Month: June 2025

Clari5 participated as an Innovation Partner at the Identity, Authentication & Fraud Prevention Conference (IAFPC) 2025, a flagship regional forum that brought together leading banks, regulators, and cybersecurity experts to discuss the next generation of digital identity, authentication, and fraud prevention strategies.

The conference, hosted at the Dusit Thani Hotel, Dubai, convened senior decision-makers from across the Middle East’s financial sector, including executives from First Abu Dhabi Bank, Emirates NBD, Mashreq, Dubai Islamic Bank, RAKBANK, ADIB, and the UAE Banks Federation. The event focused on redefining how financial institutions detect and prevent fraud in an era of AI, automation, and rapid digital adoption.

Clari5 CEO Rivi Varghese delivered a keynote titled “The Operating System for AI-Powered Fraud Prevention and Detection”, presenting a unified, enterprise-wide vision for managing financial crime. The session showcased how real-time, AI-driven intelligence can strengthen defense across channels while ensuring transparency and regulatory alignment.

During the live product demonstration, the team showcased Clari5 Genie, the company’s GenAI-powered investigative co-pilot, along with live use-cases from the Enterprise Fraud Management (EFRM) suite. Attendees experienced how Clari5’s enables:

• Day-zero risk scoring and document fraud detection during onboarding
• Real-time transaction monitoring across payments, cards, and digital channels
• Unified case management with compliance-ready reporting and explainable alerts
• AI-driven orchestration across AML and fraud risk functions

The event also featured panels on emerging fraud vectors, continuous authentication, and compliance in decentralized finance, with participation from the Dubai Financial Services Authority (DFSA), FAB, Zand, and Riyad Bank.

Clari5’s presence underscored its growing role as a trusted partner for Middle East financial institutions seeking to modernize fraud risk management through AI, behavioral analytics, and enterprise-wide intelligence. The conference reaffirmed that as authentication and fraud risks evolve, real-time, explainable AI systems are becoming central to secure, trusted, and compliant digital banking in the region.