90-95%
of alerts from static rule-based systems are false positives
Detection works. The bottleneck is triaging hundreds of alerts without blocking legitimate customers.
Spanish banking faces over EUR 700 million in annual fraud. Rule-based systems already flag suspicious activity, yet they generate 90 to 95 per cent false positives. Each false positive blocks a legitimate customer, occupies an analyst for 15 minutes, and erodes trust. The EU Instant Payments Regulation requires fraud screening in under 10 seconds since October 2025. Batch processes no longer comply.
ECB, EBA Fraud Report 2024, EU Instant Payments Regulation