INFORM, a provider of AI-powered decision-making software for risk, fraud, and compliance, has released the results of its international industry survey, The Artificial Intelligence & Anti-FinCrime Market Research Survey.
The survey of 88 professionals, primarily from large financial institutions, shows that artificial intelligence is now a core component of modern financial crime prevention strategies, with a strong focus on improving operational efficiency and deploying next-generation security technologies such as behavioral biometrics.
The findings overwhelmingly confirm that AI is no longer a fringe technology but a foundational element of a modern defence strategy.
Key findings
Current AI utilisation
When asked about the specific areas where they are currently utilizing AI, respondents indicated a strong focus on core compliance and detection tasks:
- Transaction Monitoring: 82.50 per cent
- Anti-Money Laundering (AML): 71.25 per cent
- Anomaly Detection: 61.25 per cent
- Identity Verification: 37.50 per cent
- Customer Behavior Analysis: 33.75 per cent
This demonstrates that AI has been heavily adopted for high-volume, continuous monitoring processes essential for both fraud and AML compliance.
Primary drivers for AI adoption
The motivations for adopting AI highlight a push for greater efficiency and effectiveness in financial crime departments:
- Faster Detection: 80 per cent
- Reduced False Positives: 72.86 per cent
- Improved Accuracy: 61.43 per cent
While cost reduction (30 per cent) and enhanced customer experience (20 per cent) are factors, the overwhelming majority are driven by the need for superior, high-speed, and precise detection capabilities to manage mounting financial crime risks.
The rise of behavioral biometrics
A standout finding from the survey is the industry’s shift toward multi-layered defense. When asked which supporting tool is most valuable alongside AI, a clear majority (56.25 per cent) identified behavioral biometrics as the most critical asset in their anti-financial crime toolkit.
This surge in interest stems from the technology’s ability to detect sophisticated account-takeover attempts, ‘man‑in‑the‑browser’ attacks, bot activity, remote-access fraud and social‑engineering‑driven transactions in real-time.
By identifying subtle deviations from a user’s established ‘digital DNA’, behavioral biometrics provides a proactive defense that flags suspicious activity before a single fraudulent transaction occurs. This is reflected in a strong interest in expanding biometrics over the next three to five years, which scored an average of six out of 10 for organizational interest.
INFORM’s RiskShield: Fighting Financial Crime with Hybrid AI
The survey findings support the direction INFORM is taking with its RiskShield software. Anti-fraud solutions that directly address the industry’s need for fast, accurate, and explainable AI in financial crime management are well positioned to succeed. Furthermore, the survey found that 56.79 per cent of professionals believe AI is most effective at pattern recognition in large datasets – one of the core strengths of INFORM’s technology.
RiskShield delivers on this requirement through its unique Hybrid AI approach, which combines the precision of expert, knowledge-based rules with the adaptability and powerful pattern recognition capabilities of advanced machine learning (ML). By leveraging sophisticated behavioral analytics and behavioral biometrics, RiskShield can detect subtle anomalies in user behavior early in the digital customer journey, thereby strengthening real-time fraud detection.
“The survey results clearly show that financial institutions no longer view AI as an experiment, but as a strategic core component of their financial crime architecture,” said Roy Prayikulam, SVP Risk and Fraud at INFORM.
“Speed, precision, and the reduction of false positives are business-critical requirements – alongside transparency and governance. Future-ready solutions like RiskShield combine powerful AI with human oversight and clear explainability to support better, more confident decisions in real time.”
The 3 keys of RiskShield
- Holistic Financial Crime Management: RiskShield breaks down silos by unifying fraud prevention, Anti-Money Laundering (AML) compliance, and risk management onto a single, multi-channel platform. This provides a truly holistic view of the customer and their transactions.
- Real-Time, Adaptable Defense: The solution processes transactions and assesses risk in real-time, delivering the “Faster Detection” demanded by 80 per cent of respondents. Its Hybrid AI engine continuously adapts to new criminal modus operandi.
- Optimised Efficiency and Accuracy: By intelligently analyzing both expert-driven insights and discovered patterns, RiskShield maximizes ‘Improved Accuracy’ and ‘Reduced False Positives’, ensuring analysts can focus their time on truly suspicious activities.
INFORM remains committed to empowering financial institutions globally with its advanced Hybrid AI technology to protect assets, ensure regulatory compliance, and safeguard customers from fraud without interrupting their digital journey.
