Press release
DAT Announces Industry’s First AI-powered Identity-Verification Solution to Combat Fraud
BEAVERTON, Ore.--(BUSINESS WIRE)-- DAT Freight & Analytics today introduced the first purpose-built, AI-powered identity fraud detection and prevention
About this update from Roper Technologies, Inc.
[{"type":"text","content":" BEAVERTON, Ore.--(BUSINESS WIRE)--\nDAT Freight & Analytics today introduced the first purpose-built, AI-powered identity fraud detection and prevention platform through a partnership with Verosint, to help prevent the unauthorized use of customer login credentials and combat the growing threat of identity theft in trucking and logistics.\n\n\nThrough this new technology, DAT can now leverage AI and machine learning to validate user identities and scrutinize suspicious accounts. Users of the DAT network can now:\n\n\n\nVerify the identity of the entities they are doing business with.\n\n\n\nEnsure the legitimacy of load postings on the DAT load board.\n\n\n\nMonitor, detect and block fraud in real time.\n\n\n\nLeverage industry-leading DAT rules, signals and intelligence to identify signatures and block fraud.\n\n\n\nDAT’s AI-powered identity-verification solution is powered by Verosint and works in the background to maintain a secure and seamless login experience for legitimate users. It harnesses DAT’s expertise in data, analytics, and generative AI to detect potential fraudulent activity and stop unauthorized access to DAT One, the industry’s largest freight marketplace and analytics platform.\n\n\nStephen Shoaff, CEO & Co-founder of Verosint says: “Identity based cyber crime is challenging all businesses and account fraud is a key enabler of these crimes. We are thrilled DAT chose our platform to monitor all identity transactions for real-time detection and prevention of fraud. Our combined expertise will deliver the industry’s highest protection against fraudulent identity events, setting what we believe to be a new standard.”\n\n\nThe partnership is a significant step in DAT’s multifaceted fraud-prevention program announced earlier this year. The program includes:\n\n\n\nPredictive fraud detection, identity verification and multi-factor authentication to detect and stop suspicious logins.\n\n\n\nAn expanded Network Integrity Unit (NIU) dedicated to investigating reports of fraud and maintaining DAT as the most trusted freight marketplace.\n\n\n\nAnti-fraud education and training for customers.\n\n\n\nCollaboration with customers and industry partners, law enforcement agencies and regulators in the fight against fraud.\n\n\n\nLike so many other industries, the truckload freight market has been plagued by bad actors looking...