Monetary crime and fraud prevention agency Resistant AI has introduced elevating $25 million in Collection B funding, bringing the overall raised by the corporate to over $55 million.
The funding spherical was led by DTCP, with further assist from present buyers Experian, GV, and Notion Capital.
Based in 2019, Prague, Czech Republic-based Resistant AI creates doc fraud detection and transaction monitoring fashions that join paperwork, transactions, and behaviors to determine fraud makes an attempt.
In line with the corporate, its software program can detect subtle monetary crimes, together with advanced laundering schemes and cash muling, in addition to real-time fee (APP), artificial company identification, and generative AI doc fraud.
The AI-powered resolution additionally permits for quicker service provider onboarding, supplies elevated readability to underwriters for quicker mortgage approvals, improves threat visibility, and detects artificial identities, all with out the necessity to change present tech stacks.
Resistant AI has over 100 workers throughout workplaces in Prague, London, and New York. Its options have been adopted by enterprises, fintech corporations, and world monetary establishments.
The corporate will use the brand new funds to broaden risk intelligence capabilities and produce its doc fraud detection and transaction monitoring choices to new markets.
“The monetary crime panorama has essentially modified with the deployment of LLMs and AI brokers in threat prevention settings, and the weaponization of generative AI by fraudsters. Our fraud and fincrime fashions supply any establishment the instruments to empower each their human and agentic co-pilots to fight these AI-powered threats at scale,” Resistant AI CEO and founder Martin Rehak stated.Commercial. Scroll to proceed studying.
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