Entitlements
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the problem
Too many taxpayer dollars go to the wrong recipients. For instance, the US Government estimates more than 10% of state and federal unemployment insurance has been lost to fraud 15 of the past 19 years. Such waste harms constituents, erodes public trust, and harms the most needy.
the solution
Use Cygnt to instantly and continuously validate beneficiary eligibility and authenticity. Not only save taxpayer money, but maximize societal benefit by uplifting the truly needy.
key benefits
- Tamper proof: Make it impossible for wannabe bad actors to hide true net worth and income.
- Signals only: Receive only the signals you need, and avoid the headache associated with handling personal and private information.
- Holistic: Our financial passports encompass users’ entire financial lives across financial institutions.
- Real-time: Uncover and act upon known red flags as they occur.
- Strong deterrence: Prevent would-be bad actors with opt-in monitoring that encourages good behavior.
- Increase trust: Build public trust by protecting tax dollars, while earning beneficary trust through respectful validations.