Financial Services
Scoring, fraud detection and automation of financial operations.
In financial services, AI is used for scoring, fraud detection and operations automation — decisions with a direct impact on customers. Alethexis helps you document each system, maintain appropriate oversight and keep a traceable record, with financial-sector examples.
Where the Regulation places you
“AI systems intended to be used to evaluate the creditworthiness of natural persons or establish their credit score” are high-risk under Annex III, point 5(b), and point 5(c) adds those intended for “risk assessment and pricing in relation to natural persons in the case of life and health insurance”.
Point 5(b) itself excludes “AI systems used for the purpose of detecting financial fraud”: credit scoring is in; fraud detection is expressly outside that point. And both points speak of natural persons: scoring of companies is not in them.
Obligation applicable from 2 December 2027 (Article 26, for high-risk systems under Annex III; Article 113, third paragraph, point (c), as worded by Regulation (EU) 2026/1744) — preparation recommended. And here the Article 27 impact assessment (FRIA) does reach the private entity: its paragraph 1 requires it of deployers of the systems in Annex III, point 5(b) and (c).
What to do today: inventory the scoring and pricing systems, keep the fraud-detection ones documented separately and document the human oversight — the starting point of the FRIA that M3 prepares.
Typical AI systems in the sector
Scoring
Automated assessment in financial transactions.
Fraud detection
Identifying suspicious transactions in real time.
Operations automation
Assisted back-office processing.
Illustrative examples. Alethexis classifies each system inside the platform, case by case, according to how you use it.
What worries you
- Automated decisions with an impact on customers.
- A demanding, supervised regulatory environment.
- The need for traceability and ongoing audit readiness.
How Alethexis supports you
- Inventory with financial-sector examples.
- Documentation of controls and human oversight.
- Auditable evidence ready for inspection.
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