Finovate Demo
Video Archives

Presenter Profile:

How they describe themselves: Effectiv provides a fraud and compliance automation platform for fintechs and community financial institutions. We automate compliance needs while helping our customers manage fraud with a best-in-class solution combining human and artificial intelligence interaction.

We offer an affordable automated risk management solution while fighting financial crime with an omnichannel approach to account onboarding, loan application processing, real-time transaction monitoring, case management, and data vendor management.

How they describe their product/innovation: Our KYC/KYB AML onboarding solution provides financial institutions and fintechs a more affordable enterprise solution. The platform provides onboarding and underwriting digital processes that maintain a frictionless experience for good users while stopping fraudsters with ongoing, transaction monitoring to flag high-risk actions or high-value transactions signaling money laundering, terrorist or other criminal activity.

Providing real-time feature computation for ID checks utilizes a graph network with embedded algorithms to help minimize fraud.

Product distribution strategy: Direct to Business (B2B), Through financial institutions, Through other fintech companies and platforms

Contacts:

Bus. Dev.: Ritesh Arora (COO), ritesh@effectiv.ai
Press: Ravi Sandepudi (CEO), ravi@effectiv.ai