Trustfull

Imagine receiving an urgent call from your CFO. The voice is unmistakable, the face on screen is the one you know. You authorize a $25M transfer—only to discover later that your CFO never made the call. Or picture hearing the voice of someone close to you begging for help on a phone call. Worried, you send money. But no one was ever in danger. Both are real examples of AI-powered fraud happening right now. And with fraud losses surpassing $1 trillion in 2024, the question is no longer if AI will be used against us, but how much damage it will cause. From hyper-personalized phishing attacks to deepfake videos impersonating executives, AI is enabling cybercriminals like never before. But the same technology that fuels these threats can also help us fight back. In his latest article for Finextra, our CEO Marko Maras explores how AI-powered Open Source Intelligence (OSINT) is becoming the key to spotting and blocking AI-driven fraud. The piece explores how: 🛡️ OSINT tools can help expose synthetic identities and spot deepfake anomalies. ⚠️ AI-driven behavior analysis helps prevent account takeovers and credential stuffing. 🔍 Proactive monitoring of phishing domains and data leaks can spot scams before they reach victims. AI is transforming fraud into an industrialized business—but by turning its power against the fraudsters, it's possible to make scamming unprofitable and ultimately, unsustainable. Read more here 👉 https://lnkd.in/dVy2JwVZ #AI #FraudPrevention #Deepfakes #OSINT #GenAI

At Trustfull, the first Friday of every month is Developers Day 🧑💻 Our #DDays are dedicated to hands-on workshops led by a different team member every time, where we explore new technologies, solve complex problems, and, sometimes, compete fiercely. Last month’s session was a real engineering showdown. The concept was simple: ✅ Split into pairs with quirky team names ✅ Solve real-world troubleshooting scenarios in the morning ✅ Unleash raw hacking skills in the afternoon ✅ Track it all on a live leaderboard with a point system The Morning Challenge: Fixing broken servers in SadServers scenarios 🛠️ The Afternoon Session: Hacking fundamentals in OverTheWire’s Bandit 💻 🔗 Trustfull's Michele Sangalli recounts the full day in this article: https://lnkd.in/evuni3gc Curious about past sessions? You can read about how the team trained a reinforcement learning model to dodge asteroids, compiled a ROM for the Game Boy Advance or solved a murder mystery with ChatGPT on the Trustfull Engineering blog: https://lnkd.in/dq5jwWmx #TechCulture #DeveloperDay #ProblemSolving #Hacking #EngineeringBlogs

Subbyx has partnered with Trustfull to ensure safer tech subscription onboarding 📲 Founded in 2023, Subbyx offers a flexible subscription model that allows users to access tech products through a simple monthly fee. As their tech needs evolve over time, users can easily adjust their subscription, thus promoting #financialsustainability and reducing electronic waste. Given the high value of the products provided under subscription, verifying customers’ identity and trustworthiness is key before activating their contract. This is where Trustfull’s advanced onboarding API plays a crucial role. By silently analyzing users' digital signals such as email addresses ✉️ , phone numbers 📱 and IP data 🌐 , Trustfull helps Subbyx detect suspicious requests while maintaining a seamless experience for genuine customers. 🔗 Read more here: https://lnkd.in/dyZxb5E6 #TechSubscriptions #Trustfull #ClientAnnouncements #SafeOnboarding

With financial regulations evolving across Europe, financial institutions are increasingly turning to RegTech solutions to stay compliant and secure. A recent Fintech District article highlights just how fast the sector is growing, and the numbers speak for themselves: the market is set to soar from $15.8 billion in 2024 to $85.9 billion by 2032, growing at an impressive 23.6% CAGR. At Trustfull, we’re proud to be part of this wave, working with key partners like Banca Sella, Scalapay and Banca AideXa to enhance digital onboarding security and strengthen fraud prevention in financial services. As RegTech continues to grow, collaboration with fellow providers will be key. We look forward to building synergies with RegTech community members such as Aptus.AI, ARISK SpA SpinOff Deep-Tech Politecnico di Torino, CleverChain, comforte AG, Ecomate, Fourthline, INEO, Mopso, Thorsoft SRL, Trakti, Veridas and Yousign. Read more 👉 https://lnkd.in/dtuyg5zC #RegTech #EURegTech #FintechDistrict #FraudPrevention

