The ai Corporation

What The ai Corporation does

The ai Corporation is a UK-based enterprise software provider, founded in 1998 and headquartered in Woking, Surrey, that builds integrated payment issuing and fraud detection platforms for the retail fuel, fleet, and mobility industries. Its core products are aiEazyFuel®, a cloud-based fleet and fuel card issuing platform supporting closed-loop, open-loop (EMVCo with Visa and Mastercard), and hybrid payment configurations, and aiRiskNet®, a real-time AI-powered fraud detection engine. Around these two anchors sits a modular suite: aiAutoPilot ML® for automated machine-learning fraud rule optimisation, aiSmartScore® for neural-network behavioural risk scoring, aiSmartAlerts™ for customer communications, aiSmartIntelligence® as a BI layer, and aiFraud Managed Service™, a 24/7 outsourced fraud operations offering.

The technology stack runs on a Microsoft Azure-hosted PCI-DSS-compliant cloud (with on-premise option) and leverages the company's data assets — over 25 billion transactions monitored annually across 300 million+ payment cards and 27 years of accumulated fleet/mobility payment data — to train its ML models. The ai Corporation holds FCA e-money licensing, full PCI-DSS and GDPR compliance, and certification under Visa's Ready for Fleet program, alongside strategic partnerships with Visa, Mastercard, the University of Southampton (ML research), and channel partners such as Nayax OTI PetroSmart, Ignixxion, and UTA.

The company sells primarily via direct enterprise sales to fuel retailers, fleet card issuers, banks, fintechs, and mobility businesses globally, on a quote-based annual SaaS or licensed-software subscription model. Named customers include Shell (10+ year partnership), Circle K (European deployment), ORLEN, Vantage, FNB, OTI, Diners Club, AFS, MYOB, Banque Misr, Bendigo Bank, and NBO, with a stated footprint of 100+ banks served and 3 million+ multi-channel retailers protected. The ai Corporation operates offices in the UK and Ireland, with sales reach into the US, South Africa, Australia, and multiple European countries.

Name

The ai Corporation

Legal name

The ai Corporation Limited

Website

https://aicorporation.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

51–100 employees

Short description

The ai Corporation is a UK-based enterprise software provider of integrated fleet and fuel card payment issuing (aiEazyFuel) and AI-powered fraud detection (aiRiskNet), serving fuel retailers, banks, fintechs, and mobility businesses globally since 1998.

Ownership category

akta.pro rank

Product category

Fleet Mobility Payments and Fraud Management

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Credit Card Issuing (522210)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Audit, Explainability & Accountability Tooling (traceability, reporting) (HDAAAKAL)

akta.pro secondary industry

Enterprise AI Governance, Risk & Compliance Platforms (Model Risk, Audit, Policies) (HDAEANAE)

Keywords

• Fleet payment processing
• Fraud detection platform
• Payment issuing software
• Machine learning scoring
• Fuel card management

Headquarters

HQ city

Guildford

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales, Others

Revenue model

1. Fleet Payment Platform Services: The ai Corporation generates revenue through SaaS-based payment issuing and fraud detection platform subscriptions. Their aiEazyFuel platform is offered as a licensed software or Software as a Service (SaaS) solution. The aiRiskNet fraud platform is available as licensed software or SaaS. Additional revenue streams include managed fraud services, machine learning optimization tools, and professional services for implementation and fraud health checks.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

The ai Corporation sells a cloud-based fleet and mobility payment issuing platform (aiEazyFuel®) integrated with a real-time AI-powered fraud detection engine (aiRiskNet®). The platform supports EMVCo Open Loop payments with Visa and Mastercard acceptance and is sold as SaaS or licensed software to fuel retailers, fleet card issuers, banks, fintechs and mobility businesses globally. Adjacent offerings include machine learning fraud scoring (aiSmartScore®), automated rule generation (aiAutoPilot ML®), customer communications (aiSmartAlerts™), business intelligence (aiSmartIntelligence®), and a 24x7 managed fraud service (aiFraud Managed Service™).

