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Fighting AI-boosted scams has tripled this fintech’s revenue

Eftsure is in the business of “fighting bad guys”, its chief executive Jon Soldan says. It’s made $36 million from helping companies block fraudsters.

Eftsure’s global chief executive Jon Soldan: “Our biggest challenge for growth, honestly, is just market awareness that a solution for this fraud problem exists.” 

As artificial intelligence accelerates global sharemarket gains and promises to fix the economy’s productivity crisis, a criminal underbelly is mastering the same technology to weaponise sophisticated business payment fraud.

The fast-growing anti-fraud fintech Eftsure is in the business of “fighting bad guys”, according to its American chief executive Jon Soldan.

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Luke Kinsella
ReporterLuke Kinsella is a journalist based in The Australian Financial Review’s Sydney office. He was previously a policy analyst at Treasury. Email Luke at luke.kinsella@nine.com.au

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