Finastra, the financial services software giant trusted by 7,000+ institutions across 110 countries, has teamed up with FraudAverse to embed AI-driven fraud detection directly into its Financial Messaging platform. The move targets a growing pain point for banks: as instant payments scale globally, the window to catch fraud is shrinking to milliseconds.
FraudAverse's platform comes pre-integrated into Finastra Financial Messaging — meaning banks can deploy real-time fraud monitoring without heavy IT investment or lengthy implementation cycles. The AI engine claims to deter up to 99% of fraudulent transactions by identifying both known attack patterns and emerging threats before funds move.
What the Integration Delivers
Real-time fraud detection across multiple payment messaging formats
Low-latency decisioning built for instant payment environments
Scalability to handle growing transaction volumes
Reduced investigation time, cutting operational costs for fraud teams
Minimal IT resources required thanks to pre-integrated deployment
The partnership is particularly timely as instant payment schemes expand globally, leaving banks with no room for post-event intervention. Fraud must be caught at the point of transaction — or not at all.
Stephanie Mitchell, Director of Product Management at Finastra, 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 optimized for today's fast-moving payments landscape."
Constantin von Altrock, CEO of FraudAverse, added: "Our collaboration with Finastra combines advanced AI technology with seamless integration, empowering customers to protect their transactions in real-time and with confidence."
For Finastra's 40+ top-50 global bank customers, the pre-integrated solution represents a fast path to stronger fraud controls without disrupting existing payment infrastructure.