Fraudio

Fraudio offers payment fraud and AML solutions using advanced AI technology. The company aims to simplify and disrupt the fraud detection and anti-money laundering industries. They provide solutions for card payment fraud detection, merchant-initiated fraud, anti-money laundering, authorised push payment fraud detection, and money mule detection. The solution operates on a SaaS, pay-per-use model, with strong network effects where all customers connect to the same centralized AI. Fraudio claims to deliver up to 30x better results compared to single dataset models, resulting in significantly fewer false positives and lower operational costs while maximizing conversion. The platform is designed to be future-proof, with continuous machine learning updates and scalability, ensuring ongoing protection and value from day one. Fraudio helps companies of all sizes in the payments ecosystem fight financial crime more intelligently.