AI-Driven Risk Management & Compliance
Fraud Prevention
Real-Time Monitoring
Risk Insights
AML Compliance
Risk Scoring
Rule Management
Customer story
MoneyPay
Formica AI has established a strong position in the fintech industry with its AI-powered financial crime prevention, fraud detection, compliance and risk management solutions.
Formica AI Empowers Compliance & Risk Management for MoneyPay, a leading fintech in Türkiye
Formica AI empowers MoneyPay to stay one step ahead of financial crime with AI-powered fraud, AML, KYC, and risk solutions. Real-time insights help teams detect threats faster, make smarter decisions, reduce risk, and build greater trust across every financial interaction.
about Moneypay
MoneyPay is a leading fintech company in Türkiye, offering digital payment and financial solutions that connect consumers and businesses, simplify daily transactions, enhance payment experiences, and make financial services more accessible, seamless,
and secure.
20
B+
Transactions Annually
<10
ms
Processing Latency
5
M+
Fraud Prevented
Up to
68%
Fewer False Positives
The Challenge
As MoneyPay expanded its digital financial services, the need to manage fraud and financial crime risks grew with it. Rising transaction volumes required faster detection while keeping payments smooth and secure for customers.
Evolving fraud methods also made it harder to rely on static controls alone. MoneyPay needed greater visibility into risk signals, with faster ways to spot unusual activity and respond before potential threats could impact operations.
The key challenge was finding a flexible and scalable risk management platform that could support real-time transaction monitoring, reduce false alerts, ease the workload of risk teams, and help MoneyPay grow without adding friction to the customer journey.
What did
Formica AI do?
Formica AI provided MoneyPay with an AI-powered all-in-one platform designed to strengthen fraud prevention and risk management across its digital financial operations. By combining real-time transaction monitoring with smart risk scoring, MoneyPay gained greater visibility into suspicious activity and the ability to respond to potential threats faster.
With flexible rules, AI-driven insights, advanced monitoring and compliance capabilities, Formica AI helped MoneyPay improve risk decisions while reducing unnecessary alerts. The platform enabled risk teams to focus more on cases that required attention, reduce manual effort, and manage changing fraud patterns through a more agile and data-driven approach.
Formica AI also gave MoneyPay a scalable risk infrastructure that can support growing transaction volumes and evolving business needs. By bringing key risk processes together on one platform, MoneyPay improved operational efficiency, strengthened payment security, and delivered smoother customer experiences while maintaining effective control over financial crime risks.
The Results
- Faster Detection of Evolving Fraud Patterns
- Stronger Protection Across Digital Payments
- More Automation, Less Manual Review Workload
- Faster, Data-Driven Risk Decision-Making
- Secure Scaling for Growing Transaction Volumes
Contact us
Build Trust.
Manage Risk Smarter.
Discover how Formica AI helps businesses detect financial crime, manage risk, and strengthen compliance with AI-native technology.
Your benefits:
- AI-Native
- Real-Time
- Scalable
- Low Latency
- Easy Integration
- Proven Expertise
What happens next?
1
We understand what you truly need
2
We connect you with our team of experts
3
We tailor the right solution for you