Fraud Prevention Technology & Risk Intelligence

Synectics’ AI-powered analytics engine, Precision, is a highly configurable predictive analytics model designed to automate the discovery of hidden fraud patterns, reduce false positives, and sharpen decision-making—in real time. The powerful combination of consortium data, artificial intelligence and human intelligence delivers:

• Proven uplifts in fraud detection
• Fewer unnecessary referrals
• Advanced scenario modelling 
• Unique pattern prediction
• Bespoke models tailored to your risk appetite

Whether you're onboarding, screening or assessing risk, Precision gives you the intelligence to act decisively—without slowing down.

SynDoc is the only fraud-focused document verification tool that allows you to match and compare evidence against a large cross-sector library of fraudulent documents and images.

Further features include metadata analysis, web image lookups, Error Level Analysis (ELA) and AI image and document forensics.

Speed up operations by automating the detection of document fraud and uncover manually altered, exaggerated or fake verification, enquiry and claims evidence faster.

For Insurance that means faster claims processing, built-in fraud detection and ultimately a reduction in false payouts.

For Banking, that means mitigating direct financial risks without impacting customer onboarding through real-time onboarding document validation, built in AML and fraud checks.

SynID enables real-time identity verification and fraud risk scoring—at the point of onboarding and beyond. 

An out of the box solution to support digital identity verification, SynID uses authoritative databases from both the public and private sectors, including reference data and feedback from national fraud databases to ensure your customers are who they say they are.

For Banks, Insurers and Identity Service Providers (IDSPs) that means digitally approving good customers in real time, reducing the risk of fraud exposure whilst maintaining frictionless customer onboarding journeys, even for applicants with thin credit files that were previously rejected.

GPG45-ready, developed with built-in KYC and AML support and proven to onboard 10% more good customers while reducing dropouts by 50%.

Sonar is an ongoing risk monitoring solution developed to provide continuous screening for existing customers.  

It is the only ongoing monitoring tool that combines fraud detection and AML risk management into a single, automated system, making it easier to comply with the Money Laundering Regulations Act and the FCA’s KYC guidelines.

• Regular screening against PEPs and Sanctions lists
• Increased scrutiny where risk is identified
• Proactive fraud alerts for on-book customers

75% of Money Mules would slip through the net if relying solely on point of application checks alone. Using automated intelligence alerts, customised to your business to monitor portfolios for emerging and ongoing financial crime risks, you can stop fraud before it starts.

The NFI data syndication programme is run by Synectics on behalf of the Cabinet Office. This sophisticated data matching programme aims to prevent and detect fraud both within and between public and private sector organisations. Datasets include Public Sector payroll, Student Loan data, UK Council Tax data and much more, and can be made available to Private Sector clients via API.

The NFI has been running for over 25 years and has identified billions of pounds in fraud and overpayments, delivering significant impact to public finances.