Issuer processing Fintech Enfuce unveils the Fortitude Pledge, a compliance and security standard, that aims to “eliminate 100% of financial crime risks across all Enfuce-processed card transactions.”
Because aiming to stop “100% of human trafficking, money laundering, and terrorist financing is not optional—it’s essential.”
Anything less than full commitment means “accepting the unacceptable and that’s a compromise the industry cannot afford.”
With the launch of the Fortitude Pledge Enfuce is setting a precedent—one that places “human dignity and integrity first.”
Enfuce is committing to:
- Screening 100% of transactions;
- lagging 100% of high-risk transactions;
- Blocking 100% of prohibited transactions;
- Reporting 100% of suspicious transactions;
- Training 100% of employees in anti-money laundering (AML)/counter-terrorism funding (CTF) best practices
Enfuce is calling on FIs, businesses and industry professionals to move beyond “checkbox compliance and join the Fortitude Pledge to take a clear stand against financial crime.”
Because this isn’t just about policy, it’s about “protecting people and tackling the root causes of financial crime by rethinking how payments systems can be used—and misused.”
The announcement comes at a time when fraudsters are “becoming faster, sharper, and harder to stop, with devastating consequences for communities.”
Powered by AI and advanced technology, they’re “automating scams and exploiting weaknesses across the digital payment landscape at an alarming pace.”
As the world leans deeper into card-based transactions, financial crime is no longer just easier to commit—it’s “more sophisticated, more scalable, and more dangerous than ever before.”
Card identity theft losses have increased “by 200% since 2021 and human trafficking alone has become a nearly £400 billion industry.”
While the payment industry and FIs are positioned to tackle financial crime, current regulations “don’t go far enough to fully eliminate the risk of illicit financial flows – and consumers are starting to take notice.”
New research conducted by CensusWide on behalf of Enfuce shows “that 63% of UK consumers believe that banks should go ‘above and beyond’ compliance laws and regulation to ensure that money is not used to fund illegal activities.”
While expectations are rising, “understanding remains low.”
Over half of UK adults are unaware that money “from card transactions, not just cash, can be used to support criminal networks.”
Alarmingly, 70% of young people (25-34) still “hold this misconception, despite being the most digital savvy generation.”
With the launch of the FortitudePledge, Enfuce commits to eliminating 100% of financial crime risks “through all its card transactions, setting a new bold benchmark for the industry.”
In alignment with UN Sustainable Development Goal 16 (SDG 16), the pledge goes beyond compliance and “raises awareness on the impact of human trafficking, money laundering, and terrorist financing.”
The Fortitude Pledge reinforces Enfuce’s position as a firm focused on fraud prevention and compliance, and “underscores its mission to advance ESG in the payment space.”
Monika Liikamaa, co-CEO and co-founder at Enfuce said:
“Let’s be clear: financial crime won’t stop unless we take action. We need to recognise that each of us plays a role in the problem, and that every euro we spend—and how we spend it— can make a huge difference. That’s why we’re proud to be the first financial institution to focus on the UN’s SDG 16 with the launch of the Fortitude Pledge. We are not only leading by example, we are challenging the global financial sector to build a financial system that protects, empowers, and creates a safer world for all.“
Denise Johansson, co-CEO and co-founder at Enfuce added:
“The only way to stop fraud and financial crime is through 100% commitment—anything less is not only ineffective, it means becoming part of the problem and allowing serious crimes to continue. That’s why we’re raising the bar higher than ever with the Fortitude Pledge. As global financial leaders, we have both the power and the responsibility to protect our communities – not just today but for generations to come- and we sincerely hope others will join us in our mission to create real change.”