Use Cases

Fraudsters are increasingly leveraging GenAI to intercept and interfere with liveness detection solutions during the KYC process. This lets malicious actors enter the financial ecosystem, where they then wreak havoc by laundering money or committing other forms of financial crime. One such GenAI threat is the use of digital injections. Find out more here.

How are money mules recruited and exploited? Read the psychological tactics employed by fraudsters to coerce victims into completing payment requests, or divulging their sensitive financial details. Knowing how to spot the red flags of money mule activity can prevent these unwitting mules from becoming accomplices in funding global crimes like financing terror, drug trade, human trafficking, and more.

Money laundering is the process through which the proceeds of criminal activity are infused into the financial ecosystem and its criminal origins are concealed. This process of "laundering" to convert dirty money into clean money usually has three distinctive stages, each with its own goal and challenges. We explain these in detail and also provide tactical and structural solutions to blocking financial criminal activity at every stage.

In response to international pressures and the specific vulnerabilities identified within its borders, the Indian government enacted the Prevention of Money Laundering Act (PMLA) in 2002. This crucial legislation aimed not only to curb the increasing tide of financial crimes but also to align India's financial security measures with global standards, ensuring a safer and more robust financial environment domestically and internationally. Here's an explainer of India's AML landscape.

Debt collection is a crucial yet challenging aspect of the lending industry. Having effective recovery processes in place not only safeguards your bottomline but also contributes to a healthier financial ecosystem. This article explores how making informed decisions can lead to more efficient and compliant debt collection strategies.

Fintech's thrilling innovations are shadowed by the rising threat of identity theft, as crafty cybercriminals exploit vulnerabilities. This high-octane blog explores the risks of synthetic identity theft, sophisticated phishing attacks, and mobile device exploitation with real-world examples. To combat these challenges, fintech companies must adopt a multi-pronged approach, including continuous monitoring, encryption, customer education, and enhanced authentication mechanisms. Together, security and innovation pave the way for a trust-filled fintech journey.