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Fraud Intelligence for
Banks & Fintechs

India's banking sector loses thousands of crores annually to mule accounts, UPI fraud, and synthetic identity attacks. FraudTrace gives your fraud and compliance teams proactive intelligence — not reactive alerts — to stop financial crime before it reaches your customers.

Explore Use Cases

₹1,750 Cr+

Lost to cyber fraud H1 2024

40%

Of fraud involves mule accounts

18 min

Average EDD report delivery

More cases closed vs. manual

Use Cases

Built for Every Fraud Vector
Your Team Faces

From mule account networks to UPI fraud rings, FraudTrace delivers actionable intelligence across the full spectrum of banking and fintech fraud.

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Account Fraud

Mule Account Detection

FraudTrace AI agents engage suspected mule recruiters and extract account numbers, IFSC codes, and UPI IDs before funds are routed. Banks receive actionable intelligence to freeze accounts proactively.

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Payment Fraud

UPI Fraud Prevention

Real-time interception of UPI-based scams — from fake prize claims to QR code fraud. FraudTrace maps fraudulent UPI handles and merchant IDs to disrupt payment rails used by criminal networks.

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Identity Fraud

KYC & Onboarding Fraud

Detect synthetic identities, Aadhaar spoofing, and forged KYC documents at onboarding. FraudTrace cross-references applicant signals against known fraud infrastructure before accounts are opened.

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Fintech Fraud

Loan App & NBFC Fraud

Identify predatory loan app operators, fake NBFC impersonators, and instant-loan scam networks. Protect customers from malicious APKs and data-harvesting apps targeting your customer base.

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Network Intelligence

Fraud Network Mapping

Go beyond individual accounts — map the full mule network. FraudTrace links accounts, devices, phone numbers, and UPI IDs to expose coordinated fraud rings operating across multiple banks.

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Compliance

Enhanced Due Diligence (EDD)

Receive a complete EDD report in 15–30 minutes. AI-powered analysis reviewed by human fraud experts — covering STR documentation, PEP checks, adverse media, sanctions, and source of funds.

Keep fraud exposure under control

With access to in-depth compliance analytics

FraudTrace delivers structured intelligence aligned with RBI, NPCI, PMLA, and CERT-In frameworks — so your compliance team always has audit-ready evidence.

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Deeper understanding of your mule exposure

Map mule networks, UPI fraud rings, and phishing infrastructure across your entire portfolio.

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Weekly compliance intelligence summaries

Automated briefings covering new intercepts, STR triggers, and emerging fraud patterns.

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AI-based risk scores for faster decisions

Every alert comes with a risk score and recommended action — no guesswork required.

Regulatory Compliance

Aligned with Every Regulator
That Matters to You

FraudTrace intelligence is structured to support your compliance obligations across RBI, NPCI, PMLA, and CERT-In frameworks — with audit-ready evidence packages.

RBI

RBI

Reserve Bank of India

  • Master Direction on KYC (2016, updated 2023)
  • Fraud Classification & Reporting Framework
  • Digital Lending Guidelines 2022
  • Cyber Security Framework for Banks
NPCI

NPCI

National Payments Corporation of India

  • UPI Circular on Fraud Risk Management
  • Chargeback & Dispute Resolution Framework
  • Merchant Risk Monitoring Guidelines
  • NACH Fraud Prevention Norms
PMLA

PMLA

Prevention of Money Laundering Act

  • Section 12 — Reporting Obligations
  • STR / CTR Filing Requirements
  • Beneficial Ownership Disclosure
  • Record-Keeping & Audit Trail Norms
CERT-In

CERT-In

Indian Computer Emergency Response Team

  • Mandatory Incident Reporting (6-hour rule)
  • Cyber Incident Classification Framework
  • Threat Intelligence Sharing Protocols
  • IT Act Section 70B Compliance

Court-Ready Evidence Packages

Every FraudTrace EDD report includes timestamped evidence, chain-of-custody documentation, and structured data exports — ready for STR filing, internal audit, or law enforcement referral.

See a Sample Report →

Ready to Stop Mule Accounts
Before They Empty?

Join India's leading banks and fintechs using FraudTrace to proactively disrupt fraud networks. Start with a free mule audit — no commitment required.