Ailleron, a software house specializing in financial technology services, and Nethone, a global machine learning-powered fraud prevention SaaS company, have announced a technology partnership to enhance digital retail banking services and further develop KYC offers. Cooperation with Nethone will further amplify Ailleron’s cybersecurity, AML (anti-money laundering) and fraud prevention capabilities.

The partnership comes when cybersecurity threats remain ever-present challenges and become more sophisticated. Cybercriminals are becoming more skilled at adapting their tools and techniques to bypass fraud detection and AML measures. With Nethone’s solutions, Ailleron can face these challenges head-on while simultaneously improving the customer experience with efficient and frictionless authentication of all users.

“Our clients' common challenges are streamlining customer interactions during identity verification (IDV) and improving customers’ digital enrollment and authentication experiences. Partnership with Nethone allows us to deliver highly anticipated software solutions in these areas. In 2023 we bring further machine learning adoption to support security, risk, AML, fraud management, and compliance professionals. Algorithms that can look at hundreds of contextual parameters and learn from investigator feedback are becoming the norm” – emphasizes Michał Walerowski Business Unit Director AI/ML & Data Solutions at Ailleron.

Cooperation between the two companies follows Nethone joining MangoPay Group, resulting in the fraud fighters now having access to EUR 75 million in capital investment. In addition, Nethone has been successfully cooperating with over 100 global eCommerce, digital goods, and financial services organizations since its foundation in 2016.

“We are delighted to be working with Ailleron to help bring them and their clients success through innovation. Our solutions not only aid cybersecurity measures and effectively detect and prevent fraud, but they impact the overall customer user experience – something that both of our companies place great importance on. This approach is the key to success" - said Hubert Rachwalski, CEO of Nethone.