SEON Alternative for Transaction Monitoring, AML and Fraud Prevention

Customer evidence alongside transaction risk. Shufti connects monitoring to identity verification, screening and available due-diligence records, helping analysts assess activity against the customer’s profile.

Signal and transaction context. Profiles combine device, behaviour, screening and transaction data; public materials do not show the same KYC, due diligence or source-of-wealth context in each decision.

Five signal families in one profile. KYC, device, 90- day behavioural baselines, geolocation and address matching, and velocity analysis, plus ring links across shared identifiers and beneficiaries.

Signal and transaction layer. Email, phone, IP, device, behaviour, location, velocity and transaction fields, with network views.

Named AML and identity typologies. Structuring, smurfing, mule activity, corridor and beneficiary risk, and layering, plus synthetic identity, deepfake, document and impersonation fraud.

Named AML and fraud patterns. Structuring, layering, rapid fund movement, bonus abuse and multi-accounting.

Real-time, identity-anchored decisions. Rules, baselines and ring links return Approve, Decline or Custom Review, with batch review and hosted User Risk Assessment.

Real-time fraud and AML scoring. Rules, AI scoring and enriched signals support real-time decisions; enrichment timeouts are configurable.

Review rules before they affect customers. Draft detection rules with AI assistance, backtest them against historical transactions and require MLRO approval before activation.

Flexible rule configuration. Configurable rules, sandboxing, AI-assisted authoring and historical batch tests support analyst-led tuning.

Custom Review with MLRO escalation. Route alerts by risk, typology, jurisdiction, customer tier or data completeness through L1/L2 and four-eyes review, with SLA tracking and Not Assessable for missing data.

Workload routing and AI triage. Alerts route by priority, risk, workload or SLA, with checklists and confidence-scored screening recommendations.

Immutable case record. IDV and AML cases, verification sessions and screening outcomes sit on an append-only five-year log, with SAR, STR and CTR filing to FinCEN, NFIU and CBI.

Centralised investigations and FinCEN filing. Notes, evidence, tasks, approvals, network views and exports support direct SAR, CTR and Form 8300 filing.

Governed suppression. Sanctions matches and prior SARs cannot be suppressed; backtesting shows projected analyst workload before activation.

Confidence-scored recommendations. Configurable fuzzy matching and an AML Screening Agent help analysts prioritise likely false positives.

Named, testable product. Transaction monitoring has its own product and pricing-page listing, alongside AML case management and regulatory reporting, with a free tier.

Premium tier only. AML Transaction Monitoring, Payment Screening and Case Management are custom-priced; Starter covers fraud checks.

Multi-signal risk plus certified proof. Email, phone, IP, device and velocity checks combine with document forensics, biometric matching and iBeta Level 3 liveness.

Identity verification plus fraud signals. Document, passive liveness, proof of address and eID checks combine with device and behavioural signals.

Continuous signals with biometric step-up. Behavioural biometrics, device fingerprinting, MFA, geofencing and monitoring rules can trigger 1:1 face authentication with iBeta Level 3 liveness.

Passive session detection. Device, keystroke, mouse, automation, device-farm, remote-access and call-state signals identify takeover patterns.

Biometric and device-linked duplicates. Connect reused faces, documents, emails, phones and devices across accounts, with configurable abuse controls.

Signal-led controls. Device and behavioural rules target bonus abuse and multi-accounting.

Transaction, counterparty and crypto controls. Transaction monitoring, Bank Account Verification, Crypto Wallet Screening and Travel Rule checks tie payment risk to verified customer and beneficiary context.

Authorisation-time payment screening. Check names, BIC and SWIFT codes, wallets, velocity and sanctioned-country indicators before settlement.

Certified document and biometric controls. Nine- layer document forensics with published DHS RIVR 2025 results, iBeta Levels 1 to 3 and metadata- independent deepfake detection.

Identity verification with injection detection. Template-free document analysis, passive liveness, injection and deepfake detection; no public iBeta or ISO/IEC 30107-3 PAD listing was found.

Identity-, device- and transaction-linked networks. Connect accounts through shared identifiers, biometrics, documents, payments or beneficiaries, with relationship mapping.

