August 15, 2022

Aite-Novarica Group Announces Winners of the 2022 Fraud & AML Impact Awards

Aite-Novarica Group recognizes innovative fraud and AML solution providers leveraging best-in-class technology at an awards presentation during this year’s Financial Crime Forum.

Boston, August 15, 2022 – Aite-Novarica Group is pleased to announce the winners of the 2022 Fraud & AML Impact Awards. The awards, which will be presented during Aite-Novarica Group’s Fifth Annual Financial Crime Forum taking place September 18 and 19, 2022, recognize and celebrate the industry’s leading and impactful fraud and anti-money laundering (AML) innovations.

In its second year, the Fraud & AML Impact Awards program identifies the organizations and vendors whose new and disruptive financial crime solutions and capabilities more effectively and efficiently counter escalating financial crime threats. Award recipients and their innovations are bringing the financial services industry one step closer to triumphing over fraud, money laundering, and other illicit activity.

The 2022 winners for Fraud Innovation are: 

Best Authentication Innovation Pindrop

Best Orchestration Innovation Citi

Best Digital Identity Verification Innovation Bottomline

Best Transaction Fraud Monitoring and Decisioning Innovation Feedzai and Lloyds Banking Group


The 2022 winners for AML Innovation are:

Best AML Transaction Monitoring InnovationNapier

Best Know Your Customer/Business InnovationEncompass Corporation

Best Financial Crime Investigation and Reporting InnovationQuantifind

Best Sanctions/Watchlist Screening InnovationLexisNexis® Risk Solutions


The award winners and finalists were selected based on the following criteria, which were considered when scoring each entry:

Level of innovation

Competitive advantage 

Market need 

Financial crime risk mitigation

Impact on customer experience and operational efficiency

Integration and scalability

Future roadmap


“Organized crime continues to attack financial services firms and consumers, always finding new and clever ways to circumvent their defenses. Legacy approaches are less effective at keeping pace with, and adapting to, the escalating threat landscape,” says Chuck Subrt, Fraud & AML Practice Director at Aite-Novarica Group. “Fraud and AML executives recognize the imperative for more innovative tools that can drive meaningful intelligence, smarter decision-making, and better outcomes,” he explains.

The winners were selected by a global panel of both internal and independent experts on fraud and AML. The identification of any Aite-Novarica Group award winner or finalist is not an endorsement by Aite-Novarica Group of any vendor, product, or service.

To request additional information about Aite-Novarica Group’s Fraud & AML Impact Awards, please contact us at

About Financial Crime Forum:

Chaos and uncertainty spell opportunity for criminals, and organized crime rings continue to exploit the vulnerabilities exposed by the pandemic. As the global ecosystem gradually moves toward a new normal, financial services firms must rapidly adjust to emerging fraud and financial crime attack vectors. The Fifth Annual Aite-Novarica Group Financial Crime Forum features executives from leading financial services firms alongside a panel of experts from Aite-Novarica Group, as they present their latest research and insights on fraud mitigation, authentication, and AML trends and techniques. Learn more about the Financial Crime Forum here.

About Aite-Novarica Group:
Aite-Novarica Group is an advisory firm providing mission-critical insights on technology, regulations, strategy, and operations to hundreds of banks, insurers, payments providers, and investment firms—as well as the technology and service providers that support them. Comprising former senior technology, strategy, and operations executives as well as experienced researchers and consultants, our experts provide actionable advice to our client base, leveraging deep insights developed via our extensive network of clients and other industry contacts. Visit us on the web and connect with us on Twitter and LinkedIn.

Kaitlyn Labbe
Aite-Novarica Group

About Bottomline Technologies

Bottomline makes business payments simple, smart and secure for businesses and financial institutions, of all sizes, all over the world. More than 10,000 corporate customers, 1,400 commercial and business banks, including 15 of the top 25 global banks, rely on our industry-recognized payment and software platforms to accelerate digital transformation in a complex world of business payments and financial management. Bottomline solutions touch customers and payments in 92 countries across six continents. Our teams serve the world from primary locations in the United States, the United Kingdom, Switzerland, Israel, India, Australia and Singapore. Bottomline is a portfolio company of Thoma Bravo, a highly respected software-centric private equity firm with $122 billion in assets under management. For more information visit

Contact for media

Heather Pavliga
Global Head, Brand & Communications
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