Alterya

Alterya is a company that has developed a platform to combat online scams, particularly targeting financial institutions, fintech companies, and crypto service providers. The core of their service is an AI-powered engine that proactively detects and flags fraudulent activities such as investment scams, and phishing campaigns. By analyzing vast amounts of data from various online sources, including social media and websites, Alterya can identify and link scams, providing their clients with actionable intelligence to protect their users and platforms from fraudulent activities.

The company's business model is centered around providing a subscription-based service to financial entities. These clients integrate Alterya's technology to monitor and receive alerts about potential scams that could affect their customers. This allows them to take preemptive action, such as blocking malicious websites or warning their users. The company was acquired by Chainalysis, a blockchain analysis company, to enhance their capabilities in detecting and preventing crypto-related fraud. This acquisition highlights the growing importance of AI-driven solutions in the fight against financial crime in both traditional and decentralized finance markets.

Keywords: AI-powered security, fraud detection, financial crime, crypto security, scam prevention, phishing detection, online safety, risk management, cybersecurity, threat intelligence