Top 5 Document Fraud Detection Software for MCA Brokers

Getting a steady flow of applications, bank statements, and financial records is tough enough, but the bigger problem is that not every document that lands in your inbox is authentic.

Fake statements, altered PDFs, and identity theft attempts can slip past manual checks, leading to lost money and compliance troubles.

On top of that, sorting through piles of paperwork takes too much time and leaves plenty of room for errors.

This is where document fraud detection software becomes a godsend. In this article, we highlight the top 5 document fraud detection software options that can help MCA brokers protect revenue, reduce risks, and speed up decision-making in 2025.

What Is Document Fraud Detection Software?

Document fraud detection software is a tool that helps organizations detect fraudulent documents quickly and accurately.

Instead of relying only on manual review, it uses automated document fraud detection to spot issues like forged signatures, altered dates, or mismatched layouts.

These fraud detection solutions combine optical character recognition (OCR), machine learning, and database checks to detect fraud in real time.

Financial institutions use it to prevent identity theft during customer onboarding and loan processing, while government agencies apply it to verify applications and fight fraud in public services.

The system analyzes not just the document itself but also metadata and transaction data to highlight suspicious activity.

When risks are found, it assigns alerts and scores so that staff can focus only on cases that need closer manual review.

Excited to simplify bank statement reviews? Schedule your demo today and see how Heron parses transactions, balances, and fraud risks in under a minute.

5 Best Document Fraud Detection Software in 2025

Document fraud continues to be a serious challenge for financial institutions, lenders, and government agencies. To solve this, businesses are taking advantage of the advanced technology available today to detect fraudulent documents quickly and accurately.

Below are five of the best software options to consider.

1. Heron

Heron is built to help funders and brokers stop fraud before it creates financial impact.

The software focuses on document verification and fraud prevention by scanning bank statements and other financial documents with advanced technology. It runs AI-powered checks to spot tampering, false claims, and irregularities in seconds.

You don’t need long manual reviews or slow document processing workflows. The platform automates submission intake, parses bank statements with 99%+ accuracy, and applies real-time fraud prevention across every file.

Underwriters receive structured, verified data that highlights red flags and shows whether applicants meet your funding rules.

Key Features

• AI-powered fraud prevention – Detects tampered or suspicious financial documents using advanced technology and fraud checks
• Document verification – Confirms that submitted bank statements and application files are complete, accurate, and match your underwriting rules
• Bank statement parsing – Processes around 90% of PDF statements with 99%+ accuracy in less than a minute and flags unprocessable files
• Automated document processing workflows – Standardizes file names, categorizes submissions, and creates structured records in your CRM
• False claims detection – Identifies inconsistencies in financial documents that signal potential fraud or misleading information
• Qualification checks – Applies your underwriting criteria instantly to highlight applicants that qualify and those who do not
• Dashboard insights – Provides enriched data such as true revenue, average balances, NSF days, and DSCR to guide faster funding decisions

Want actionable insights, not just raw data? Book your demo today and see how Heron enriches parsed statements into balance analytics and conversion-ready metrics.

2. Ocrolus

Ocrolus Detect is designed to help financial institutions stop fraud by verifying the authenticity of financial documents in real time.

The platform applies AI and machine learning to identity verification and document analysis, scanning for fraudulent activities, inconsistencies, and file tampering that manual checks may overlook.

With insights drawn from a large library of financial documents, Detect provides authenticity scores, signals, and visualizations to confirm genuine documents and reduce financial impact.

Key Features

• AI-driven fraud detection – Uses advanced models and a large document library to stop fraud by identifying fraudulent activities in financial documents
• Identity verification – Confirms the legitimacy of documents to support onboarding and lending decisions
• Authenticity scoring – Generates a score that reflects whether documents are genuine or potentially altered
• Tampering signals and visualizations – Highlights anomalies and pinpoints changes made to documents
• Workflow automation – Enables customized document processing workflows to save time and reduce review effort

3. Resistant.ai

Resistant AI’s Document Forensics is designed to check documents for fraud that manual reviews cannot detect. The software examines bank statements, tax forms, invoices, IDs, and many other types of financial documents, analyzing them in PDFs or image formats.

The tool supports fraud prevention across underwriting, onboarding, insurance claims, and screening processes.

Resistant AI also supports ongoing monitoring of documents and allows businesses to customize fraud detection according to their risk tolerance.

Key Features

• AI-powered document fraud detection – Uses Resistant AI technology to analyze documents in over 500 different ways for signs of tampering or forgery
• Ongoing monitoring – Continuously checks documents for fraudulent activities to protect against both isolated attempts and organized fraud schemes
• Language and document agnostic – Works with any type of document in any language while protecting customer privacy
• Actionable verdicts – Provides clear verdicts with explainable evidence instead of generic risk scores
• Custom fraud rules – Allows businesses to set specific document acceptance and risk thresholds that align with internal policies

4. Fortiro

Fortiro is a technology platform that helps financial institutions detect document fraud and verify financial information.

The platform runs more than 100 automated fraud checks on financial documents, including PDFs, scans, and photos, to identify signs of tampering.

The platform combines automated checks with investigative tools, allowing users to visually inspect highlighted fraud indicators, uncover hidden text, and deconstruct document components.

Key Features

• Automated fraud detection – Runs over 100 fraud checks on financial documents in under 30 seconds to detect tampering
• Multi-layer analysis – Reviews document layout, content, and metadata to identify discrepancies or suspicious edits
• Fraud intelligence network – Leverages ongoing insights from thousands of documents processed each month to improve detection capability
• Configurable fraud score – Assigns a customizable score that quantifies document risk and supports workflow automation
• Investigator tools – Allows visual inspection of documents with overlays, hidden text detection, and PDF deconstruction for deeper analysis

5. Inscribe

Inscribe is an AI-powered platform that detects document fraud, including deepfake and AI-generated files. Its AI Agents analyze formatting, structure, metadata, and contextual details in financial documents to identify hidden inconsistencies.

