Improving Fraud Management Efficiency for Cross-Border Payments

Streamline compliance, detect fraud in real-time, and enhance transparency for seamless cross-border payments with FraudNet's AI-Native solutions.

Are Cross-Border Payment Challenges Weighing You Down?

Streamline compliance, enhance transparency, and mitigate risks to safeguard your operations and boost customer trust across borders.

Heightened AML Compliance Burden

Cross-border PSPs must reconcile FATF, OFAC, and dozens of regional mandates. Constant rule changes, data‐sharing gaps, and divergent reporting formats inflate overhead and expose providers to fines or loss of correspondent banking relationships.

Lack of Transparency in End-User Identity

Limited visibility into payer and recipient credentials across jurisdictions makes it hard to validate KYC data, raising false-positive rates and letting bad actors exploit loosely vetted wallets, accounts, or payout partners.

Elevated Risk of Money Laundering & Mule Accounts

Fraud rings leverage multi-hop transfers, nested accounts, and synthetic IDs to shuttle illicit funds across borders. Manual reviews can’t spot fast-moving mule networks before money exits the ecosystem.

Transaction Laundering Exposure

Hidden or mis-categorized senders route payments through seemingly benign merchants. Cross-border acquirers face penalties and brand damage when regulators trace sanctioned or illicit flows back to their rails.

Transform Compliance with FraudNet's Cutting-Edge Solutions

Streamline compliance, enhance security, and reduce risk exposure for seamless cross-border payment operations.

Ongoing Screening for AML & Sanctions

Re-screen counterparties at intervals of your choice for fast AML & sanctions compliance.

Real-Time Transaction Monitoring

Millisecond scoring of cross-border transactions to flag anomalies in real time.

Policy Monitoring Engine

Live tracking of refunds, chargebacks, and volume spikes against configurable policies.

Entity Risk Analytics for KYB

KYB risk scores that blend global data and docs to surface risky merchants early.

Key Capabilities For Cross-Border Payment companies

AI-Native Detection in Milliseconds

FraudNet integrates device, geo, velocity, and behavioral signals to instantly assess cross-border payments. This proactive approach prevents mule activity and laundering attempts, ensuring legitimate remittances flow smoothly, safeguarding your revenue, and enhancing the customer experience for Cross-Border Payment companies.

Unified, Low-Friction Workflows

Streamline your risk management with a unified console that houses all alerts, evidence, and controls. Accelerate from review to resolution, minimize manual labor, reduce backlog, and empower your team to concentrate on strategic risk trends—all while enhancing efficiency.

Built-In Global Compliance Coverage

Ensure seamless compliance with FATF, OFAC, and regional regulations through automated sanction checks and dynamic rule updates. Minimize penalty risks and confidently expand into new markets, all while maintaining robust audit trails for peace of mind and operational efficiency.
Impact & Results

Delivering Results that Matter

We don’t just promise better fraud control—we deliver tangible improvements that protect your business.

97%

Fewer False Positives

Approve more valid transactions confidently.

88%

Fraud Reduction

Experience double-digit reductions in fraud-related chargebacks

60%

Cost Savings

Save time and resources while securing your revenue.

Why FraudNet

Future-Proof Your Fraud & Risk Program

With an integrated platform designed for precision, agility, and impactful results, enabling your team to make smarter decisions, improve operational efficiency, and fuel your business growth.

Customizable & Scalable

No-code rules engine, flexible dashboards, and tailor-made machine learning models that are designed to adapt seamlessly and scale alongside your business.

End-to-End Platform

Unify fraud detection, compliance, and risk management into one powerful solution, saving valuable time and streamlining your operations.

AI Precision You Can Rely On

Reduce false positives, detect and prevent more fraud, and mitigate risk with highly accurate, real-time risk scoring and anomaly detection you can trust.

Real-Time Fraud Intelligence

Leverage advanced analytics, comprehensive reporting, and our Global Anti-Fraud Network to make faster, smarter decisions on the spot.

Testimonials

Real Success From Real Teams

Fraud.net’s flexibility has helped our AfterPay business grow by allowing us to meet our increasingly complex customer and country requirements. Their platform has enabled Arvato to increase our agility and significantly reduce fraud attacks.

Director Risk & Fraud, Arvato

FraudNet's combination of customized machine learning and flexible rules management has been transformative. We've achieved dramatic efficiency gains while maintaining robust fraud protection - a game-changer as we navigate evolving regulatory requirements.

Head of Financial Crime, Countingup

The great usability of Fraud.net is night and day when comparing it to our prior risk prevention platform. Reporting is also faster, more straightforward, and more impactful. With Fraud.net, we can easily visualize and share findings, providing our leadership with a clear understanding of the return-on-investment for our activities in real-time.

Fraud Manager, Global Financial Institution

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FAQs

What are the common causes of inefficiencies in cross-border fraud management?

Inefficiencies in cross-border fraud management often stem from differences in regulatory standards across countries, lack of coordination among international financial institutions, and varying levels of technological advancement. Additionally, language barriers, currency exchange complexities, and inconsistent data sharing practices contribute to these inefficiencies, making it challenging for companies to develop a cohesive fraud management strategy that is effective globally.

How does regulatory disparity affect cross-border fraud management?

Regulatory disparity can significantly impact cross-border fraud management by creating compliance challenges for businesses operating in multiple jurisdictions. Different countries have varying regulations regarding data privacy, transaction monitoring, and reporting requirements. This lack of uniformity can lead to gaps in fraud detection and prevention strategies, making it difficult for companies to implement consistent and effective measures across all regions where they operate.

What role does technology play in addressing cross-border fraud management inefficiencies?

Technology plays a crucial role in overcoming cross-border fraud management inefficiencies by providing advanced tools for real-time monitoring, data analysis, and risk assessment. Machine learning algorithms and AI can identify patterns and anomalies that may indicate fraudulent activities. Additionally, blockchain technology offers secure and transparent transaction records that can enhance trust and collaboration among international partners, while APIs facilitate seamless data exchange and integration across different systems.

How can companies improve coordination among international financial institutions to combat cross-border fraud?

Companies can enhance coordination by establishing collaborative frameworks and communication channels among international financial institutions. This includes sharing best practices, fraud intelligence, and alerts about emerging threats. Engaging in joint initiatives, such as cross-border fraud task forces or collaborative platforms, can also help align efforts. Furthermore, adopting standardized protocols for data sharing and transaction monitoring can improve the overall effectiveness of fraud prevention measures across borders.

What are the challenges of data sharing in cross-border fraud management?

Data sharing in cross-border fraud management is challenged by privacy laws, data protection regulations, and trust issues among institutions. Different countries have varying legal frameworks governing data sharing, making it difficult to establish a unified approach. Additionally, concerns about data security and misuse can hinder cooperation. To address these challenges, companies must work towards creating secure, compliant data-sharing agreements and leverage technologies like encryption to protect sensitive information.

How do currency exchange complexities contribute to cross-border fraud management inefficiencies?

Currency exchange complexities add to cross-border fraud management inefficiencies by creating opportunities for fraudulent activities, such as arbitrage fraud and currency manipulation. Variations in exchange rates and transaction fees can be exploited by fraudsters to conceal illicit activities. Additionally, discrepancies in currency conversion processes across different regions can lead to errors and inconsistencies in transaction records, complicating fraud detection efforts. Companies must implement robust monitoring systems and standardize their currency exchange procedures to mitigate these risks.