This is Tieto
Our businesses
Tieto Banktech
Financial crime prevention is core banking infrastructure
As AMLR and PSD3 raise the bar, banks need a capability that protects customers, reduces fraud and keeps operations moving.
Proven results at scale
European financial institutions connected
130+
Transactions monitored annually
7.8B
Fraud detection rate
+90%
The challenge
Proven financial crime protection shields
Financial crime is increasingly industrialised, fuelled by AI, digital channels and organised networks, costing the global economy over $4 trillion. Tieto Banktech combines decades of expertise with shared intelligence from 130 banks and fintechs across Europe to tackle this threat. Our Defence Centre provides 24/7 real-time monitoring and outsourced services to help prevent economic loss and protect the financial system and society.
Benefits
One network, shared results
To help banks beat financial crime, we use a shared platform trusted by over 130 banks and fintechs, where AI and experts turn new threat patterns into stronger detection.
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1
Early detection, faster recovery
Reduce functional handovers and turn early warning signals to faster action through 24/7 transaction monitoring and AI driven analytics.
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2
Flexible delivery choices
Choose SaaS, add managed support or outsource financial crime prevention functions depending on your strategic needs.
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3
Top performing detection
Achieve superior crime detection precision and transaction recall that outperform the IBM FCP global benchmark by 29%.
Capabilities
Financial crime prevention built for European banking
Protect customers and support compliant growth with fraud, AML, screening, identity and managed services from one partner. With more than 25 years of experience, Tieto Banktech delivers 24/7 transaction monitoring, immediate risk alerts and detection rates exceeding 90%.
Our offering
Financial crime prevention solutions
A suite of solutions for resillient crime prevention management - for use in full or as modular units.
Fraud prevention
Stop fraud across payments, accounts, cards and digital channels with real-time detection and investigative support.
Anti-Money Laundering
Detect and deter money laundering through transaction monitoring, case management and customer due diligence.
Screening
Screen customers and transactions for sanctions, Politically Exposed Person (PEP) and watchlist risk across the lifecycle.
Identity
Verify identities, authenticate customers and support signing in secure digital journeys.
Shared intelligence
Crime prevention- the journey
Onboard with confidence
Verify identity and assess risks before the relationship starts.
Cover the everyday
Detect and stop crime across accounts, cards, payments and channels.
Monitor, investigate, act
Monitor transactions at scale around the clock and act immediately on suspicious activity.
Support compliance and reporting requirements
Meet anti-money laundering (AML) and sanctions requirements, and support compliance- and regulatory reporting.
Improve continuously
Use shared intelligence and AI-supported investigations to reduce false positives and improve efficiency.
Insights
Read more on Financial crime prevention
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Blog
AI-led fraud detection, human-led decisions
As financial crime becomes more advanced, fraud prevention must become more precise.
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Blog
How banks can evaluate fraud prevention vendors
Selecting the right fraud prevention vendor is becoming increasingly difficult for banks as vendor claims around AI, fraud detection and operational performance continue to grow. There is currently no universal industry standard for measuring the effectiveness of fraud prevention systems. Many vendors rely on internally designed test datasets, selective scenarios and self-defined performance metrics that may not reflect real-world banking environments.
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Blog
AI-driven AML monitoring helps banks cut costs
As software development costs fall by 30–40%, banks would appear well positioned to modernise fraud prevention and AML operations using automation and AI-driven monitoring. However, many banks still rely heavily on growing AML operations teams and manual transaction reviews rather than investing in more scalable fraud prevention technology.
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Blog
European financial crime requires European fraud prevention
European banks face rising fraud, with payment fraud losses exceeding EUR 45 billion in 2024–2025. But scale is only part of the challenge: many fraud prevention systems were designed for the US market, despite Europe’s distinct payment infrastructure, regulations and fraud patterns.
Read more
Contact us
Strengthen your financial crime prevention capabilities
Talk to us about where the biggest gaps are today: onboarding, daily banking, AML operations, screening or operational capacity.
FAQ
Your questions answered