Finovox Launches ROI Tracker as AI-Assisted Document Fraud Tops €100,000 a Month
Finovox Launches ROI Tracker as AI-Assisted Document Fraud Tops €100,000 a Month #
French document fraud specialist Finovox has released a return-on-investment feature for its platform, as the company reports that the volume of AI-assisted document fraud it is detecting for clients now exceeds €100,000 per month, an annualised rate of more than €1.2 million.
The new ROI capability links individual fraud decisions to their financial impact, allowing teams to track avoided losses and operational savings over time inside Finovox’s existing reporting environment. The company says it was designed to replace the spreadsheet-based calculations many customers had been using and to give fraud-prevention teams a clearer way to report their value internally.
According to the company, investigating a suspicious document manually typically takes around an hour. With Finovox’s AI-powered investigation tool, that falls to roughly three minutes. The company says the time reduction also lowers indirect costs that do not typically appear as a single figure, such as slower onboarding, review backlogs, and analyst time.
Research conducted by Finovox alongside the polling institute Selvitys found that fraudulent documents represent approximately 3 percent of document flows in banking and 5 percent in insurance, sectors that form the core of the company’s client base. AI-generated fakes, including altered payslips, bank statements, and invoices, have driven both higher volumes and more difficult detection.
Founded in France in 2019, Finovox now works with more than 70 companies across 15 countries. The firm says it tripled its revenue in 2025 and helped customers prevent more than €100 million in potential fraud losses over the year. It entered the UK market in May 2026 and completed an €8.2 million Series A round in June 2026, led by Swiss fintech investor TX Ventures.
Co-founder and CEO Marc de Beaucorps said the ROI tool is intended to give fraud and risk teams a clearer way to demonstrate the financial contribution of their work to wider business stakeholders, beyond simply flagging cases.
The company says generative AI has lowered the barrier to producing convincing forged documents and argues that detection systems now need to run at machine speed and be tied to measurable outcomes to demonstrate their value to enterprise customers.
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