Leusden, Utrecht-based Sygno (previously Fraud Dynamics), a provider of Automated Machine Learning (AutoML) transaction monitoring models, announced on Monday that it has been selected to participate in the seventh FIS Fintech Accelerator programme in partnership with The Venture Center.
The 12-week 2022 programme began July 19 and will culminate with Demo Day on November 9, when fintechs will demonstrate their refined solutions to hundreds of leading financial institutions, potential investors, and industry participants.
Sygno: What you need to know
Founded by Sjoerd Slot, Sygno has built an automated model generation technology to enhance the existing transaction monitoring environment of financial institutions.
The Dutch company’s automated modelling of good behaviour uncovers transaction monitoring risks and reduces false positives.