Fraud Detection Companies

Adyen provides a unified platform for end-to-end payment processing, data analytics, and financial management, serving major enterprise-level merchants globally. Their AI capabilities are focused on real-time fraud detection via machine learning models – minimizing false positives and maximizing legitimate transaction approval rates – and revenue optimization through data-driven insights. Adyen supports over 150 currencies and payment methods, enabling businesses to expand into new markets with localized payment experiences and consolidate their entire payment stack with a single provider.

Stripe

San Francisco, United States

Stripe AI provides financial infrastructure and APIs for online businesses, specializing in comprehensive payment processing and revenue management. Their core offering leverages AI to optimize payment authorization rates, detect and prevent fraud, and enable complex pricing models like usage-based billing. Stripe primarily serves internet-based businesses of all sizes seeking to improve revenue operations and expand into new markets through integrated, AI-driven financial tools.

dLocal

Montevideo, Uruguay

dLocal is a cross-border payments platform focused on emerging markets, using AI for fraud prevention, routing, and payment optimization. The Uruguay-founded company is publicly traded on Nasdaq.

Kushki

Quito, Ecuador

Kushki provides a unified payment processing platform for Latin America, offering solutions like Kushki Pay and API integrations to enable businesses to accept over 150 payment methods across the region. Their AI-powered fraud detection system utilizes machine learning to analyze transaction data and deliver real-time risk scoring, reducing false positives and increasing authorization rates. Serving enterprise clients and rapidly expanding e-commerce businesses, Kushki processed over $2 billion in transactions in 2023 and is recognized as a leading PayTech innovator in the LATAM market.

Paymob

Cairo, Egypt

Paymob provides a comprehensive digital payment infrastructure for businesses across the Middle East and Africa, offering solutions like the “Paymob Accept” platform, payment gateways, POS systems, and “Paymob Sync” – an end-to-end cashless ecosystem enabler. The company leverages AI and machine learning for real-time fraud detection and merchant risk assessment, processing millions of transactions daily. Targeting SMEs and large enterprises, Paymob facilitates both online and in-store payments, as well as mass payouts, with a focus on simplifying integration through robust APIs.

Curacel

Lagos, Nigeria

Curacel is a Lagos-based insurtech that embeds AI into Africa's insurance sector through automated claims processing and fraud detection. Its API-driven platform vets claims to detect fraud, waste and abuse, and has processed over $100M in claims across several African countries. It is Y Combinator-backed and raised a $3M seed round in 2023.

Cyberette

Amsterdam, Netherlands

Cyberette builds forensic-grade AI to detect, analyze and explain manipulated media (deepfake video, audio, images, text) for fraud and investigation use cases, claiming ~99.7% accuracy in under two seconds. Founded by Julia Jakimenko; based in Amsterdam, Netherlands.

PayMongo

Manila, Philippines

PayMongo is a Philippine online-payments platform—often called the 'Stripe of the Philippines'—that lets businesses accept payments and uses AI/fraud-detection engines for risk assessment and real-time reporting. Founded in 2019 (Y Combinator-backed) by Francis Plaza and co-founders; raised ~$46M including a $31M Series B.

Hawk AI

Munich, Germany

Hawk AI develops anti-money laundering (AML) and counter-terrorist financing (CFT) software for financial institutions. Their core technology centers on explainable AI models designed to improve risk detection accuracy and reduce false positive rates in transaction monitoring and watchlist screening. Hawk AI targets banks, payment processors, and fintech companies seeking to enhance their financial crime compliance programs with a modern, AI-driven platform.

Unit21

San Francisco, United States

Unit21 provides a risk and compliance platform utilizing AI agents to automate fraud and anti-money laundering (AML) operations. Their core technology centers on customizable, no-code AI agents that analyze transactions and reduce false positives, reportedly achieving up to 57% automation of alert reviews. The company targets financial institutions seeking to streamline compliance workflows and minimize financial crime losses through improved alert quality and efficiency.

Yuno

Bogotá, Colombia

Yuno is a global payment-orchestration platform that lets merchants manage 300+ payment methods through one integration, with AI-powered fraud prevention, transaction routing, and recovery agents. It serves enterprise clients including McDonald's, Rappi, and Avianca across 40+ countries.

Tookitaki

Singapore, Singapore

Tookitaki is a Singapore RegTech company whose Anti-Money Laundering Suite uses supervised and unsupervised machine learning for transaction monitoring and name screening, drawing on a community-driven 'collective intelligence' of typologies. It serves banks and fintechs across Asia.