Case Study: SwiF Fintech Sdn Bhd achieves fraud-free payments and money-laundering protection with SHIELD Risk Intelligence

Malaysian Fintech Solution Prevents Payment Fraud and Money Laundering with SHIELD Risk Intelligence

SwiF Fintech Sdn Bhd, a Malaysian fintech powering SwiFPay, SwiFLink and SwiF e-Wallet, needed to eliminate payment fraud and money laundering while preserving legitimate transactions. To meet this challenge they engaged SHIELD and its SHIELD Risk Intelligence solution, leveraging key features such as the SHIELD ID and SHIELD Risk Indicators to detect risky devices and tools across their ecosystem.

SHIELD implemented device-level identification, continuous risk profiling across the entire user journey, and detection of fraud tools (e.g., GPS spoofers, app cloners), enabling SwiF to isolate bad actors and investigate suspicious users before fraud occurred. As a result, SHIELD has fully protected SwiF from payment fraud and money laundering, saved their fraud teams countless hours, and ensured a safer, more reliable payment experience for merchants and users.

SwiF

Alan Ting

Business Director