Inside Inscribe, featuring the 2025 Document Fraud Report
Welcome to the February issue of Inside Inscribe, featuring the 2025 Document Fraud Report!
Fraudsters are getting more sophisticated, but so are the tools to stop them. Inscribe’s 2025 Document Fraud Report analyzes millions of documents, revealing trends like AI-powered fraud, fraudulent templates, and first-party fraud. It also highlights how AI Risk Agents are improving fraud detection. Keep reading for exciting product updates as well...
REPORT HIGHLIGHTS
Fraudsters are targeting bank statements more than ever
Bank statements accounted for 59% of all fraudulent documents detected — by far the most frequently manipulated document type. Payslips (11.7%) and utility bills (10.2%) followed, showing a strong focus on documents that establish financial credibility. As fraudsters refine their tactics, financial institutions must stay ahead with AI-driven verification solutions.
Template-based fraud is surging, requiring new detection methods
Fraudulent template use increased by 50% from 2023 to 2024, signaling a major shift toward systematic, AI-enhanced fraud attempts. This rise underscores the need for advanced fraud detection systems that can recognize manipulated templates at scale and adapt to evolving fraud patterns.
AI Risk Agents are making major headway in fraud prevention
Our AI Fraud Analyst reduces document review time from 10 minutes to just 72 seconds — an 88% efficiency gain. This advancement allows fraud teams to shift from manual review to higher-value strategic work, significantly reducing fraud risk while improving operational efficiency.
Want a recap of the report?
Check out the latest episode of Good Question featuring Matt Overin, Manager of Fraud Risk Management at Logix Federal Credit Union, and Daragh McMeel, Risk Operations Manager at Inscribe.
PRODUCT UPDATES
Introducing our latest AI Risk Agent: The AI Compliance Analyst (Beta)
Our AI Compliance Analyst is now available in beta and combines detailed document analysis with rich data sources like Secretary of State records to instantly verify business legitimacy. It performs key checks on incorporation status, web presence, adverse media, transaction activity, funding sources, and beneficial owners — catching risks that humans may miss and speeding up your onboarding process. Check out these impressive results from recent enterprise proof-of-concepts:
- 80% automation of Secretary of State checks
- 35%+ automation of the entire KYB workflow
- 95%+ precision in detecting KYB red flags
Our beta is exclusive and filling up fast — don’t miss out! Request a demo to secure your spot!
LLM-based detectors, Global Search, and more
Did you know we recently added new LLM-based fraud detectors? Since releasing a number of new LLM-based detectors last year, we've seen a 4% increase in new fraud caught!
Plus, we recently launched a new Global Search feature that makes finding what you need across documents and customers from anywhere in the web app easier. It even supports full-text search, meaning if you search for "Wells Fargo," it will scan document text in addition to customer names and document titles.
UPCOMING EVENTS
Will you be at these upcoming events?
Inscribe will be at Fintech Meetup and Fraud Fight Club! If you'll be there too, we'd love to buy you coffee. Just email us at marketing@inscribe.ai to let us know.
We hope you enjoyed this month’s updates! Look out for more next month.
If you want to learn more about any of the updates included here, request time with an AI expert from our team.
