Finastra has partnered with FraudAverse to strengthen fraud prevention capabilities for banks using Finastra’s Financial Messaging platform.
The collaboration aims to equip financial institutions with advanced protection against increasingly sophisticated fraud threats as global payment volumes continue to grow.
Through the partnership, banks using Finastra Financial Messaging will gain access to FraudAverse’s AI-powered fraud detection technology, designed to identify suspicious activity in real time while reducing operational costs associated with manual investigations.
Finastra is widely recognised for its technology platforms supporting banking operations across lending, payments, treasury and capital markets. Its Financial Messaging solution enables banks to process and manage payments efficiently across global networks, supporting multiple payment standards and messaging formats.
The platform is designed to help financial institutions manage high transaction volumes while ensuring resilience and compliance within modern payment infrastructures.
FraudAverse specialises in financial crime prevention technologies designed to detect and stop fraudulent activity using intelligent AI systems. Its platform focuses on monitoring payment flows and identifying suspicious patterns quickly, helping institutions mitigate financial crime risks while maintaining a smooth customer payment experience. The company’s systems are capable of identifying both known fraud schemes and emerging threats as payment ecosystems evolve.
Under the partnership, the FraudAverse platform will be pre-integrated with Finastra Financial Messaging software. This integration allows banks to deploy fraud detection capabilities rapidly without extensive development or infrastructure changes. The solution offers real-time detection powered by AI algorithms, low latency processing suited to instant payment environments, and scalability to support rising transaction volumes.
The integrated technology aims to reduce investigation times by enabling faster identification of suspicious transactions and automating key aspects of fraud monitoring. By embedding the technology directly into Finastra’s messaging infrastructure, the solution enables banks to implement fraud protection with minimal IT effort while maintaining efficient payment processing.
FraudAverse’s AI-driven systems are designed to detect and prevent both established fraud patterns and emerging attack techniques, deterring up to 99% of fraudulent transactions. The system also supports multiple messaging formats, enabling financial institutions to apply fraud detection controls across a wide range of payment types and processing frameworks.
Finastra director of product management, FMM Stephanie Mitchell said, “As payment volumes grow and fraud tactics become more sophisticated, financial institutions must tap into robust, cloud-ready prevention solutions. Working with FraudAverse enables us to bring a flexible offering to banks which is optimized for today’s fast-moving payments landscape. We expect many of our customers will opt to make use of this pre-integrated solution.”
FraudAverse CEO Constantin von Altrock said, “Financial Crime prevention is a critical priority for financial institutions worldwide. Our collaboration with Finastra combines advanced AI technology with seamless integration, empowering customers to protect their transactions in real-time and with confidence.”
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