- Understand the alert trogger
- Examine the customer profile
- Assess the transaction details
- Confirm the source of funds
ID
Selfie
Address Proof
No digital online profiles detected +26
Remote access interaction detected +01
- Understand the alert trogger
- Examine the customer profile
- Assess the transaction details
- Confirm the source of funds
ID
Selfie
Address Proof
No digital online profiles detected +26
Remote access interaction detected +01
Smarter Fraud Prevention for Banks, PSPs, and Fintech Platforms
Transactional fraud causes trillions in annual losses across digital payments, banking, and eCommerce. Verafye is built to help fintechs, PSPs, and banks detect and prevent fraud before it impacts customers — enabling safer transactions and sustainable growth.
$485B
$1.5M
Key Feature Highlights
Core Fraud Detection
Transaction Monitoring & Fraud Detection
Continuously evaluates every transaction in real time across web, mobile, POS, and API channels.
Behavioral Biometrics
Analyzes how users type, click, or swipe to differentiate between genuine customers and bots.
AI/ML Pattern Recognition
Leverages supervised machine learning models to identify evolving fraud patterns beyond rule-based detection.
Device Fingerprinting & Device Reputation
Generates unique device IDs from multiple parameters to track consistency and reputation.
Unsupervised Anomaly Detection
Identifies unusual transactions or behaviors without requiring labeled data. Flags hidden risks like mule account networks, structuring attempts, or sudden spending deviations.
Velocity Checks & Risk Scoring
Applies configurable thresholds to detect abnormal frequency or value of transactions.
Customer & Entity Screening for KYC, AML, and Onboarding Fraud Prevention
KYC/KYB Validation
Integrates with leading identity providers to validate customers and businesses. Verifies ID documents, biometrics, and corporate records in real time.
Sanctions / PEP Screening
Automates screening against global sanctions, watchlists, and politically exposed persons (PEPs). Provides configurable filters for local regulatory lists and industry-specific exclusions.
Adverse Media Screening
Monitors global news, enforcement actions, and reputational risks linked to customers or businesses. Uses AI-driven keyword and entity detection to surface hidden red flags.
Onboarding Fraud Prevention
Stops fraud at the first touchpoint by detecting fake identities, synthetic accounts, and mule setups. Flags disposable emails, VoIP numbers, and device/IP anomalies during registration.
Unified Dashboard for Alerts, Investigations, and Audit-Ready Reporting
Alerts & Notifications
Provides real-time alerts for rule hits, anomalies, and escalations. Prioritizes alerts by severity and partner-defined thresholds.
Case Management & Workflow
Creates structured cases for deeper investigations with linking of related transactions, accounts, and devices. Supports assignment, escalation, and collaboration across teams.
Audit Trails & Regulatory Reporting (STR/SAR/SMR)
Maintains complete logs of all alerts, reviews, and analyst actions for compliance audits. Automates generation of Suspicious Transaction/Activity Reports (STR/SAR/SMR) in required formats.
Analyst Tools (review queues, investigation tools)
Delivers analyst-friendly dashboards with queues, filters, and drill-down insights. Provides visual link analysis to uncover hidden fraud networks.
Flexible APIs and Scalable Architecture
APIs & SDKs (Web, iOS, Android)
Offers easy-to-integrate REST APIs and lightweight SDKs for web, iOS, and Android apps. Provides seamless hooks into transaction flows, authentication, and onboarding.
Partner Configurable Rules Engine
Allows global rules and partner-specific configurations to co-exist. Enables non-technical users to create, edit, and test rules through an intuitive interface.
Unified Dashboards & Analytics
Provides interactive dashboards with KPIs, charts, and drill-down analytics. Offers transaction trends, fraud heatmaps, velocity reports, and rule effectiveness insights.
Industries Served
Financial Institutions
FinTechs
Payment Processors
Retail & E-commerce
Gaming & iGaming
Travel & Hospitality
Lending & BNPL
Why Verafye
