Case Study: Lithic eliminates fake applicants and secures hiring with Tofu Fraud Detection

Lithic Eliminates Fake Applicants and Secures Recruiting Pipeline with Tofu Fraud Detection

Lithic, a leading fintech infrastructure company, faced significant challenges with fraudulent applicants overwhelming its recruiting pipeline. These fake candidates consumed valuable time with manual verification and compromised hiring velocity. To address this, Lithic turned to Tofu's fraud detection service to secure its hiring process.

Tofu implemented an automated solution that integrated directly with Lithic's ATS, using AI to analyze applicants across multiple databases for authenticity. The results were immediate and substantial: Tofu helped Lithic achieve a 99% reduction in fake applicant phone screens and completely eliminated their manual verification processes, securing their recruiting pipeline with a single click.

Lithic

Morgan Stanley

Head of People