CSI Rolls Out Advanced, AI-Powered AML Compliance and Fraud Detection Tools
CSI, a leading provider of comprehensive financial software and technology, has unveiled its AI-driven anti-money laundering (AML) compliance and fraud detection solutions, TruDetect and TruProtect.
These solutions are powered by DATASEERS®, a B2B SaaS company specializing in leveraging data, automating manual processes, and delivering real-time insights for risk, fraud, compliance, and operational management.
In a press release, CSI quoted Celent, stating that more than 95% of AML alerts are false positives, leading to wasted time and inefficiency in investigations. A Nasdaq report also reveals that AML analysts spend between 30 to 70 minutes on each alert. This issue, combined with the significant rise in fraud—consumers reported losses exceeding $12.5 billion to fraud in 2024—has prompted financial institutions to prioritize advanced fraud detection and AML compliance solutions to protect both their operations and account holders.
A Tailored Approach to Compliance
Steve Sanders, Chief Risk and Information Security Officer at CSI, said, “Unlike one-size-fits-all systems, TruDetect is built for every institution’s unique compliance needs.”
He added, “TruDetect seamlessly integrates into any bank’s compliance team, instantly providing support and AML protection that causes no disruptions to the customer experience. This solution serves as a testament to why we’re excited to work with DATASEERS® on even more cutting-edge fraud solutions in the future.”
AI Adoption on the Rise
According to CSI’s 2025 Banking Priorities Executive Report, 91% of survey participants expressed interest in using AI for fraud and AML detection and prevention. Similar to TruDetect, CSI’s TruProtect system will utilize an AI-powered engine to provide real-time monitoring of suspicious P2P, ACH, wire, and card transactions. Additionally, TruProtect will monitor for malicious account takeovers.
Also read: Lloyds Banking Group speeds AI modernization through Google Cloud Collaboration
Features of TruDetect
TruDetect is designed to minimize false positives, simplify investigations, and give compliance teams greater control, regardless of the regulatory environment. The solution includes:
- Auto-generated, customizable templates for suspicious activity report (SAR) and currency transaction report (CTR) narratives
- Customer behavior dashboards that streamline all relevant transaction activity in one view
- Tailored user roles, workflows and alerts that align with any institution’s needs
- AI-powered risk confidence scoring, empowering analysts to quickly gauge accuracy and make informed decisions
TruDetect, available now, can be integrated with any core banking system and is seamlessly embedded within CSI’s NuPoint core, enabling faster deployment and smoother data flow without the need for third-party configurations. Several financial institutions are already recognizing the benefits of CSI’s comprehensive approach to AML compliance detection.
