Introducing InfraRed: Modern software for detecting advanced document fraud

Document fraud has changed in recent times.

Synthetic identity fraud now costs the financial services industry tens of billions of dollars every year, and is projected to reach $50 billion by 2030. At the same time, the document fraud is becoming harder to detect because bad actors use real documents, only making changes that are imperceptible, even to a trained eye. And these methods are more accessible than they’ve ever been.

Yet many organisations still rely on detection tools or manual review processes designed for a much simpler era of fraud. Today, we are introducing InfraRed, a document fraud detection software built for advanced fraud.

Modern fraud needs modern tools

Traditional document fraud detection tools rely heavily on reviewing the elements of a document in comparison with a pre-existing template. These kinds of checks are effective against basic forgeries because the bad actors do not have access to real documents, so they create a fake document from scratch.

In content overlay fraud, bad actors have access to real documents, and only change key information on the document like names, photos, amount, and dates, using the same fonts or elements as contained in the document. The format of the document remains the same. The structure is correct. To the human eye, and to many fraud detection systems, nothing appears wrong.

When these cases are missed, the consequences compound. Fraud discovered late is significantly more costly than fraud caught early. And every fraudulent document that slips through presents a high risk of financial loss or reputational damage, especially in contexts where trust matters.

How InfraRed works

InfraRed takes a different approach to detecting fraud in documents. Instead of just checking whether a document looks right or contains the right elements, we focus on whether it has been edited or altered in any way.

We analyse underlying patterns within documents that indicate tampering, even when the document matches expected formats and passes visual inspection. This allows InfraRed to detect advanced forms of document fraud that are invisible to the human eye.

Our system is designed to work across multiple contexts and across industries, wherever documents are reviewed for decision making.

• For onboarding in fintech and marketplaces, InfraRed flags alterations in identity documents, proof of address and proof of funds/sources of income.
• For lenders, underwriters and real estate companies, InfraRed helps to determine whether documents submitted by applicants are genuine and unaltered.
• For employers, embassies, scholarship and fund providers, InfraRed supports due diligence, ensuring that the beneficiaries of a decision are who they say they are.
• For forensic investigations and legal proceedings, InfraRed evaluates the authenticity of documents presented.

Across contexts and use cases, InfraRed is the modern risk management tool for organisations building on the foundations of trust.

Our traction so far

InfraRed is live and working with early partners across fintech, micro-finance banks, and marketplace platforms operating globally.

Our partners use InfraRed to:

• Automate document reviews without compromising trust
• Reduce reliance on manual checks
• Detect advanced fraud earlier

Start detecting fraud now

If your team handles document verification at scale and is struggling with manual reviews, let’s work together!

Test InfraRed here.