Akurateco has incorporated Fraudio’s antifraud technology into its platform to safeguard PIX transactions for clients operating in Brazil.
Now, acquiring banks, payment service providers, and enterprise merchants in Brazil can perform real-time fraud detection on PIX transactions directly within the Akurateco environment.
As Brazil’s instant payment system, PIX has faced a rise in fraudulent activities, with reported losses amounting to approximately USD 545 million (BRL 2.7 billion) in recent years. The integration of Fraudio and Akurateco is aimed at addressing these challenges, implementing AI-driven fraud scoring and transaction monitoring within the platform.
Regulatory context and compliance
Brazil’s regulations concerning PIX fraud prevention have seen ongoing changes, with the Central Bank of Brazil instituting mandatory antifraud measures and enhanced dispute resolution mechanisms by 2025. Through this integrated platform, Akurateco’s clients can comply with these requirements, simplifying the process of compliance for institutions handling large volumes of PIX transactions.
Fraudio’s technology leverages a centralized network-driven dataset that encompasses issuers, acquirers, and the payment instruments they handle. This setup facilitates real-time contextual analysis across transactions, merchants, cards, and related entities, helping clients to detect patterns and emerging threats not always evident within individual institution portfolios.
Latin America expansion and market strategies
This integration aligns with Akurateco’s broader strategy of expanding into Latin America, a region deemed critical for future growth. Both companies plan to collaborate on go-to-market activities across the region, focusing on digital payment operators in markets where real-time payments are gaining traction.
A Fraudio official mentioned that this partnership has been ongoing for nearly five years and extending it to cover PIX transactions marks an advanced stage of joint fraud prevention efforts worldwide.
The integration benefits Akurateco’s clients, especially those expanding their operations in Brazil, by consolidating fraud protection within a single platform. This reduces reliance on standalone solutions for antifraud compliance.
Brazil remains one of the largest real-time payments markets globally, and there is ongoing pressure to strengthen fraud mitigation measures. Such partnerships reflect the trend among payment infrastructure providers towards embedding compliance and risk management directly into their orchestration layers rather than treating them as separate vendor relationships.
