Payout’s Embedded Finance Market with built-in FraudNet security service

The Payout Embedded Finance Market (EFM) is an innovative fintech solution that helps SMEs cut financial management costs by up to 50% while unlocking new revenue opportunities. By automating transactions, strengthening security, and ensuring EU compliance, it enhances financial stability and simplifies access to global markets.

The Payout Embedded Finance Market platform (further as “EFM”) project embodies excellence in fintech innovation, aiming to reduce SME operational costs by 50% connected to money handling and unlock new investment opportunities, potentially adding €4,000 annually per SME in returns. Addressing cyber threats, as highlighted by the World Economic Forum with cybercrime costs projected to reach €9.765 trillion worldwide by 2025, EFM automates transactions, saving €6.8 million annually across 1700 businesses. By ensuring compliance with EU regulations and enhancing cash flow management, EFM positions itself to save businesses from significant fines and improve financial stability. The platform’s capability to facilitate international market access could save SMEs €40 million (further as “mio”) annually in transaction fees directly in Payout target market. Overall, EFM’s integration of financial services is projected to generate over €100 million in annual benefits for the SME sector, demonstrating project excellence and setting a new standard for digital financial solutions. This integration signifies the peak of the digital solution’s impact, emphasizing its critical role in reshaping how businesses handle finances and encouraging a more cohesive and efficient economic framework. Consequently, direct interactions with banks will become as invisible as the wires during a phone call—still present but unseen by users.

For more information, please visit https://youtu.be/pmAkP24Yx64.

Partners:

Viera_Rozinajova

“By deploying advanced AI methods, we are improving our ability to detect increasingly sophisticated transaction fraud, pushing the boundaries of detection.”

Viera Rozinajová

Lead of “Green and Secure Environment” team, KInIT

Project team

Matej Kloska
Research Engineer
Philipp Miotti
Research Engineer
Martin Olejník
Research Engineer
Patrik Goldschmidt
Researcher
Martin Tamajka
Technology Lead
Kamil Burda
Researcher
Viera Rozinajová
Lead and Researcher

Funded by the EU NextGenerationEU through the Recovery and Resilience Plan for Slovakia.