Corporate #moneymuling is surging in the UK, with suspected cases tripling last year 📈 As fraudsters deploy increasingly sophisticated tactics and create synthetic accounts at scale, risk and compliance teams must stay ahead of evolving threats. In Banking Risk and Regulation, a publication from Financial Times Specialist, journalist Francesca Washtell explores the growing challenge of corporate money muling and the subtle red flags firms should be monitoring. Among various expert advice, the article features insights from Trustfull's CEO Marko Maras on how businesses, similar to individuals, leave a digital footprint behind, which can be used to spot synthetic businesses and corporate money mules. Limited website information, no LinkedIn profile or a small number of pages on a site, for example, can all be indicators of #fraud. Read more: https://lnkd.in/duxUzHQM

Today we are delighted to share our latest client announcement: Pledg 🚀 The French BNPL provider has selected Trustfull to strengthen its existing fraud prevention operations. Founded in 2016, Pledg serves a wide range of clients in both B2C and B2B sectors, including Club Med, Carrefour Voyages, and FNAC. In February 2024 the company became a 100% subsidiary of Crédit Agricole Consumer Finance. By integrating Trustfull’s advanced customer pre-screening capabilities, Pledg will ensure seamless purchasing experiences for consumers while effectively protecting merchants against fraud and preventing first payment defaults. Read more 👉 https://lnkd.in/deFrua3T #FraudPrevention #Trustfull #OSINT #BNPL #FrenchFintech

AirHelp Teams Up with Trustfull for Flight Compensation Security ✈️ We are thrilled to welcome AirHelp, the world's largest air passenger rights organization, as the latest Trustfull client. Founded in 2013, AirHelp has already helped 2.7 million passengers receive compensation for delayed, canceled, or overbooked flights globally. 💬 Commenting on the partnership, AirHelp’s CEO Tomasz Pawliszyn, said: “Trustfull's solutions have demonstrated exceptional accuracy in identifying fraudulent requests, strengthening the integrity of our compensation process without slowing down genuine claims." More details here: https://lnkd.in/d9sEbCrG

With SMB lending fraud rising 14% in the past year and fake e-commerce stores driving a 211% increase in credit card disputes in 2024, one thing is clear: traditional business verification and KYB checks aren’t working against fraud. 🚫 That’s why we’re launching Domain Intelligence—a next-generation suite of AI agents that automates deep online due diligence before the KYB process even begins. What does it do? 🌏 Instant verification of any web domain globally 💻 AI-powered analysis of websites, social media, marketplaces, and 🏪 Real-time insights into business legitimacy and operations As fraudsters' tactics evolve, so must the strategies to fight against them. Domain Intelligence empowers financial institutions, payment providers, and e-commerce platforms to onboard businesses with confidence and stop fraud before it happens. Discover more here 👉  https://lnkd.in/dbggEGWf

“The reality is that generative AI has become so advanced that we can no longer automatically trust what we see or hear online. As fraudsters become more sophisticated, it’s crucial for individuals to exercise extra caution, and for messaging and social media platforms to implement stronger verification measures to identify and block scammers early on.” In the run up to Valentine’s Day, Trustfull’s CEO Marko Maras discussed with Finextra’s Sehrish Alikhan the importance of spotting and blocking #syntheticidentities and fake profiles to protect dating apps and social media users from #romancescams. You can read the full piece - featuring additional insights from Santander’s Chris Ainsley, RedCompass Labs’ Silvija Krupena, CFCS, CAMS and Lynx Tech’s Greg H. - here 👉 https://lnkd.in/ePSRPwwg

Today's #CyberDay was a blast 🎉 Organized by Finance Innovation, the event brought together top financial services and cybersecurity experts at the stunning Palais Brongniart in Paris to discuss the latest trends shaping the industry. Trustfull's Stéphane Chatelain joined a panel moderated by Carole Njoya (ACLEES), alongside industry leaders Gaëlle Donnette (Crédit Agricole Personal Finance & Mobility), Wilfried Lauber (Amundi), and François Luquet (BforBank). The discussion focused on the evolving role of CISOs in financial institutions and their strategic impact on business resilience, innovation and fraud prevention. 👏 A huge thank you to Finance Innovation for hosting such a fantastic event. #fraudprevention #FrenchFintech #ParisEvents #Trustfull La Place Fintech | DeFi