The financial services industry does not have a shortage of fraud tools. However, most fraud and AML platforms were built for a world where attacks were opportunistic and patterns were predictable. That world is gone.
Today, fraud operations run with the discipline of a software company’s continuous iteration, AI-generated synthetic identities that pass KYC, and cross-channel coordination that exposes every silo in a legacy architecture. The platforms built to catch yesterday’s fraud cannot keep up with today’s.
Zoven is built for this moment.
Founded by Vivek Karna and Prashanth YV, both fintech veterans who spent years watching fraud and compliance teams fight a losing battle with the wrong tools, Zoven is the platform they wished had existed.
| “Most platforms add AI to old architecture. Zoven is different. Built AI-native from the ground up, it manages the entire merchant risk lifecycle in one place, covering onboarding, transaction monitoring, AML compliance, and chargeback management, with intelligence at the core, not the edges.” – Vivek Karna, Co-founder & CEO, Zoven AI |
Beyond rules. Beyond dashboards.
At the heart of the Zoven platform is its Fraud Risk and AML product and it is different from every other tool in this category in one fundamental way.
Traditional fraud and AML platforms offer three things: rule creation, case management, and regulatory report generation. These are the baselines but also backward looking. They do not help your team understand what it means, why it matters, or what to do about it. Zoven does all three and then adds an intelligence layer that no legacy platform can replicate.
| Capability | What it means in practice |
|---|---|
| AI Alert Summaries | Every alert is enriched with an AI-generated snapshot : key patterns, risk signals, and linked transactions, giving analysts immediate context to triage faster and make informed decisions from the outset. |
| AI Investigation Reports | Once a case is created, Zoven’s AI agents conduct a comprehensive first-pass investigation mapping entities, analyzing transaction behaviour, uncovering network linkages, and flagging anomalies delivering in minutes what traditionally takes hours. |
| SOP-Aware Decision Intelligence | Upload your institution’s Standard Operating Procedures. Zoven’s AI agents internalise them; every summary, recommendation, and escalation is grounded in your own policies, not generic playbooks. |
Feed Zoven your Standard Operating Procedures. Our AI agents execute every step, run the investigation end to end, and produce detailed reports with crisp summaries. Your fraud and AML teams don’t start cold. They start informed, and they move fast.
Consider what this means operationally. A fraud analyst opening a case today spends the first hour on retrieval pulling transaction history, running entity checks, reviewing related cases. None of that is analytical work. Zoven’s AI agents complete it in seconds and deliver a structured preliminary report the moment the case is opened. What the analyst does next is reasoning, not retrieval. It is the work that actually stops fraud.
Now open for onboarding
Zoven is now accepting early customers across India, the United States, and Southeast Asia. The programme is designed for banks, fintechs, and payment facilitators that are ready to move beyond legacy fraud infrastructure.
Early customers receive direct access to the Zoven product team, SOP integration support, a custom pilot scoped to one product or fraud typology, and founding customer pricing. Institutions operating with Zoven’s early access programme have seen preliminary investigation time drop from hours to minutes within the first 30 days of deployment.
The best way to understand what Zoven does is to see it on your own data. Institutions interested in early access are invited to book a demonstration at zoven.ai.
About Zoven
Zoven is an AI-native risk intelligence Platform building infrastructure for the next generation of fraud prevention, AML compliance, and merchant risk management. Its platform manages the entire merchant risk lifecycle from onboarding and transaction monitoring through to chargeback resolution and regulatory reporting through a single intelligent system. Zoven is headquartered in Bengaluru, India, and is currently onboarding customers across India, the United States, and Southeast Asia.
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This article was sponsored by Zoven
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Featured Image Credit: Zoven
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