A Critical Challenge for Financial Institutions
Financial institutions often bear the brunt of these fraudulent activities, forced to reimburse stolen funds and suffering substantial impacts on their own reserves. At Fraudio, we understand this challenge. Our comprehensive money mule detection solution proactively detects and halts such activities and enables you to, safeguarding your assets, upholding your institution's reputation, and contributing significantly to the broader fight against financial crime.
An astounding 90% of money muling activities are directly linked to cybercrime (Europol). Our solution tackles this lethal combination head-on by looking for patterns and behavioural changes of financial accounts, protecting your companies’ financial stability and reputation.