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Average Ratings 0 Ratings

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ease
features
design
support

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Description

Anti-Money Laundering measures are enforced through a software procedure designed to adhere to the anti-money laundering laws established in Italy by law no. 197 on July 5, 1991, which has since been revised and expanded by various decrees and regulations, culminating in the latest Banca d'Italia Provision dated April 3, 2013, as noted in ordinary supplement no. 35 of Official Gazette no. 105 on April 7, 2013, while also implementing the guidelines set forth in Directive 2015/849/CE (the Fourth European Anti-Money Laundering Directive). This regulation affects numerous entities, particularly banks and financial intermediaries, mandating the creation of a Single Electronic Archive to document ongoing client relationships, transactions that meet or exceed a specified threshold, and transactions below that threshold that cumulatively reach the registration limit within a defined timeframe. Adhering to these regulations is essential for maintaining the integrity and transparency of the financial system, ensuring that all suspicious activities are monitored and reported appropriately.

Description

Fraudio stands out as a premier provider of solutions for detecting payment fraud and combating money laundering, utilizing an innovative AI system that they have patented to safeguard businesses in the payment landscape. This centralized AI architecture links all clients, fostering significant network effects that improve the effectiveness of fraud detection. Their comprehensive services encompass payment fraud detection, merchant-initiated fraud detection, and anti-money laundering solutions, all structured to deliver exceptional results with a flexible pay-per-use model. The platform is designed for scalable growth, ensuring that it can seamlessly adapt to business expansion without increasing costs. By employing sophisticated machine learning techniques and interconnected datasets, Fraudio enhances real-time fraud detection accuracy, minimizing false positives and operational expenses while increasing transaction approval rates. Furthermore, the AI network connects clients to a centralized brain that has been educated on billions of transactions, reinforcing the platform's robustness and reliability in protecting against fraudulent activities. Ultimately, Fraudio's innovative approach positions it as a trusted ally for businesses seeking to navigate the complex landscape of payment security.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

€1,200 per month
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

CAD IT

Country

Italy

Website

www.caditgroup.it/

Vendor Details

Company Name

Fraudio

Founded

2019

Country

Netherlands

Website

www.fraudio.com

Product Features

AML

Behavioral Analytics No 
Case Management No 
Compliance Reporting No 
Identity Verification No 
Investigation Management No 
PEP Screening No 
Risk Assessment No 
SARs No 
Transaction Monitoring No 
Watch List No 

Product Features

AML

Behavioral Analytics No 
Case Management No 
Compliance Reporting No 
Identity Verification No 
Investigation Management No 
PEP Screening No 
Risk Assessment No 
SARs No 
Transaction Monitoring No 
Watch List No 

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