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Datos Insights Announces Winners of the 2023 Fraud & AML Impact Awards


Datos Insights Announces Winners of the 2023 Fraud & AML Impact Awards

BOSTON – Datos Insights, formerly Aite-Novarica Group, is pleased to announce the winners of the 2023 Fraud & AML Impact Awards. The awards recognize and celebrate the industry’s leading and impactful fraud and anti-money laundering (AML) innovations.

In its third year, the Fraud & AML Impact Awards program identifies the organizations and vendors whose new and disruptive financial crime solutions and capabilities more effectively and efficiently counter escalating financial crime threats. Award recipients and their innovations are bringing the financial services industry one step closer to triumphing over fraud, money laundering, and other illicit activity.

The 2023 winners for Fraud Innovation are:

  • Best Authentication – Capital One
  • Best Innovation by a Financial Institution – NatWest Featurespace
  • Best Digital Identity Verification – Incognia 
  • Best Transaction Fraud Monitoring and Decisioning – DataVisor 

The 2023 winners for AML Innovation are:

  • Best AML Transaction Monitoring Innovation – Elliptic 
  • Best Know Your Customer/Business (KYC/KYB) Innovation – Socure 
  • Best Financial Crime investigation and Reporting Innovation – Lucinity 
  • Best Sanction/Watchlist Screening Innovation – LexisNexis Risk Solutions

The award winners and finalists were selected based on the following criteria, which were considered when scoring each entry:

  • Level of innovation
  • Competitive advantage
  • Market need
  • Financial crime risk mitigation
  • Impact on customer experience and operational efficiency
  • Integration and scalability
  • Future roadmap

“Organized crime is relentlessly bombarding society with scams, automated bots, synthetic identities, mule activity, and application fraud. And the ongoing economic uncertainty is compelling organizations to manage costs more carefully and find ways to improve operational efficiency and resource utilization,” says Chuck Subrt, Fraud & AML Practice Director at Datos Insights. “The financial services industry is doubling down on innovation, automation, and data to take on this confluence of challenges and risks,” he explains.

The winners were selected by a global panel of both internal and independent experts on fraud and AML. The identification of any Datos Insights award winner or finalist is not an endorsement by Datos Insights of any vendor, product, or service.

To request additional information about Datos Insights’ Fraud & AML Impact Awards, please contact us at [email protected].   

About Datos Insights
Datos Insights delivers the most comprehensive and industry-specific data and advice to the companies trusted to protect and grow the world’s assets, and to the technology and service providers who support them. Staffed by experienced industry executives, researchers, and consultants, we support the world’s most progressive banks, insurers, investment firms, and technology companies through a mix of insights and advisory subscriptions, data services, custom projects and consulting, conferences, and executive councils. Visit us on the web and connect with us on LinkedIn.

Press Contact:
Kaitlyn Labbe
Public Relations
[email protected]