Forsvar provides a cloud‑native, AI‑driven platform that automates KYC onboarding, real‑time transaction monitoring, and AML compliance for banks, fintechs, and payment processors. The solution combines biometric verification, adaptive risk scoring, and a flexible rule engine to deliver instant decisions, case management, and automated regulatory reporting, all in a modular, scalable architecture.
Funding
Funding not disclosed
Founders
Product
Problem
Financial institutions and digital service providers must manually monitor onboarding, transactions, and user activity to detect fraud and money‑laundering, a process that is time‑consuming, error‑prone, and difficult to scale while meeting regulatory reporting requirements.
Solution
Forsvar offers a cloud‑native, AI‑driven platform that automates the entire risk‑management lifecycle—from KYC onboarding with biometric verification and watch‑list screening, through real‑time transaction and event analysis, to anomaly detection and case management. Adaptive risk scores and customizable rule engines enable instant decisions or asynchronous reviews, while automated audit trails and AI‑generated compliance reports simplify regulatory reporting. The modular architecture lets customers select only the needed services, ensuring cost‑effective scaling and a unified interface for risk teams.
Target Audience
Primary customers are banks, fintechs, payment processors, and other digital platforms that need automated fraud detection, AML compliance, and streamlined risk operations.
Features
- Biometric KYC verification powered by AI, combined with OFAC, UN, PEP and other watch‑list checks
- Adaptive risk scoring models tailored to industry and risk appetite, applied to onboarding and ongoing activity
- Real‑time transaction and digital event monitoring with machine‑learning‑enhanced anomaly detection
- Flexible rule engine for automated approvals, rejections, or manual review workflows
- Integrated case management and customizable alert creation for risk analysts
- Automated compliance reporting and immutable audit logs generated by AI
- Fully cloud‑based, modular deployment allowing selective service integration and scalable performance