[Dubai,UAE] – Resistant AI, the pioneer in AI-powered document fraud prevention and Fraud-Sense, a regional leader in Fraud & Compliance, today announced a strategic partnership aimed at empowering and protecting MEA organisations against the sharp rise in deep-fake complex document fraud driven by Document Template Farms and Fraud-as-a-Service (FaaS).
This collaboration will enable Fraud-Sense to leverage Resistant AI’s cutting-edge document forensics API’s into their FCRM-SaaS™ platform to provide the highest level of accuracy and performance in detecting fake and synthetic documents within high-volume document-centric processes. Resistant AI’s system, trained on over 100 million documents, delivers unparalleled fraud detection capabilities, helping risk teams catch invisible fraud in bank statements, utility bills, certificates of incorporation, and more—all within seconds. Customers who use Resistant AI have experienced up to 3x less fraud, 10x faster review times, and 90% automation rates—achieving ROI within just a few months.
“The message from bad actors is loud and clear: Any rules-only based system is a target. Legacy threat detection solutions may have worked in the past, but today’s innovative bad actors demand a stronger defence. Modern threat detection has to be a combination of rules, AI & Risk Intelligence. Only a unified approach can secure businesses from deep and complex threats found within identities, documents, transactions and behaviours,” said Mahendra Shirali, CEO of Fraud-Sense. “But the management of threats can be at odds with digital transformation efforts. It’s hard to strike the right balance between automation and security. The global fake document detection market is projected to grow at a CAGR of 10-12% between 2023 and 2030, driven by Fraud-as-a-Service. Organised and state sponsored fraudsters receive high quality fake document templates and all of the knowledge they need on how to attack, and rapidly revictimise. Across the financial sector, 33% of all fraudulent attempts are linked to forged documents, especially in credit fraud cases. It’s a huge problem area. Partnering with Resistant AI allows us to bring the industry’s most accurate and performant AI solution to MEA organisations.”
“Scalable digital document fraud is a global problem, reaching any financial institution that moves their operations online—a choice driven by consumer demands and largely out of their hands,” added Martin Rehak, CEO of Resistant AI. “Tackling it effectively on a global scale means pairing the highest performing fraud detection capabilities that are language agnostic and privacy preserving to meet various compliance regimes. More importantly, it requires partnering with local experts. We selected Fraud-Sense because of their deep roots and knowledge of Risk Intelligence within the MEA markets. Together we are excited to empower MEA teams to make confident, evidence-based decisions while reducing fraud and improving efficiency.”
About Resistant AI
Resistant AI checks any document—from anywhere—for fraud or authenticity in seconds. Trained on over 100 million documents, our AIhub gives onboarding, underwriting, and risk teams bionic eyes to detect document fraud invisible to the naked eye in bank statements, utility bills, certificates of incorporation, and more. Resistant AI helps transform gut-feels into confident, evidence-based decisions perfectly tuned to your risk appetite. Customers such as Dun & Bradstreet, Payoneer, Close Brothers, PennyMac, and others have experienced up to 3x less fraud, 10x faster review times, and 90% automation rates—achieving ROI within just a few months. Investors include GV (formerly Google Ventures), Index Ventures, Notion Capital, and more.
Visit resistant.ai or connect on LinkedIn to make your documents Resistant today.
About Fraud-Sense
Fraud-Sense is a Risk Intelligence innovator. We bring over a decade of R&D in unstructured data analytics and large-scale deployments by the US Government and Fortune 50 companies, to organisations in the Middle East & Africa. Our FCRM-Saas™ platform is a purpose-built SaaS solution used by banks & enterprises to automate their Document Compliance, Third-Party Risk and Investigations Processes. Its ability to accurately assess the relevance of data and the risk associated with an individual or organisation is derived from the depth of its pre-trained AI technology.
For more information, please connect with us via reachus@fraud-sense.com You can also visit fraud-sense.com or connect on LinkedIn to learn more