"Identity ≠ Intent: Why $8.3B in Fraud Losses Demand a New Approach."

Following our recent announcement about joining the Tampa Bay Wave Accelerator, we're proud to be featured alongside 14 exceptional cybersecurity innovators tackling the industry's most pressing challenges.

What stood out in the announcement: This cohort brings together founders from Microsoft, IBM, American Express, DARPA, McKinsey, and leading academic institutions, including Brown, Yale, Harvard, and MIT. Collectively, we're addressing critical gaps in threat detection, secure systems design, and risk management.

RTScale AI's role in this mission:

We're solving a $8.3B problem that's projected to nearly double by 2028: Real-time payment (RTP) and Authorized Push Payment (APP) fraud.

The challenge? Modern security verifies who the customer is, but fraudsters now attack why they act. Deepfakes defeat biometrics. Social engineering bypasses identity entirely. Customers unknowingly approve their own fraud.

Our Behavioral Trust Layer changes this paradigm. Using our State-of-Mind Model (SoMM), we detect coercion, deepfakes, and intent anomalies in real-time — before funds move — giving banks something no other system provides: real-time insight into customer intent.

With access to 220+ subject matter experts and direct connections to fraud leaders at Bank of America, JP Morgan Chase, and other major institutions through this program, we're accelerating our mission to build the next foundational layer of AI security.

As Tampa Bay Wave president Linda Olson noted: this cohort is "positioned to tackle today's most pressing cybersecurity challenges."

The future of fraud prevention starts with verifying not just identity, but intent. And it's being built right here in Tampa Bay.

Read the full announcement: Yahoo Finance article. Learn more about our solution: rtscale.ai

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