Pleo partners with Taktile: Smarter financial crime detection for scalable growth
We’re always looking for ways to make spending smarter, safer, and more seamless for our 40,000+ business customers all across Europe. That’s why we’re excited to announce our new partnership with Taktile, a cutting-edge, AI-driven solution that enhances our ability to detect fraud and prevent financial crime in real time.
As Pleo continues to expand, so does the complexity of the transactions we process. This partnership marks an important advancement in our security infrastructure, harnessing the power of artificial intelligence and machine learning to detect unusual activity with enhanced precision and speed.
Why this matters for Pleo customers
Financial crime prevention and anti-money laundering (AML) measures are crucial, but they shouldn’t come at the expense of a smooth user experience. With Taktile’s advanced technology, we’re taking fraud detection to the next level, ensuring stronger security without adding unnecessary friction.
By integrating Taktile’s advanced technology, we’re able to offer:
- Model risk assessments to fit our exact needs rather than relying on pre-packaged insights.
- Monitor and evaluate all types of activity in real time, not just transactions, to catch fraud sooner.
- Transform raw data into sophisticated fraud detection patterns, enabling a more proactive and precise approach.
This means: - Predictive, risk-based monitoring: Transactions are analysed in real-time, easily adapting to emerging fraud patterns.
- Fewer false positives: Customers can make purchases with less unnecessary friction.
- Stronger compliance: Our system meets evolving regulatory requirements across key markets in the UK and Europe.
- Protection as you scale: As criminals become more sophisticated, our AI-powered tools evolve just as fast, ensuring continued security as you grow.
Why we chose Taktile
When evaluating potential partners for our risk management solution, Taktile quickly emerged as the right choice. Their ability to detect threats with precision, combined with an intuitive interface for designing, testing, and validating new scenarios, made a significant impact on our decision.
"Their superior detection capabilities and intuitive user interface for designing, testing, and validating new scenarios enable our teams to become better decision makers. This matters greatly in today's fast-paced financial landscape,” says Hannah Becher, Sr. Lead for Decision Intelligence at Pleo.
"With Taktile, we're looking forward to moving away from manual processes and becoming more data-driven in our approach to fighting financial crime. The ability to quickly adapt to emerging threats while maintaining a smooth customer experience aligned perfectly with our goals at Pleo.”
AI’s role in financial crime prevention
The world of finance is evolving at the speed of light, and AI is at the heart of modern financial crime detection. Traditional systems rely on rigid rules, but AI-powered solutions like Taktile analyse vast amounts of transaction data, spotting subtle indicators that may signal fraudulent behaviour.
However, AI is a double-edged sword. While it allows us to predict and prevent financial crime with remarkable accuracy, it also gives bad actors the tools to develop increasingly sophisticated attacks. This is why agility and adaptability are essential. By working with a dynamic solution like Taktile, we can stay one step ahead of those attempting to abuse financial systems, all while ensuring a seamless experience for all users.
What this means for the future
This partnership is more than just an upgrade to our financial crime prevention tools, it’s an ongoing commitment to long-term security and efficiency. As Pleo continues to grow and enter new markets, we need solutions that can scale with us, keeping transactions secure without slowing down business operations.
With Taktile’s technology, we’re not just reacting to threats, we’re proactively preventing it. And that means better protection, smoother transactions, and more confidence for every business that uses Pleo.