OSINT for Banking & FinTech
Enhance KYC, catch synthetic identities before account opening, and screen counterparties at the speed of an API call.
Overview
Synthetic identity fraud is now the fastest-growing financial crime in the US — projected $23B in annual losses by 2030. Traditional KYC vendors return clean reports for fraudsters who built their identity from real (but stolen) PII fragments. OSINT solves this by checking whether the applicant's digital footprint matches a real human: social presence, multi-year breach history, consistent phone-email pairing.
Banks and fintechs use Skopio as a layer on top of traditional KYC: when the bureau returns 'verified' but the applicant has zero digital footprint, that's a red flag for synthetic identity. Skopio also handles ongoing monitoring (breach watch on customer emails) and counterparty due-diligence on the corporate-banking side. Compliance: Skopio is GDPR-aligned, source-cited for audit, and never stores raw PII beyond hashed query records.
4 concrete banking & fintech workflows
Real scenarios, real outcomes.
Synthetic identity screening
New account application from John Smith, SSN-verified, credit file 8 months old.
Skopio finds zero social media, no breach exposure, phone activated 60 days ago. Synthetic-identity score: HIGH. Application escalated to manual review.
Sanctions and PEP screening
Corporate banking onboarding a new shell company with foreign UBO.
Skopio runs UBO name + DOB through OFAC, EU sanctions, UK HMT, plus open-source PEP databases. Returns 1 match on EU sanctions list. Onboarding declined.
Account-takeover early warning
Existing customer's email appears in newly disclosed breach corpus.
Skopio breach-watch fires webhook to bank. Bank proactively forces password reset + MFA enrollment, prevents 90% of likely ATO attempts.
P2P-payment fraud screening
First-time large transfer from new account to unknown recipient.
Skopio reverse-checks recipient's phone — appears in 3 scam databases. Bank delays transfer 24h with optional cancel.
Most useful Skopio categories
For banking & fintech workflows.
Skopio is GDPR-aligned and supports SOC 2 Type II audit requirements. All queries are logged with hashed input, source citations, and timestamps. For US banks, integration into KYC programs should be reviewed by compliance for FCRA applicability. Skopio is not a credit-reporting agency.
Frequently asked questions
How does Skopio compare to LexisNexis Risk or Refinitiv?+
Skopio is complementary, not replacement. Traditional vendors excel at structured-PII verification (SSN, address). Skopio excels at digital-footprint verification (does this person exist online with multi-year history?). Banks use both — Skopio adds the OSINT layer at lower cost.
Can we use Skopio for ongoing monitoring (perpetual KYC)?+
Yes — breach-watch monitors customer emails for new exposure. Sanctions-watch re-screens the customer base on a configurable cadence. Webhook alerts on positive hits.
Is OSINT data admissible in SAR filings?+
Findings should be treated as supporting context, with the underlying source cited. Skopio includes source links in every report so SAR narratives can reference original public information directly.
What about non-US compliance?+
We support EU (GDPR, AMLD6), UK (MLR), Singapore (MAS Notice 626), and have customers in 12+ jurisdictions. Source-cited reports help auditors verify provenance.
Pricing for high-volume use?+
Enterprise plan starts at 100K queries/mo with custom SLAs. Contact our sales team via /support in the bot or the contact button on the homepage.
Skopio para banking & fintech
Empieza gratis o habla con nuestro equipo sobre el plan Enterprise.