Product overview

The ai Corporation offers a comprehensive fleet and mobility payment platform with integrated fraud prevention. The core offering consists of aiEazyFuel® (fleet payment issuing platform) and aiRiskNet® (fraud detection engine), which are deeply integrated to deliver end-to-end payment processing with embedded fraud management. The platform supports both closed-loop and open-loop (EMVCo with Visa and Mastercard) fleet programs. Additional modules include aiAutoPilot ML® (automated rule generation), aiSmartScore® (machine learning fraud scoring), aiSmartAlerts™ (customer communications), and aiSmartIntelligence® (business intelligence). The aiFraud Managed Service™ provides outsourced fraud management with expert analyst support. Deployment options include cloud-based SaaS (hosted on Microsoft Azure) or on-premise installation.

Differentiator

Problem solved

Functional benefit

Brands

• aiEazyFuel®: Cloud-based fleet and fuel card issuing platform that simplifies payments and fraud management for energy companies, fuel card issuers, fintechs and mobility businesses.
• aiRiskNet®
• aiSmartScore®
• aiAutoPilot ML®
• aiSmartAlerts™
• aiSmartIntelligence®
• aiFraud Managed Service™

Products and services

• aiEazyFuel® Cloud-based fleet and fuel card payment issuing platform that simplifies payments and fraud management for energy companies, fuel card issuers, fintechs and mobility businesses. Supports closed-loop, open-loop and hybrid configurations with digital mobility applications.
• aiRiskNet® Real-time fraud detection engine providing AI-powered protection for issuers, acquirers and payment processors, with customisable rules, immediate card/BIN/country blocking, and machine learning for pattern detection.
• aiRiskNet® Acquirer Advanced portfolio monitoring and fraud detection solution designed for acquirers, processors and merchants, providing real-time analysis across multiple payment types and channels and portfolio-level visibility.
• aiRiskNet® Issuer AI-powered fraud protection platform for financial institutions and card issuers, detecting fraudulent activity across physical, virtual, contactless and mobile app payment channels and integrated with aiEazyFuel for real-time transaction monitoring.
• aiAutoPilot ML® Automated machine learning fraud strategy optimisation tool that automates the entire fraud management process including model building, testing, and implementation while continually reviewing fraud strategy performance.
• aiSmartScore® Advanced fraud detection solution providing real-time, automated fraud risk scoring using machine learning and neural network-based behaviour profiling to help businesses approve, review, or decline transactions.
• aiSmartAlerts™ Customer communications platform enabling businesses to create, manage and replicate great customer experiences through interactive alerts via SMS, email or voice with capabilities such as triggering downstream actions like 'stop shipping' or merchant contact.
• aiSmartIntelligence® Modern, API-first applied intelligence platform that removes siloed point-solutions and unifies operations and business intelligence using machine learning to monitor data and behaviours for fast decision-making and fraud strategy adjustment.
• aiFraud Managed Service™ 24x7x365 end-to-end fraud management service with a dedicated team of data scientists and fraud analysts managing fraud strategy, alert investigation, behavioural profiling, machine learning monitoring, and business intelligence reporting.
• Fraud Health Check Service Consultative service where the company's expert fraud specialists review a client's fraud strategy and operations to identify bottlenecks and recommend improvements to fraud systems and teams.

Quantifiable outcome

• Processes £15 billion annually through aiEazyFuel platform
• +3 more outcomes

Named customers12 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability4 records

