Resistant AI has secured $25 million in Series B funding to enhance its fraud detection and transaction monitoring technology, addressing the rising threats posed by generative AI and large language models. The company’s solutions help detect sophisticated financial crimes such as money laundering, synthetic identities, and document fraud, serving major financial institutions globally. #ResistantAI #GenerativeAI #FinancialCrimeDetection
Keypoints
- Resistant AI raised over $25 million in Series B funding, totaling more than $55 million invested.
- The company’s AI-powered software detects complex financial crimes, including laundering schemes and synthetic identities.
- Funding will be used to expand threat intelligence capabilities and enter new markets.
- The solutions improve merchant onboarding, risk visibility, and loan approval processes without replacing existing systems.
- Resistant AI has offices in Prague, London, and New York, with clients including fintechs and global financial institutions.
Read More: https://www.securityweek.com/fraud-prevention-firm-resistant-ai-raises-25-million/