A Collaborative Fraud Intelligence Network for Banks & Credit Unions
Fraud Watch enables banks and credit unions to anonymously share fraud incidents, use AI to detect emerging patterns, and strengthen the collective defense.
Why Fraud Can No Longer Be Fought Alone
Fraud is networked; criminal organizations coordinate attacks across institutions in real-time. But institutions still operate in isolation, fighting fraud with only their own data, while threats evolve faster than intelligence can travel.
0%
Of institutions reported major fraud increases, with organized fraud rings responsible for most attempts.
Source: Alloy 20250%
Of credit unions lost over $500K each to fraud in 2024, higher than any other financial sector.
Source: America's Credit UnionsThe intelligence layer missing from the fraud ecosystem
Fraud Watch provides the governed coordination and shared intelligence institutions need.
Share & Coordinate
Submit incidents in a standardized format and share them securely
across the network. Your institution’s identity is never revealed. Members see the threat, never who reported it.
Detect & Alert
AI analyzes patterns hourly to detect surges, clusters, and coordinated campaigns. When threats emerge, you receive alerts tailored to your risk profile.
Search & Act
Access the network database and filter by fraud type, region, or date. Review incident details and act early to prevent similar fraud attempts.
With every new institution, the Fraud.Watch intelligence network grows stronger across the U.S.
Join the network now.High-fidelity intelligence, simple orchestration
Take a closer look at the Fraud Watch interface. Designed for speed, built for security, and optimized for institutional collaboration.
AI-Driven Threat Intelligence
Real-time hourly analysis detects emerging clusters and surges across the network.
Regional Fraud Geography
Interactive heatmaps visualize cross-institutional threat vectors by state and region.
Network-Wide Statistics
Monitor total reports and loss amounts to understand the scale of current threats.
Comprehensive Trend Analysis
Drill down into specific fraud categories to benchmark and predict future patterns.
How the network works
One institution reports it
A member submits a structured fraud incident into the governed network,
The network recognizes it
AI detects patterns across reports-surges, clusters, and coordinated campaigns surface in hours.
Everyone responds faster
Alerts reach your fraud team before the threat reaches your institution. Ready, not reactive.
See Fraud Watch in Action
What you can do with Fraud Watch
Submit detailed reports
Structured format, immediately searchable across the network.
AI analyzes patterns hourly
Automatically detects surges, clusters, and coordinated campaigns.
Configure your alerts
By fraud type, severity, and region (delivered via email/SMS).
Search the network
Advanced filters, complete incident details, evidence included.
Track regional trends
See emerging fraud patterns across states at a glance on an interactive map.
Governed by design
Role-based access, full audit trails, examination-ready.
What You Can Expect
- Earlier visibility into active fraud campaigns across the network
- Faster recognition of cross-institution patterns – in hours, not weeks
- Reduced repeat exposure to scams and emerging fraud types
- More consistent incident handling and communications
- Stronger learning loops and faster control updates
- Better leadership visibility into trends and organizational readiness to respond.
- Prevent unnecessary financial loss by reacting sooner to emerging threats
- Stay compliant with built-in governance
- Report fraud without exposure, your institution's identity is never visible to other members.
Ready to stop fighting fraud alone?
Join the NetworkHow fast fraud moves vs. How fast intelligence travels
Without Fraud Watch
- Monday:
Credit union in Oregon detects elder fraud - Wednesday::
Email warning sent to state association - Friday:
Association forwards to members - Monday (next week):
Your fraud team reads it - Tuesday (next week):
Similar fraud hits your institution
With Fraud Watch
- Monday 9 AM:
Credit union submits detailed report - Monday 3 PM:
AI detects pattern (3 similar reports, 6 hours) - Monday 3:15 PM:
Your alerts notify fraud team - Tuesday:
When fraudsters reach your region, you're ready
What makes Fraud Watch different
| Informal Sharing | Industry Bulletins | Fraud Watch | |
|---|---|---|---|
| Speed to alert | Days/Weeks | Days/Weeks | Hours |
| Structured incident data | No | Sometimes | Always |
| AI pattern detection | No | No | Hourly |
| Searchable incident DB | No | Limited | Full archive |
| 7-day regional trends | No | Yes | Yes |
| Governed access | No | No | Yes |
| What gets shared | Unknown | Varies | Fraud incidents only, never client data |
| Reporting institution anonymous | No | Yes | Always |
| Built for operations | No | No | Yes |
Fraud Watch fills the gap between your internal fraud detection and
the industry alerts that
arrive too late. Network intelligence grows as more institutions
participate.
Orchestration + AI, inside governance
Fraud Watch is built on Aurachain – an enterprise-grade process orchestration platform trusted by financial institutions for regulated, complex applications.
Proven in Financial Services
Banks and insurance companies already use Aurachain to orchestrate critical processes such as risk management, compliance workflows, and cross-functional coordination.
Aurachain is built to orchestrate people, systems, and AI inside governed processes, and Fraud Watch represents its latest extension into fraud intelligence.
Built for regulated collaboration
- Governed participation – Clear rules, permissions, and access controls
- Anonymous reporting by design – Institutions see threats, never who flagged them
- Auditability by design – Every action logged, traceable, examination-ready
- Role-based access – Admin, analyst, and viewer permissions
- Designed for operations– Coordination workflows, not just reporting
- Scales with the network – Pilot → Regional → National
FAQs
Is this actually being used, or is it just a concept?
Fraud Watch is launching Q2 2026 with Best Innovation Group and pilot credit unions across North America. The platform is built and operational, we’re now onboarding founding institutions.
Our credit union is small. Is this only for larger institutions?
No. Fraud Watch is specifically designed for community banks and credit unions that need early visibility into fraud patterns but don’t have the resources to build national intelligence networks alone. Smaller institutions benefit the most from network intelligence.
How do we control what gets shared and who sees it?
Everything is governed by design. You control what you submit, who has access, and what alerts you receive. Role-based permissions ensure only authorized users see sensitive data. Every action is logged and traceable for examination purposes.
What information actually gets shared in a fraud report?
Institution names and client data never leaves your institution. What gets in the network is fraud intelligence, patterns, methods, and evidence. Never names, account numbers, or personal identifiers.
Will other institutions know we reported an incident?
No. Reports are anonymous within the network. Members receive the fraud intelligence, never the identity of the reporting institution.
We already get fraud alerts from our core provider and industry groups. Why do we need this?
Fraud Watch doesn’t replace your fraud detection tools, it adds the cross-institution intelligence layer they can’t provide. Your core provider sees only your data. Industry bulletins arrive days or weeks late. Fraud Watch detects patterns across institutions in hours and delivers alerts tailored to your risk profile.
How does AI work without adding regulatory risk?
AI operates inside governed workflows with full traceability. It runs hourly scheduled pattern analysis, detecting surges, clusters, and coordinated campaigns then generates alerts. Your fraud team makes all decisions. There’s no black box, no autonomous actions, and every analysis is auditable.
How long does it take to get up and running?
As fast as you are. Setup includes configuring user roles, alert criteria, and initial training. You can start submitting reports and receiving alerts immediately once access is granted.
What happens if we want to leave the network?
You maintain full control. You can stop participating at any time. Your submitted reports remain in the network (to preserve intelligence for other institutions), but you lose access to network data and alerts when you leave.
Tired of fighting fraud alone?
Fraud Watch is designed to start small, prove value fast, and scale to a national network without losing governance.
Join the Network