Transaction-cluster graph. Network Detection finds clusters in transaction history and maps linked activity.

Cross-layer inputs. Identity, document, device, behavioural, screening and transaction signals feed the same models.

Signal and transaction inputs. Models show which enriched signals drove the AI score and retrain daily on labelled data.

Advisory AI, authoritative rules. Compliance Co-Pilot explains one of five statuses with a 0-to-100 confidence score; humans decide, while missing data returns Not Assessable.

Whitebox scoring and rule suggestions. Ranked signal contributions and human-readable suggestions keep decisions traceable.

In-house model stack. Shufti states that it builds and runs its document, face, screening and monitoring technology internally under one platform owner.

First-party fraud models; IDV provenance not public. SEON describes first-party fraud models, but does not publicly confirm whether its document and biometric engines are built or licensed.

Broad verification choice. Document, biometric, NFC, docless eIDV, VideoIdent, mDL and EUDI wallet options.

Integrated identity verification. Document, passive liveness, proof of address, eID and NFC checks combine with device and behavioural signals.

Entity screening tied to KYB. AML, Business AML, PEP and RCA, sanctions, watchlists, adverse media, crypto wallets and bulk CSV screening.

Customer and payment screening. Separate modules check customers and, at authorisation, names, BIC and SWIFT codes, wallets and sanctioned-country indicators.

Continuous re-screening and tiered PEPs. API, webhook, email or back-office alerts, four PEP tiers, RCA inheritance and multilingual adverse media with phonetic matching.

Configurable cadence. Daily-to-yearly or event- triggered monitoring across sanctions, PEP, watchlist and adverse-media coverage.

Registry KYB with multi-layer UBO. Quick KYB in under 15 seconds, enhanced KYB in one to three business days, configurable ownership thresholds and re-screening.

Entity screening is documented. Businesses, vessels and NGOs can be checked; registry-based KYB and UBO discovery are not publicly documented.

SaaS, private cloud, on-premise and hybrid. Full feature parity across deployment options.

Cloud only in public materials. No on-premise option is published.

Five documented regions. EU, UK, US, APAC and MENA, with QG-GDPR, CCPA and CPRA.

EU and US regions. GDPR, UK GDPR, CCPA and PCI DSS are stated; other regions are not publicly confirmed.

Journey Builder with 18 services. REST API, hosted link, iframe, QR and Android, iOS, Flutter, React Native and Cordova SDKs, plus automatic code generation.

Fraud-specific integration depth. Dedicated APIs, web, iOS, Android and Flutter SDKs, a workflow builder, Shopify Flow and label feedback.

One-hour response on the top tier. Email, tickets and chat are available, with a 24-hour response on lower tiers.

24/7 on Premium only. Starter includes ticket and email support; Premium adds 24/7 support, account management and Managed Risk Services.

Verification-led entry. 10 free verifications monthly; Essentials starts at $1.50 per verification up to 20,000; enterprise pricing is on request.

Fraud-check package; AML on Premium. Starter is $699 monthly for 2,500 fraud checks, 10 users and 50 rules; Premium is custom-priced.

iBeta Levels 1 to 3. ISO/IEC 30107-3 conformity on iOS and Android, with 0% APCER at Levels 1 and 2 and published certification details.

No publicly listed PAD certification. Injection and deepfake detection are enabled by default for IDV, but no iBeta or ISO/IEC 30107-3 listing appears publicly.

Published DHS RIVR 2025 results. Shufti attributes document and face-match results to the US Department of Homeland Security evaluation.

Not published. No independent document or biometric accuracy test appears on SEON's public pages.

Honorable Mention in the 2026 Gartner Magic Quadrant for Identity Verification. Announced 28 July 2026.

No equivalent listing published. SEON's pages do not cite an identity-verification analyst placement.

SOC 2 Type II, PCI DSS 4.0, Cyber Essentials Plus and QG-GDPR. SOC covers 12 months; PCI was independently assessed by a QSA.

ISO 27001, SOC 2 Type 1 and PCI DSS badge. Type 1 dates to September 2024; SEON also states Type 2 without a date.