Catalog record · Fraud Detection & AML
Stage as of Dec 6, 2024 · historical report, not live reconfirmation.
Risk models reduce unnecessary remittance interventions
Primary workflow source. A named organization's workflow supported by a reviewed primary source. Stage is reported separately; this label does not establish measured outcomes or independent validation.
Last researched Oct 26, 2026. Source access and reported stage are recorded below; deployment evidence does not establish ROI.
What the research supports
Remitly evaluates transaction patterns for identity theft and card fraud while minimizing verification friction for legitimate transfers.
- Reported stage
- Production
- Technology
- Machine Learning
- Business function
- Middle Office
- Impact (legacy label)
- Not labeled
- Catalog date · unconfirmed
- Not reported
- Imported
- Oct 29, 2026
- Last researched
- Oct 26, 2026
Measures & evidence
>25% reduction
Fraud intervention rate
Measurement window not disclosed
Scope, baseline & source
- Scope / denominator
- Measurement population / workflow scope not disclosed
- Baseline
- Not disclosed in this account
- Claim basis
- 2023 versus prior year
Source-reported claim; methodology, baseline and independent validation may be undisclosed. Inspect the research dossier.
Read dossier source ↗Exact claim-to-source location has not been mapped. This link belongs to the research dossier.
>30% reduction
Transaction loss rate
Measurement window not disclosed
Scope, baseline & source
- Scope / denominator
- Measurement population / workflow scope not disclosed
- Baseline
- Not disclosed in this account
- Claim basis
- 2023 versus prior year
Rate change; not an absolute cash savings total.
Read dossier source ↗Exact claim-to-source location has not been mapped. This link belongs to the research dossier.
Measures retain their original currency, scope and period. Capacity, adoption and forecasts are not realized cash savings.
Documented vendor relationships
No vendor relationship has been linked to this specific workflow in the curated overlay. This does not mean it was built without vendors.
See the company’s documented relationshipsDeployment evidence & limits
Issuer describes operating models and 2023 results. Status as of 2024-12-06.
Stage is as reported in the cited evidence. Current operating status has not been independently reconfirmed; the research date is an editorial review date.
Deployment evidence does not establish measured effectiveness or independently validated ROI.
Source register
- How Remitly Is Tackling Fraud and Reducing Interventions with Machine Learningnews.remitly.com · opens in a new tab
Remitly · issuer · full-text · Published 2024-12-06
Research lanes: payments · Batch global-discovery-2026-10-26. Coverage and remaining gaps