Sygno secures strategic investment from TIN Capital and ROM Utrecht Region to enhance its AI models for detecting fraud and money laundering in financial institutions.

Target Information

Sygno is a leading specialist in artificial intelligence (AI) focused on combating fraud and money laundering. The company has recently attracted strategic investment from TIN Capital and ROM Utrecht Region to bolster its development efforts. Sygno's innovative technology features explainable AI models, specifically designed to assist financial institutions in swiftly and accurately detecting suspicious transactions.

What distinguishes Sygno is its capability of automatically generating fully explainable models, thereby reducing reliance on scarce AI and compliance expertise. By deploying their solutions within the clients’ infrastructure, Sygno ensures that institutions maintain complete control over data and decision-making processes.

Industry Overview

In recent years, financial institutions globally have been under increasing pressure to utilize AI technology in their efforts against financial crimes. The accelerating pace