By comparing information across multiple documents and validating applicant claims against external sources, the software helps uncover potential risk before it impacts financial institutions.

Inscribe provides real-time explanations of findings in clear language, allowing risk teams to act quickly and make informed decisions.

Key Features

• Deepfake and synthetic document detection – Identifies AI-generated and template-based forgeries that mimic genuine documents
• Potential risk assessment – Flags anomalies and inconsistencies to highlight areas of concern before decisions are made
• Comparing information across sources – Cross-references data between documents and external sources to confirm applicant claims
• Real-time explanations – Provides step-by-step reasoning in plain language to support transparency and customer trust
• AI-driven fraud prevention – Uses adaptive models trained on large datasets and refined by fraud experts for ongoing accuracy

Ready to trust your fraud checks? Schedule your live demo today and see how Heron delivers 99%+ accuracy with full transparency.

Benefits of Automated Document Fraud Detection Software

Automated document fraud detection software helps businesses manage fraud risks with greater speed and accuracy. Below are the key benefits explained in detail.

Prevention of Fraudulent Transactions

Fraudulent transactions can involve altered bank statements, fake IDs, or forged contracts.

The software detects inconsistencies in fonts, layouts, and signatures, stopping these documents before they are approved. This protects businesses from direct financial loss and also shields them from reputational damage.

For example, a funder that unknowingly approves loans with fake income documents risks would not only lose money but also damage trust with future customers.

Stronger Fraud Investigations

Investigating fraud manually is slow and expensive. Automated systems highlight high-risk cases using patterns found across multiple files, making it easier to spot serial fraud.

Investigators no longer waste time on harmless anomalies or false positives. The system can identify the same forged signature used across different loan applications, allowing investigators to connect cases more quickly and close them with stronger evidence.

Improved Compliance and Security

Industries such as banking and insurance must meet strict KYC and AML requirements.

Fraud detection software strengthens compliance by verifying sensitive information, confirming identity documents, and cross-checking data with trusted databases.

During a loan application, the software can verify income against submitted pay stubs and flag suspicious inconsistencies.

Faster Processing Times of Financial Documents

Traditional document reviews are time-consuming and often slow down applications, claims, or onboarding.

Automation reduces delays by instantly checking document details, allowing decisions to be made much faster.

An insurance agent using automated checks can approve legitimate customer applications in minutes rather than days using real-time detection. This not only improves efficiency but also frees staff from repetitive reviews.

Better Customer Experience

Legitimate customers benefit directly from fraud detection software. Faster verification means shorter wait times and smoother onboarding.

Customers applying for loans or insurance policies can get decisions quickly without sacrificing security.

At the same time, blocking fraudulent documents early keeps honest customers from being caught in lengthy investigations or unnecessary delays.

Integration Capabilities

Modern fraud detection solutions are designed to work with existing business operations. Many tools connect with loan origination systems, onboarding platforms, and compliance databases. This integration keeps workflows smooth while fraud checks run in the background.

For example, when a customer sends a bank statement, the software can instantly verify income and flag anomalies without disrupting the process.

Want faster fraud detection in your workflow? Book your demo today and watch Heron flag risks and parse key data instantly.

Stop Fraud Before It Impacts Your Business with Heron

Heron is built to prevent fraud and protect your business from fraud losses. Using intelligent automation, Heron parses, enriches, and validates a broad range of document types, including bank statements, applications, and financial reports.

It helps identify anomalies in real time, so your team can prevent fraud before it turns into costly financial losses.

Heron is trusted by 130+ firms for its ability to keep security standards high while reducing manual work.

Whether you’re worried about fraudulent applications, account takeover attempts, document authenticity, or inconsistent data, Heron turns unstructured files into structured, decision-ready insights.

How Heron Helps

Here's what Heron fully offers your business:

• 50% faster time-to-offer – Lenders cut turnaround times in half by automating submission intake and fraud checks.
• 2 FTEs freed for underwriting – Teams move staff from manual document reviews to higher-value underwriting work.
• 4x more document intake without headcount growth – Insurance firms scale inspection report workflows while keeping operations lean.
• 100+ human hours saved per week – Automated validation and enrichment eliminate repetitive tasks and reduce fraud risks.
• 75% lower processing costs – Businesses replace time-consuming manual entry with intelligent automation that flags anomalies instantly.
• 10,000 hours of work saved every week – Across clients, Heron handles a broad range of document types while meeting strict security standards.

Spend less, move faster, and handle more. Schedule a demo today and see how Heron makes it possible.

‍

FAQs About Document Fraud Detection Software

What is the best fraud detection software?

The best fraud detection software depends on your needs, but top options like Heron combine AI, machine learning, and real-time monitoring.

A strong software provider offers tools that help businesses spot unusual patterns and reduce risks, while also supporting compliance teams and improving operational efficiency.

What is the app that checks for fake documents?

There are several apps designed to detect fake documents, often using AI and image analysis. Tools like Heron can scan for signs of editing, mismatched fonts, or altered metadata, making them useful for businesses and compliance teams that need quick verification.

Can AI detect forged documents?

Yes, AI can detect forged documents by analyzing details that are easy for humans to miss. It looks for tampered text, irregular patterns, or digital traces left behind during edits, which helps compliance teams catch fraud faster and with better accuracy.

How to check if a document has been tampered with?

You can check if a document has been tampered with by reviewing its metadata, comparing it with the original copy, or using fraud detection software.

Many tools highlight changes in text, images, or file history, giving compliance teams a clear way to confirm authenticity.