European Commission logo
français français
CORDIS - Résultats de la recherche de l’UE
CORDIS

Combatting Banking Fraud with SiS-id: A unique solution for preventing corporate payments fraud using AI and blockchain

Description du projet

Une nouvelle plateforme de lutte contre la fraude aux virements bancaires

Des centaines de millions d’euros sont perdus chaque année du fait de la fraude aux virements bancaires. Et ce phénomène ne cesse de croitre. Des études montrent que plus de la moitié des fraudes commises sont le fait de fournisseurs. Le projet COBAFRA, financé par l’UE, contribuera à la commercialisation d’une plateforme collaborative conçue et créée par des directeurs financiers et des trésoriers: My Sis ID. Hautement sécurisée, cette plateforme ne dispose d’aucun système de paiement et son interface traite uniquement la partie du processus de paiement relative à l’identité. Elle s’adapte aux systèmes existants des clients et des fournisseurs et, en intégrant l’intelligence artificielle et la chaîne de bloc dans sa solution, elle profite à la fois à ces deux parties: les clients peuvent inviter leurs fournisseurs sur la plateforme et les fournisseurs peuvent inviter leurs clients. Il n’existe actuellement aucune solution similaire.

Objectif

Corporate banking fraud is on the rise. 70% of companies in France alone reported fraud or attempted fraud last year. At the international level, 30 % of companies lost between 85 thousand and 4,2 million EUR. Fraud is without borders and growing in sophistication. Preventing fraud is now the No. 1 priority for Financial Directors. Over half of fraud committed is supplier fraud. How can companies be assured they are paying the genuine supplier and not a fraudster who had usurped its identity?

My SiS-id, a highly secure, innovative platform helps guarantee that payments go to the right company and keeps the banking identity of companies safe online. My SiS-id is different because:
- It is not a payment system but an interface that addresses the identity part of the payment process. It integrates with customer and supplier existing systems
- SiS-id has integrated AI and blockchain into its solution to reinvent and enhance the traditional data-pooling and enrolment models
- My SiS-id benefits both customers and suppliers. Information has to be acquired and authenticated one time only to be made available to all
- It is a viral business model: customers invite their suppliers onto the platform, suppliers in turn invite their suppliers and also their customers
- The solution was co-developed with 13 pioneer customers (CFOs and Treasurers) to ensure it solves the business need, not technology for technology sake
- My SiS-id is blue ocean strategy. No other such solution currently exists. The other solutions on the market only tackle parts of the problem.

The platform was developed in just 23 months and launched commercially in November 2017.
The platform is currently being deployed in 2 clients in France, and 7 further companies are at contract stage.
Our 13 pioneer accounts have shared their intention to deploy the solution at a cross-border level. Fraud has no borders and we believe the market potential in Europe and beyond is potentially considerable.

Appel à propositions

H2020-EIC-SMEInst-2018-2020

Voir d’autres projets de cet appel

Sous appel

H2020-SMEInst-2018-2020-1

Régime de financement

SME-1 - SME instrument phase 1

Coordinateur

SIS
Contribution nette de l'UE
€ 50 000,00
Adresse
LE BRITANNIA ALLEE C 20 BOULEVARD EUGENE DERUELLE
69003 LYON
France

Voir sur la carte

PME

L’entreprise s’est définie comme une PME (petite et moyenne entreprise) au moment de la signature de la convention de subvention.

Oui
Région
Auvergne-Rhône-Alpes Rhône-Alpes Rhône
Type d’activité
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Liens
Coût total
€ 71 429,00