bleckwen

bleckwen is a European behavioural AI fraud-detection platform that works in real time on SEPA Instant, card payments and crypto transactions. The company was founded in 2017 and is based in Paris.

Products The listed products are real-time payment fraud detection with a response time under 50 ms, SEPA and instant-payment scoring, mule detection and AML screening. According to the company, the platform was designed for ultra-fast checks of instant, irrevocable transfers, where there is no time for a manual review.

Customers and coverage Target customers are banks, PSPs, EMIs and fintechs. Stated geography is France, the European Union and the United Kingdom.

Commercial model bleckwen is offered as enterprise SaaS, so terms are agreed per client. Questions worth raising with the vendor include supported payment schemes, integration time with an existing transaction flow and how scoring results are returned to the client's systems.

The sub-50 ms scoring target and the focus on SEPA Instant reflect the main constraint of instant payments: the decision must be made before funds leave the account.