Mashreq Adds Generative AI to Fraud Investigations With Clari5

Mashreq has introduced generative-AI capabilities within its fraud-risk platform in collaboration with Clari5, a Perfios company. The bank says the upgrade is designed to bring information from different sources together for investigators.

The new tools are intended to help teams interpret alerts, connect related evidence and reach decisions more quickly while retaining human review. The deployment extends Mashreq’s use of analytics and automation in financial-crime controls.

The effectiveness of the system will depend on its implementation, data quality and governance; the announcement does not disclose measured reductions in fraud losses. Source: Mashreq and Clari5 announcement.