Feature7 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• VisacoreTechnology or Integration · 19 November 2025The AI Corporation and aiEazyFuel joined the Visa Ready for Fleet program to enable fuel and mobility payments. This partnership enables aiEazyFuel to support Visa Fleet 2.0 and provides global acceptance through Visa's payment network.
• A Jolly ConsultingminorImplementation/ SI/ Consulting Partner · 25 October 2021Partnership with A Jolly Consulting to ensure ai's products and services continue to meet customer and regulatory requirements. A Jolly Consulting provides professional risk consulting, advisory and compliance assurance services. ai is working towards PCI-PIN Security requirements and ISO27001 accreditation.
• Institute of Corporate Resilience (IoCR)minorStrategic or Co-development Partner · 25 October 2021ai formally joined the Institute of Corporate Resilience (IoCR) and will work collaboratively with other organisations to develop and support organisational resilience through education, thought leadership and innovative solutions.
• UTAminorStrategic or Co-development Partner · 2 September 2021UTA and The ai Corporation partner to tackle fuel card fraud, combining UTA's fuel card offerings with ai's fraud detection technology.
• University of SouthamptoncoreStrategic or Co-development Partner · 2 July 2021The ai Corporation extended its partnership with the University of Southampton to optimise the process of tackling fraud with machine learning. This academic partnership supports research and development of advanced fraud detection technologies.
• MastercardcoreTechnology or IntegrationThrough partnerships with Mastercard and Visa, The ai Corporation ensures global card acceptance whilst handling all regulatory and compliance requirements. aiEazyFuel supports Mastercard Corporate Fleet Card.
• Microsoft AzurecoreTechnology or IntegrationThe ai Corporation uses Microsoft Azure Cloud for hosting its PCI-DSS secure cloud environment for aiRiskNet and other SaaS solutions.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• FICO: FICO is a leading analytics and fraud detection provider, with FICO Falcon being the dominant card fraud scoring platform. It directly competes with aiRiskNet for fraud management budgets at banks and issuers, offering similar ML-based real-time scoring capabilities.
• Featurespace: UK-based AI fraud detection platform serving card issuers, acquirers, and payment processors with adaptive behavioral analytics. Directly comparable to aiRiskNet in both technology (real-time ML fraud scoring) and target market (financial institutions), with a similar UK heritage.
• Feedzai: AI-native fraud and financial crime detection platform serving banks, card issuers, and acquirers globally. Comparable to aiRiskNet in real-time ML-based transaction monitoring and risk scoring, though Feedzai targets broader financial crime rather than fuel-vertical specialization.
• Sift: Digital trust and fraud detection platform serving issuers, marketplaces, and merchants. Comparable ML-based real-time risk scoring model, though Sift focuses more on digital/online fraud while aiRiskNet spans physical, virtual, and mobile payment channels.
• Kount (Equifax): Equifax-owned fraud detection and digital identity platform serving issuers, acquirers, and merchants. Comparable ML-based real-time transaction risk scoring to aiRiskNet, with similar target customer base in card-issuing financial institutions.
• Comdata (Corpay): Major US fleet card issuer and payment processor with integrated fraud controls. Comparable to aiEazyFuel as a fleet payment platform and aiRiskNet for fraud management, though Comdata operates its own proprietary closed-loop program rather than as a software vendor.

Broad incumbents

• Marqeta: Modern card issuing and payment processing platform. Comparable to aiEazyFuel in providing API-first card issuance infrastructure, though Marqeta operates as a broad horizontal issuer platform without fuel-vertical specialization or integrated fraud detection.
• Galileo Financial Technologies: Payment processing platform (SoFi subsidiary) providing card issuing, transaction processing, and fraud services to banks and fintechs. Broadly comparable to aiEazyFuel in payment processing infrastructure and aiRiskNet in fraud services, but operates as a horizontal incumbent across many verticals.
• NICE Actimize: Enterprise financial crime, AML, and fraud detection platform serving large banks and financial institutions. Comparable fraud management capabilities to aiRiskNet but as part of a much broader financial-crime platform targeting Tier 1 banks.
• WEX (Wright Express): Large US-based fleet payment solutions provider offering fleet cards, payment processing, and fuel fraud management. Comparable customer base (fuel retailers, fleet operators) and adjacent capability overlap with aiEazyFuel, though WEX operates its own proprietary program at much larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/ai_worldwide
• LinkedInlinkedin.com/company/the-ai-corporation

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The ai Corporation