Lending fraud detection
Detect fabricated income and doctored bank statements before you disburse a loan. Uncover round-tripping, pass-through transfers and statement tampering at underwriting, with an explainable verdict your credit team can act on.
- Round-tripping and pass-through detection
- Tampered statement detection
- Explainable verdicts with confidence levels
- Authenticity, affordability and conduct in one view
- Application
- LN-5530-KQ
- Product
- Personal loan
- Requested
- £25,000
Flagged statement lines
£2,000 sent and returned by the same account
3 to 5 March, round-tripping
£2,000Round-tripSalary credit forwarded out almost immediately
12 March, pass-through transfer
£3,200Pass-throughRunning balance does not reconcile
Page 2, statement tampering
−£740TamperedDormant account reactivated before applying
Long-dormant account, reactivated just before applying
Dormant
Each finding carries a reason code and confidence level for the credit file.
- At submission
- A verdict returned while the application is being underwritten.
- Coded reasons
- Every flagged pattern has a reason code and confidence level.
- Composite verdict
- Statement authenticity, affordability and repayment conduct combined.
- Before disbursement
- Findings arrive before any funds go out.
Underwriting evidence, not guesswork
Go beyond a manual glance at a PDF statement. Vyndarix analyzes submitted transaction history for signs of fabricated income and document tampering, then returns a verdict your team can defend.
Statement authenticity checks
Detect tampered bank statements: broken running-balance math, mismatched opening and closing figures, and transactions that change amount across re-submissions.
Fabricated income detection
Identify round-tripping, rapid pass-through transfers, funnel accounts and dormant-account reactivation used to manufacture the appearance of regular income.
Affordability and repayment insight
Combine statement analysis with behavioral and repayment-conduct signals for a fuller picture of an applicant's real capacity to repay.
Explainable, contestable verdicts
Every flagged pattern comes with a coded reason, a confidence level and a recommended next action your credit and compliance teams can stand behind.
Underwrite with confidence
Give your lending and compliance teams a real-time, explainable verdict on every application before funds go out, without slowing down good borrowers.
- Real-time verdict at the point of underwriting
- Detects fabricated income and doctored statements
- Explainable findings with confidence levels
- Authenticity, affordability and repayment conduct in one view
- One investigation workspace and audit trail across your risk program
- Extends your existing Vyndarix deployment, with no separate system to manage
What gets flagged
- Round-tripping
- Pass-through transfers
- Funnel accounts
- Statement tampering
- Dormant reactivation
- Beneficiary concentration
- Structuring
- Velocity escalation
Questions about lending fraud detection
What is lending fraud detection?
Lending fraud detection identifies applicants who fabricate income or manipulate bank statements to qualify for a loan, using patterns like round-tripping, pass-through transfers, and statement tampering.
How does statement authenticity checking work?
Submitted bank statements are checked for signs of tampering, such as broken running-balance math, mismatched opening and closing figures, or the same transaction appearing with a different amount across re-submissions.
Does lending fraud detection work with our existing fraud and compliance tools?
Yes. Lending fraud detection extends the Vyndarix platform, so findings appear alongside your existing fraud and AML cases in the same investigation workspace and audit trail.
Stop fabricated income before it reaches underwriting
See how Vyndarix gives your credit team an explainable, real-time verdict on every application.