Case Study: Holvi improves financial crime detection efficiency with ComplyAdvantage

Holvi boosts alert precision to 40% with ComplyAdvantage

Holvi, a digital bank serving small businesses and freelancers, faced the challenge of efficiently detecting financial crime without disrupting its legitimate customers' seamless experience. To address fast-changing fraud typologies, Holvi partnered with ComplyAdvantage to use its AI-driven solutions for customer onboarding, screening, and fraud detection.

By implementing ComplyAdvantage's products, including its Fraud Detection solution and the AI-powered Smart Alerts for transaction monitoring, Holvi significantly improved its operational efficiency. The solution resulted in 40% of high-priority alerts being true positives and allowed the team to focus effectively, all without any business downtime during the smooth implementation.

Holvi