The challenge
A high-growth fintech was losing 0.42% of transaction value to fraud. AML screening was a daily batch on a legacy Oracle estate; OFAC matches were missed because the screening window was too narrow; case management lived in spreadsheets.
What we delivered
- 01Real-time AML & fraud scoring on Databricks with streaming inference.
- 02Graph ML on Snowflake for entity resolution and ring detection.
- 03OFAC / UN / EU screening with real-time list updates.
- 04ServiceNow IRM case management with auto-evidence.
- 05Continuous controls monitoring with BCBS-aligned evidence packs.
Outcomes
- −38% Fraud loss rate.
- 18,000 Transactions scored per second.
- 12 min p95 case-to-decision latency.
- 100% OFAC list coverage, real-time.
“ByteWave’s fraud ML is the single biggest lever on our P&L this year.”
— Group CRO, Fintech