Account creation · Onboarding · Fintech · Neobanks

Stop fraudulent accounts before they're created

Fraudulent account creation is the entry point for almost every downstream financial crime — money mule activity, authorised push payment fraud, account takeover, and synthetic identity abuse. TDS Risk screens the mobile number before onboarding begins — before your KYC provider runs, before your IDV check, and before an account is provisioned.

✓Sits upstream of KYC and IDV — screens mobile numbers before your expensive identity checks run

✓Catches SIM swaps, synthetic identity signals, and lost/stolen devices at the front door

✓Mobile KYC returns granular identity match — name, address, DOB against carrier records

✓isLostStolen flag catches device-based account takeover at the point of application

✓Signed audit trail is FCA, ICO, and FOS audit-ready on every single check

<2s

Per check

UK carriers

<1hr

To go live

£0.35

Flat rate

Trust Score — Live Live signal

820 / 1000

riskLevel

4 — 720h+

lineType

mobile

phoneRisk

false

carrier

Upstream Impact Pays for itself

Upstream Checks Run

90,000

Bad Submissions Blocked

19,800 / month

Downstream Cost Avoided

£138,600

Net Monthly Impact

+£107,100

Example Trust Score response 200 OK

{ "trustScore": 820, // 0–1000. Higher = more trusted "riskLevel": 4, // 4 = no SIM swap in 720+ hours ✓ "simTimestamp": "2023-05-22T03:48Z", // Last SIM event "indicators": ["OL"], // OL = ownership >45 days ✓ "carrier": "EE", // Mobile network "lineType": "mobile", // Not VoIP, not landline ✓ "phoneRisk": false, // Not on shared fraud lists ✓ "callInSession": false, // Not call in session ✓ "countryCode": "GB" }

The problem

What fraud costs your business today

🏦

Money mule account creation

Fraudsters create accounts using synthetic or borrowed identities to receive and forward fraudulent funds. Often undetectable until after the account is active.

🔄

Account takeover via SIM swap

Criminals swap a victim's SIM, intercept 2FA codes, and reset credentials to take over existing accounts — or create new ones in their name.

💸

KYC cost on bad submissions

Full KYC journeys — document verification, selfie checks, liveness detection — are expensive. Running them on fraudulent submissions wastes significant budget per application.

🤖

Synthetic identity onboarding

Fabricated identities combining real and fake data pass document checks. S1–S4 synthetic identity codes from carrier data catch patterns invisible to document-based checks.

We were running full KYC on every application before any fraud filtering. TDS Risk sits in front of it now — we only run KYC on applications that pass the carrier screen. Our KYC cost dropped by 40% in the first month.

CTOUK neobank

⬆ Upstream check

TDS Risk sits before your KYC and IDV provider. SIM swaps, synthetic identities, and lost/stolen devices are caught at step one — before you spend £1.50–£5 on a full KYC check on a submission that was fraudulent from the start.

£0.35

Trust Score / check

<2s

Response time

Where TDS Risk sits

Upstream. Before the costs hit.

TDS Risk doesn't replace anything in your stack. It sits before it — catching bad submissions before they trigger the processes that cost you money.

← You are here

📡

TDS Risk check

Trust Score + Mobile KYC. SIM swap, synthetic identity, isLostStolen.

£0.35–£0.45

→

Step 2

🪪

KYC / IDV check

Document verification, selfie, liveness. Expensive per submission.

£1.50–£5.00

→

Step 3

🔍

Fraud bureau check

CIFAS, National Hunter. Known fraud databases.

£0.50–£2.00

→

Step 4

🏗️

Account provisioning

Account created, systems updated, onboarding comms sent.

£2–£10

→

Step 5

❌

Fraud discovered

Money mule activity, APP fraud, regulatory action.

£500+

The maths is simple: if your combined downstream cost per fraudulent submission exceeds £0.35, and TDS Risk catches even a fraction of those submissions, the upstream check pays for itself — while protecting every system downstream.

6–12%

Typical fraud rate in digital account creation flows

£5–£15

Average KYC + fraud bureau cost per application reaching full check

£0.35

Cost of a TDS Risk Trust Score check — before KYC runs

£0.45

Cost of a Mobile KYC check — replaces or supplements document IDV

Signal depth

The carrier signals that matter most for account creation

These are the fields your risk logic should act on for this use case. Every response includes all of these — plus the full reason code set.

isLostStolen

boolean (KYC)

Critical flag — handset reported lost or stolen. Highest-confidence account takeover signal available.

riskLevel

integer -1 to 4

SIM swap recency. riskLevel 1 = SIM swapped in last 24 hours — block or escalate immediately.

verified

boolean (KYC)

Overall identity match. Does the submitted identity plausibly match the carrier account?

nameScore

integer 0–100 (KYC)

Granular name match score — catch name mismatch and synthetic identity early.

addressScore

integer 0–100 (KYC)

Address match with postal code precision (P3/P5/P9). Strong synthetic identity signal when mismatched.

trustScore

integer 0–1000

Composite carrier score. Use as a gate before expensive KYC runs.

Reason codes to watch

These reason codes appear most frequently in account creation fraud patterns. Build your decision logic around them.

S1Synthetic identity — multiple SSNs detected

S2Synthetic identity — multiple DOB records

S3Synthetic identity — unusual relative name patterns

S4Synthetic identity — SSN issued before DOB

OVOwnership tenure <7 days — very high risk for new accounts

DVHigh device change velocity — account takeover signal

CACommon addresses across unrelated identities — fraud ring

OOVerified, ownership 5+ years — very low synthetic risk

Stop fraudulent accounts at the application stage.

Carrier signal screening before your KYC runs. Under 2 seconds. £0.35–£0.45 per check. No credit file impact.

£0.35 per check · Credits never expire · Does not affect credit files · ICO Reg. ZB300553

Stop fraudulent accounts before they're created

What fraud costs your business today

Upstream. Before the costs hit.

The carrier signals that matter most for account creation

Stop fraudulent accounts at the application stage.

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