The Smartest AI Shield Against Fraud: Meet FraudNet from Payout

Five minutes that can change everything. Silvia had just made herself some evening tea and was about to close her laptop after a long day at work. Then an email arrived: "Your parcel has not been delivered. Click here for redelivery." The courier company's logo looked exactly the same as always.

Without hesitation, she clicked, filled in her card details, and paid a small fee for the reshipment. It took just a few minutes—and Lucia felt like she had solved the problem.

Two hours later, her phone started flashing. One notification. Then another. Then a third. Three large payments abroad – in total more than €4,000. "This can't be true..." Her heart was pounding and her hands were shaking as she called the bank. They managed to block some of the payments, but part of the money was irretrievably gone.

Stories like this are not the exception – they happen every day, and no one is entirely safe. Perhaps you have encountered a similar scenario before. And their number is growing. Frauds are becoming more sophisticated, faster, and harder to detect.

That's why we created FraudNet – an intelligent shield that recognizes threats before you even notice them. It stops fraud before it reaches your money – immediately, reliably, and without delay.

Q: Janka, Payout is now seen as one of the leaders in fintech innovation. What is FraudNet and what makes it special for companies?

Janka: FraudNet is our response to the growing threat of fraud in digital payments. At Payout, we have created a system that can detect and stop fraudulent transactions in real time before they cause damage. We use AI and federal learning to protect our clients without slowing down or complicating payments. With FraudNet, our clients can process their finances quickly, securely, and without the stress of unexpected financial losses. Because nowadays, it's not just about prevention—it's about always being one step ahead of fraudsters.

Q: How does FraudNet differ from other security solutions on the market?

Janka: FraudNet is different in the most important way—it not only detects fraud, but learns to prevent it before it happens. Our system uses advanced federative learning, which means that it is constantly improving due to anonymized data from the entire ecosystem, while sensitive customer data never leaves their environment. This gives companies the best of both worlds – a high level of security without compromising privacy.

What's more, FraudNet wasn't created in isolation. We collaborate with the Kempelen Institute for Intelligent Technologies (KInIT), where we have access to cutting-edge research in artificial intelligence. This collaboration allows us to push the boundaries of fraud detection and deliver solutions that respond to increasingly sophisticated threats in real time.

In practice, this means that FraudNet can automatically identify suspicious or fraudulent transactions before they are processed, stop them, and systematically alert you to emergent risk patterns. All this with minimal impact on the user experience—no delays, no unnecessary disruption, but maximum protection.

FraudNet is not just another security tool. It is an intelligent shield that protects your payments while learning how to do it even better every day.

Q: What does the collaboration with KInIT look like in concrete terms, and what has it brought us?

Janka: We joined forces with KInIT in the early stages of FraudNet's development – we knew from the outset that if we wanted to create a solution that was not only technologically strong but also sustainable in the long term, we needed a research partner with real expertise in the field of artificial intelligence.

Their team helps us set up and test machine learning models that can respond to new threats almost immediately. We also are working together on experiments that push the boundaries of fraud detection without affecting user privacy, a crucial factor for us.

KInIT has brought us not only technology, but also a way of thinking. Thanks to this collaboration, we are able to innovate faster, more accurately, and more responsibly. Most importantly, FraudNet is not based on hypotheses, but on real research and data. That is why we believe it can truly change the way companies in Europe perceive the security of digital payments.

Q: What specific benefits does FraudNet bring to companies that use it?

Janka: FraudNet mainly brings peace of mind to companies. In an environment where the number of online frauds is constantly increasing and their forms are becoming more sophisticated, having reliable protection is a must. FraudNet can detect a suspicious transaction before it becomes a problem, saving companies both money and reputation.

From the user's point of view, its major advantage is that it works reliably but discreetly. It does not require any complicated changes in the client's operations or delays in the payment process – everything runs smoothly in the background. From a technical perspective, FraudNet is designed to quickly adapt to different types of businesses, whether they are smaller fintechs or dynamically growing companies across Europe. Thanks to its flexible integration, it can be incorporated into existing infrastructure without significant cost or time investment.

Last but not least, it is a solution that grows with your company. Whether you process hundreds or millions of transactions, FraudNet can scale to your needs and always keep you one step ahead of fraudsters.

Q: What technology trends do you think will influence the future of digital security?

Janka: Digital fraud is constantly developing—and, unfortunately, accelerating. Until recently, we were mainly dealing with phishing emails, but today we are facing deepfake voices that sound like your boss and demand immediate money transfers. Or so-called "pig butchering" scams – long-term manipulations that combine trust, psychology, and fake investments.

That is why we believe that the future of security lies in automation and predictive intelligence. Solutions must respond to fraud before it even happens – and that is only possible with the help of AI.

At the same time, we are also monitoring the potential of blockchain technology, which can bring greater transparency and trust to the world of payments. For us at Payout, it is important not only to keep up, but to stay one step ahead – which is why we are already working to create an environment where payments are not only fast, but also reliably protected.

Our vision is clear: a platform where finances are fluid, secure, and borderless—and where even the most cunning fraudster will hit a wall of intelligent protection.

Q: What are your plans for FraudNet and where is Payout headed in the coming years?

Janka: Our goal is for FraudNet to become the new European standard in digital payment security. We already operate not only in Slovakia, but also in the Czech Republic, Romania, and seven other EU countries – and this is just the beginning. We are working intensively to expand our solutions not only geographically, but also in terms of our product portfolio.

We also see a great future in embedded finance – technologies that enable companies to pay customers and partners within seconds, obtain financing or loans, directly in our Payout Banking. No waiting. No complications. And above all – with maximum protection against fraud.

Strong partners such as KInIT help us innovate quickly, professionally, and with an emphasis on real added value for the client. At Payout, we believe that the future of finance is without limits – but definitely not without security standards. And we want to set those standards ourselves.

Q: What would you recommend to companies that are still hesitating to implement modern security solutions?

Janka: Companies that are still considering whether investing in security is worthwhile should realize one thing: in the digital world, trust is the most valuable currency. Fraud is fast, sophisticated, and constantly evolving—but luckily, so are the technologies that can stop it. FraudNet isn't just about protecting against risk. It's a tool that provides real cost savings, faster cash flow, and a competitive advantage for companies. Modern security is no longer simply insurance—it's a growth accelerator. At Payout, we believe that the future of finance will be seamless, secure, and borderless. And right now is the perfect time to prepare for what's coming.

Intelligent protection that grows with you

With the growing emphasis on security, trust, and speed in the digital world, one thing is certain: those who don't start innovating today will be playing catch-up with the competitors tomorrow. That's why FraudNet is here – to protect you, speed up your processes, and prepare your business for the future.

Want to know how FraudNet can protect your business? Get in touch – we'll be happy to show you how easy it is to deploy intelligent protection without limitations.