Predictive Fraud Intelligence System

The Predictive Fraud Intelligence System (PFIS) is an AI-powered fraud prevention platform commissioned by the Financial Intelligence Centre. It is designed to monitor and evaluate financial transactions in real time across banking, mobile money, and digital payment infrastructure.

Unlike conventional fraud systems that respond reactively after fraudulent activity has occurred, PFIS employs a proactive, predictive approach. By continuously learning the behavioural patterns of each user, PFIS can identify subtle deviations that may signal manipulation or unauthorised access — often before the customer even realises they are being targeted.

Details of transaction flow and hurdles etc.

PFIS operates within the following legislative and regulatory instruments:

• Anti-Money Laundering Act, 2020 (Act 1044)
• Payment Systems and Services Act, 2019 (Act 987)
• Electronic Transactions Act, 2008 (Act 772)
• Data Protection Act, 2012 (Act 843)