at the speed of software.
Deepfakes
Every 5 minutes
a deepfake attempt on identity checks, in 2024
Faces made by AI, aimed at selfie and video checks.
Forged documents
+244%
digital document forgeries in a single year
Year on year, from September 2023 to August 2024.
Generative AI
$40 billion
in US fraud losses that generative AI could enable by 2027
Up from $12.3 billion in 2023: 32% more every year.
Onboarding fraud at digital banks, and how to keep sign-ups instant.
Today
A sign-up in a few taps. For fraudsters too.
Today
Your best prospects have no credit file.
Today
Fraud rings open accounts in batches.
Customer results in digital banking.
What they needed, and what they measured.
North AmericaA consumer fintechProven on their own customers. Then they signed.85%of fraud stopped at sign-upRead the story
MexicoA digital bankAbout 1 in 4 applicants had no legacy credit score. Monnai returned a risk score for 98% of them.98%of applicants with no legacy credit score got a risk scoreRead the storyGet answers about digital banking
How do neobanks prevent fraud without slowing down sign-up?
Check every sign-up in the background, from what customers already give. Monnai reads the phone, the email and the IP at sign-up and returns red flags and good signals in plain words, with phone and email answers in a few hundred milliseconds, so onboarding stays instant.
How can a digital bank spot fraud rings opening accounts in batches?
Each account looks clean on its own; together, they share phones, emails and connections. Network Intelligence, included in Phone Intelligence and Email Intelligence, shows how many identities share a number or an address, and sudden bursts of activity, so the links between accounts stand out.
Can a neobank offer credit to customers with no credit file?
Yes. The young, mobile-first customers digital banks are built for are often the ones legacy credit scores miss. Monnai scores them from the digital lives they already have, their phone, email and digital footprint, with a Risk Score from 0 to 999 and its reasons.
Can Monnai run alongside our document and selfie checks?
Yes, and ahead of them. Monnai checks every sign-up silently, from the details customers already give, so real people go straight through and only the doubtful few are sent to documents and selfies. Your KYC stays in place, and fewer good customers face it.
Can we try Monnai on our own sign-ups before we sign?
Yes. A North American consumer fintech tested Monnai on its own customers first, then signed; 85% of fraud was stopped at sign-up. Send past sign-ups or applications and we score them offline, with no integration. Your full report arrives within 5 business days.
Let us prove it. Test us on your data.
Send past applications or transactions. We score them and send back a full report: every score with its reasons, and the uplift for your portfolio.
5 business days to your full report. We commit to it.