Incognia Unveils AI-Driven Scam Prevention Tool for Fintech

• •Incognia's new tool targets authorized-payment fraud and social engineering.
• •The solution identifies high-risk connections using a patented location technology.
• •In pilot tests, it successfully flagged 70% of scam transactions.

Incognia has launched a Real-Time Scam Prevention solution aimed at combating authorized-payment fraud and social engineering schemes in the fintech sector. The tool utilizes a patented 'Physical Social Graph' to analyze physical relationships between senders and recipients, identifying high-risk connections that traditional methods may overlook. In a pilot study with a major financial institution, the technology detected approximately 70% of scam transactions, even when they appeared legitimate. This solution comes amid a surge in impersonation scams, with the FTC reporting $3.5 billion lost to such schemes in 2025. The AI model integrates various risk signals, including mule-account detection and device integrity monitoring, to provide real-time risk assessments. Incognia aims to enhance security by focusing on long-term behavioral patterns rather than just immediate transaction data. The launch reflects a growing need for advanced fraud prevention tools in an increasingly complex financial landscape.