Course · Subscriber

Fraud and Risk Architecture

How financial services actually fight fraud. From identity verification to real-time scoring to the AI arms race.

6 modules·Available now

How fraud and risk teams operate in practice. Identity verification, behavioral scoring, real-time decisioning, the architecture of a fraud stack, and where AI has and has not changed the game.

Who this is for

Risk and fraud analysts moving into a leadership role
Product managers owning a fraud surface
Engineers integrating identity, scoring, or decisioning APIs
Anyone evaluating fraud vendors against a real budget

What you will learn

Build a fraud stack: identity, behavioral, transactional, and post-event layers
Read fraud and risk vendor pitches with the right scepticism
Pick the right model for the right decision: rules, classical ML, LLMs
Design real-time scoring pipelines that scale without breaking the user experience
Tell where AI actually helps from where it just adds latency and explainability debt
Plan for the adversarial future without paying for vapourware

Syllabus

01The Fraud Landscape
Map the modern fraud landscape. Attack vectors, fraud typologies, the economics of financial crime, and why traditional defences are failing.
02Identity Verification Infrastructure
How identity verification systems work at scale. KYC pipelines, document authentication, biometric matching, and the infrastructure behind onboarding decisions.
03Transaction-Level Fraud Detection
Real-time fraud scoring at the transaction level. Rule engines, machine learning models, behavioural analytics, and the signals that separate legitimate payments from fraud.
04Merchant Risk and Underwriting
Merchant risk assessment and underwriting decisions. How acquirers evaluate merchants, monitor ongoing risk, and manage portfolio exposure across industries.
05Compliance and Regulatory Architecture
The compliance infrastructure behind payments. AML programmes, sanctions screening, regulatory reporting, and how compliance architecture scales across jurisdictions.
06The AI Arms Race
How AI is transforming both fraud attacks and defences. Deepfakes, synthetic identity, adversarial ML, and the next generation of AI-powered fraud prevention systems.