Incode launches TrustGraph network to share anonymised fraud signals across banks

Incode has launched TrustGraph, a network in which banks, fintechs and other institutions share de-identified fraud and trust signals using secure multi-party computation, without exchanging customer records. Early participants reported detecting up to 53 percent more fraud across 12.2 million sessions, and the system can link a person to prior fraud even when names, documents or devices change. It is a vendor-reported result, but it shows biometric identity verification being tied into a cross-institution network that scores and screens participation in financial services.