These due diligence reports, which are now available to Experian clients, deliver contextual intelligence on ethical, reputational, operational and financial risks, the companies said in a Wednesday (Dec. 3) press release.
The reports benefit from a combination of Experian’s compliance and technology expertise and CleverChain’s AI-powered capabilities and global network connections, according to the release.
With the intelligence provided by these reports, businesses will be better able to uncover high-risk activities, hidden connections and suspicious patterns; strengthen risk controls; improve efficiency; and enhance the customer experience, per the release.
“By leveraging automation, businesses can accelerate complex compliance workflows from days to minutes, strengthen risk controls and deliver greater customer value,” Paul Weathersby, chief product officer, identity and fraud at Experian UK&I, said in the release. “The result is a streamlined experience that enables organizations to operate confidently in an increasingly interconnected world.”
CleverChain CEO and co-founder Daniele Azzaro said in the release that the combination of the companies’ capabilities delivers “a game-changing solution that strengthens financial institutions’ ability to detect and prevent financial crime while simplifying compliance around the world. Together, we turn complex data into actionable insights, enabling faster, smarter and more effective risk management.”
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PYMNTS reported in October that compliance is one of the areas in which finance leaders are deploying AI because the business case is immediate and measurable.
The PYMNTS Intelligence report “From Experiment to Imperative: US Product Leaders Bet on Gen AI” found that 92% of product leaders expect AI to improve fraud and risk management, 85% forecast better regulatory compliance and 83% anticipate stronger data security.
In the case of regulatory compliance, the share of enterprises expecting positive impacts from generative AI in the next three years leaped from about 47% in March 2024 to 85% in June 2025, according to the report.
“Gen AI is now framed less as a risk vector and more as an engine for improving efficiency, control and visibility in business operations,” the report said.
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