1 min read

Company Showcase: Sygno – Automating Financial Crime Detection for a Safer Future

As technology continues to advance, so do the methods used by criminals to commit financial crime. This puts businesses in a difficult position; they must remain compliant with regulations while staying one step ahead of those who are trying to exploit loopholes. Sygno, a startup based in Leusden, Utrecht, The Netherlands, is revolutionizing the way financial crime is detected and prevented with their automated machine learning technology.

Sygno’s Approach to Fighting Financial Crime

At Sygno, they believe that the best way to catch bad actors is to first understand what good behavior looks like. By analyzing and identifying patterns in regular customer behavior, anomalies and suspicious activities become much more apparent. Their machine learning technology generates detection models based on a business’s own raw data and regulatory requirements, which can then be deployed in their transaction monitoring system of choice. This approach significantly reduces the number of false positives, and increases the number of true positives.

Benefits of Sygno’s Approach

The benefits of Sygno’s approach are twofold. Firstly, it saves businesses time and money by reducing the number of false positives, allowing case analysts to spend their time on meaningful investigations. Data scientists can also focus on more bank-specific risks, and compliance teams can easily explain the transparent models to regulators. Secondly, it enables businesses to catch criminals faster and more effectively, which ultimately leads to a safer financial ecosystem for everyone.

Explore:  Company Showcase: Revolutionizing Digital Assets with Brickken's Token Suite

Sygno’s technology is already making waves in the industry. It has been successfully deployed at a number of financial institutions, and has been recognized as a “Cool Vendor” in Gartner’s 2020 report on “Cool Vendors in AI for Banking and Investment Services.”

Sygno’s Team and Vision

Sygno’s team is comprised of experts in the fields of machine learning, data science, and compliance. Their combined expertise has allowed them to create a solution that is both effective and user-friendly. The company’s vision is to make transaction monitoring more manageable and effective for businesses, while also creating a safer financial ecosystem for everyone.


Sygno’s automated machine learning technology is a game-changer for businesses in the fight against financial crime. By focusing on regular customer behavior, Sygno is able to reduce the number of false positives and increase the number of true positives, making transaction monitoring more manageable and effective. Their team of experts is dedicated to creating a safer financial ecosystem for everyone, and their technology is already making a significant impact in the industry.

Website: http://www.sygno.com

LinkedIn: https://www.linkedin.com/company/sygno

Ready to Promote Your Brand with Finance Magazine?

Looking to reach a targeted audience of finance professionals and decision-makers? Finance Magazine offers sponsored article opportunities and partnerships to help you showcase your brand and drive sales. Learn more about our advertising options and reach out to us today! Click here to discuss sponsored articles and partnerships.

Maximize your brand visibility and engage with a highly engaged finance audience. Contact us at [email protected] to get started. Let Finance Magazine be your platform for success!

Explore:  Is Patient, Long-Term Venture Capital the Path to Global Tech Success?

Financial Magazine

FinMag.co.uk is a leading online platform dedicated to providing up-to-date and insightful information about finance, business, and investment. As an authority in the industry, FinMag.co.uk is trusted by professionals, investors, and business owners worldwide for its accurate and reliable news and analysis.

Previous Story

Company Showcase: Instapay – Streamlining Revenue Management and Payments

Next Story

Company Showcase: Nexity Network – Redefining Supply Chain with Blockchain

Latest from Blog

About us

FinMag.co.uk is a finance magazine that covers the latest news and trends in the finance industry. Its articles cover a wide range of topics, including banking, investment, insurance, and technology. With a focus on providing valuable insights and analysis, FinMag.co.uk aims to keep its readers informed about the most important developments in finance and how they may impact businesses and individuals alike.



Copyright. All Rights Reserved.
Owned & operated by Unstructured.media