5 reasons real-time collaboration is changing fraud prevention

This article is written for financial crime teams at banks, fintechs, and PSPs who want to understand the benefits of real-time collaboration in preventing fraud.

Key takeaways

• Real-time collaboration enables institutions to freeze and recover stolen funds before they leave the financial system.

• Intelligence sharing provides actionable context, not just raw data, so financial crime teams know what to do next.

• Salv Bridge enables secure, compliant intelligence sharing between institutions.

• Real-time collaboration with Salv Bridge delivers a 90% true positive rate and improves fund recovery.

Financial crime evolves faster than most financial institutions can respond.

Payments happen in seconds, but the intelligence that can stop stolen funds often moves far too slowly. Sometimes, it’s not shared at all.

In a recent webinar, we showed how real-time collaboration and intelligence sharing is shifting financial crime prevention from isolated efforts to a collective defence. Here are five major reasons why.

It all starts with a CEO impersonation scam

The webinar opened with a fictional scenario based on a real-life fraud case. Rebecca Williams, Operations Director at a startup, receives an urgent email from her CEO instructing her to transfer funds to a new partner. It’s a scam. After clicking the link, fraudsters gain access to the company’s bank account. $17,000 is quickly transferred out.

Her bank, Midland, spots two suspicious payments: one to FlexPay, and one to GlobalPay. Both are flagged by transaction monitoring, but the clock is ticking.

1. Why real-time collaboration requires speed and precision

Because both Midland and FlexPay are connected through Salv Bridge, Midland can share intelligence instantly.

FlexPay receives the alert and freezes the account before any further funds are moved.

This is where real-time collaboration makes the difference. Speed is key. But so is sharing the right signals, at the right time, with the right people. That way, the correct action can be taken quickly.

Members of Salv Bridge follow service-level agreements: 24 hours for urgent cases, and three working days for others. Over 90% of alerts shared are confirmed as true positives. Compare that to traditional data sharing, where false positives slow teams down and let fraudsters slip away.

To learn more about Salv Bridge and how banks, fintechs and PSPs are recovering 80% more stolen funds, check out the brochure today.

2. Real-time collaboration brings actionable intelligence, not just more data

What makes Salv Bridge different is what gets shared: intelligence, not raw data.

Financial crime teams don’t need more data. They need context—so investigators know exactly where to focus. That’s how fraud is stopped before money can be laundered.

What exactly is the difference between data and intelligence? Check out the 2-minute video clip below, where Lucy, our VP, Marketing explains. This is the secret sauce that makes Salv Bridge so effective.

3. It’s designed around how teams already work

Collaboration only works if it fits into daily workflows. Salv Bridge is built to integrate easily — whether through our web app or an API for deeper automation.

Routine tasks like RFI generation can be automated and instantly shared, freeing up investigators to focus on complex cases. And because the network operates together, members help hold each other accountable to keep alert quality high. Companies whose alert quality dipped have been helped by other members to improve, helping sustain the network’s high true positive rate.

4. Legal frameworks and regulatory support already exist

A recurring question for financial institutions is how intelligence sharing fits legal and regulatory frameworks. As explained during the session, Salv Bridge was built with GDPR, AML regulations, and data protection laws in mind.

Institutions aren’t exchanging personal customer data. They’re sharing intelligence based on transaction information they already hold.

Internal policies can then be updated to reflect these collaboration models, allowing teams to move fast and stop crime without falling foul of regulations.

5. How real-time collaboration shifts teams from reactive to proactive

As Taavi Tamkivi, Co-founder and CEO at Salv, explained during the webinar: regulators are starting to push the industry further, so there’s no reason financial institutions can’t act today. Intelligence sharing is already legal under existing laws.

Real-time collaboration allows institutions to prevent fraud before it happens. In one case shared during the webinar, a flagged IBAN was added to a watchlist based on shared intelligence. Months later, when a €50,000 transaction was attempted, it was automatically stopped.

The shift to collaborative crime fighting is happening

As fraudsters evolve, the institutions that will succeed are those that collaborate, not only reacting to attacks but preventing them.

Real-time collaboration is turning financial crime prevention from a solitary fight into a shared defence — built on speed, trust, and clear frameworks.

To learn more, watch the full webinar or check out the Salv Bridge product page. Any questions? Ask the team here.