CSI, a leading provider of financial software and technology, recently announced the launch of its AI-powered Anti-Money Laundering (AML) compliance and fraud detection solutions, TruDetect and TruProtect. The solutions are powered by DATASEERS®, a data-driven B2B SaaS company specialized in automating manual processes and providing real-time risk and compliance insights. Amid rising concerns about financial crime, financial institutions are increasingly seeking advanced tools to enhance AML and fraud detection capabilities. According to Celent, over 95% of AML alerts are false positives, leading to significant inefficiencies. Additionally, AML analysts spend between 30 and 70 minutes per alert, as reported by Nasdaq, further compounding the challenge. Consumers reported losses of more than $12.5 billion to fraud in 2024, exacerbating the need for robust, real-time detection systems. TruDetect is specifically designed to reduce false positives, streamline investigations, and provide compliance teams with clarity and control. Key features include: Customization: TruDetect is tailored to each institution's unique compliance needs, ensuring a flexible and effective solution. Seamless Integration: The solution can be integrated into any core banking system, and it is natively integrated within CSI’s NuPoint core system, allowing for faster deployment and smoother data flow. Real-Time Insights: TruDetect provides instant support and AML protection without disrupting the customer experience, making it easier for institutions to identify and act on suspicious activities. Steve Sanders, Chief Risk and Information Security Officer at CSI, emphasized TruDetect's ability to integrate seamlessly and provide immediate benefits. He highlighted, "Unlike one-size-fits-all systems, TruDetect is built for every institution’s unique compliance needs. It seamlessly integrates into any bank’s compliance team, instantly providing support and AML protection without causing disruptions." Sharon Anderson, President and CEO of Williamstown Bank, shared her enthusiasm for TruDetect. Anderson noted, "The sophistication and volume of fraud attempts in our industry have reached unprecedented levels. TruDetect’s ability to grow with our demands and consolidate data for high-risk customers into one dashboard makes it easier to spot patterns and file Suspicious Activity Reports (SARs) when necessary." Complementing TruDetect, TruProtect is an AI-powered system designed for real-time monitoring of suspicious P2P (Peer-to-Peer), ACH (Automated Clearing House), wire, and card activities. It also provides protection against account takeovers. Key benefits of TruProtect include: 24/7 Monitoring: TruProtect constantly monitors transactions, ensuring continuous protection. Intelligent Automation: The system uses advanced AI to identify and flag suspicious activities, reducing the burden on smaller financial institutions that may lack specialized security teams. User-Friendly: TruProtect does not require extensive technical expertise, making it accessible to a wide range of institutions. Sanders further commented on TruProtect, stating, "Financial institutions need smarter, faster fraud detection tools that work around the clock. With TruProtect, we're putting AI-powered prevention measures within reach for community banks, helping them stay one step ahead of bad actors." CSI’s 2025 Banking Priorities Executive Report found that 91% of survey respondents expressed interest in using AI for fraud and AML detection and prevention. The launch of TruProtect, planned for later this year, aligns with this growing demand and CSI’s broader commitment to fighting financial crimes. Adwait Joshi, Founder and CEO of DATASEERS®, underscored the significance of the partnership. He stated, "CSI’s strategic partnership with DATASEERS® sets a new standard for leveraging financial data to protect the vulnerable, empower institutions, and combat crime. Together, we’re redefining how financial institutions use their data to enable intelligent automation and optimize every decision." DATASEERS® is headquartered in Alpharetta, Georgia, and its platform is trusted by forward-thinking institutions looking to simplify financial ecosystems and enhance compliance. The company also supports social impact initiatives aimed at combating human trafficking and terrorism. CSI’s announcement follows the launch of its check fraud solution in February, demonstrating the company's ongoing commitment to developing advanced, customer-centric solutions. For more information on CSI, visit csiweb.com. For DATASEERS®, visit dataseers.ai. Industry insiders have praised the integration of AI in financial crime detection and prevention, noting that it significantly enhances the efficiency and effectiveness of compliance and fraud monitoring. The partnership between CSI and DATASEERS® is seen as a strategic move that could help set new standards in the industry, particularly for smaller institutions that often struggle with resource constraints. Both companies have a strong track record in innovation and customer service, positioning them well to drive further advancements in financial technology and security.