Eastnets

What Eastnets does

Eastnets is a privately held provider of AI-powered compliance and payment solutions for the global financial services sector. Founded in 1989 and headquartered in Dubai, the company serves more than 800 financial institutions across banks, central banks, payment service providers, insurance companies, and corporates, including 15 of the world's top 50 banks and 22 central banks. The company operates an integrated modular platform organized into three hubs: a Financial Crime Hub (SafeWatch AML, SafeWatch KYC, SafeWatch Screening, PaymentGuard, SafeTrade, FinCrime Intelligence Platform, ChainFeed), a Global Payments Hub (PaymentSafe, Messaging Warehouse, Duplication Detection), and a Hosting Hub (Swift Hosting / Service Bureau). The technology stack combines machine learning, explainable AI, natural language processing, and blockchain — ChainFeed is built on Oracle Blockchain for real-time sanctions list distribution — with cloud-native deployment on Microsoft Azure supporting the Americas infrastructure.

Eastnets monetizes primarily through multi-year subscription and licensing agreements for its compliance and payment software, supplemented by managed services (cloud-based SWIFT connectivity / Service Bureau) and professional services for implementation and consulting. Go-to-market is enterprise field sales targeting compliance, risk, and treasury decision-makers, supported by certified SWIFT service bureau status and regional channel partners (Jeel in Saudi Arabia, Simpaisa in Maghreb). The legal entity is incorporated in Luxembourg, with operational hubs in Dubai, Luxembourg, and New York. Eastnets is GDPR and DORA compliant, maintains ISO certifications, and is led by CEO Hazem Mulhim and Deputy CEO Deya Innab. Recent strategic moves — the 2026 launch of the FinCrime Intelligence Platform (FCIP), the 2025 Facephi biometric alliance, the 2023 Microsoft Azure migration, and SWIFT Go readiness — indicate a controlled platform expansion layered on top of the company's existing compliance customer base.

Name

Eastnets

Legal name

Eastnets

Website

https://eastnets.com

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Eastnets is a global provider of AI-powered compliance, sanctions screening, fraud detection, and SWIFT connectivity solutions for financial institutions, serving 800+ banks, central banks, and payment service providers via an integrated modular platform.

Ownership category

akta.pro rank

Product category

Financial Crime Compliance Software

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Activities Related to Credit Intermediation (5223), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Finance Services (6199), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Fraud, Risk, KYC/AML & Compliance Platforms (BPAMAFAI)

akta.pro secondary industries

Risk Scoring, Credit & Fraud Analytics (counterparty/wallet risk) (FSAPAJAF), Blockchain Compliance, AML & Transaction Monitoring (On-chain Analytics) (FSAGAMAF)

Keywords

• AML compliance software
• Sanctions screening solutions
• SWIFT connectivity services
• Payment fraud detection
• KYC compliance platforms

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Compliance Solutions Licensing: Licensing of AI-powered AML, KYC, sanctions screening, and fraud prevention solutions to financial institutions on subscription or contract basis
2. Payment Solutions: Payment orchestration, SWIFT connectivity, and messaging solutions for financial institutions
3. Managed Services: Cloud-based hosting and outsourced SWIFT connectivity services including Service Bureau
4. Professional Services: Implementation, consulting, and support services for compliance and payment solutions

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Eastnets provides AI-powered compliance and payment solutions for financial institutions through an integrated modular platform with three hubs: Financial Crime Hub (AML, KYC, sanctions screening, fraud detection, trade-based crime detection, blockchain-based sanctions list updates, financial crime orchestration), Global Payments Hub (payment orchestration, SWIFT messaging monitoring, duplicate payment detection), and Hosting Hub (outsourced SWIFT connectivity / Service Bureau). The solutions are licensed primarily on a subscription/recurring basis to banks, central banks, payment service providers, insurance companies, and corporates, complemented by managed cloud services and professional services.

Product overview

Eastnets offers an integrated modular platform providing AI-powered solutions for compliance, payments, and SWIFT connectivity. The platform is organized into three hubs: Financial Crime Hub (SafeWatch AML, SafeWatch KYC, SafeWatch Screening, PaymentGuard, SafeTrade, FinCrime Intelligence Platform, ChainFeed), Global Payments Hub (PaymentSafe, Messaging Warehouse, Duplication Detection), and Hosting Hub (Swift Hosting/Service Bureau). Supporting over 800 financial institutions, the solutions combine machine learning, explainable AI, and real-time monitoring to detect financial crime, meet regulatory requirements, and streamline secure transactions.

Differentiator

Problem solved

Functional benefit

Brands

• SafeWatch AML: AI-powered AML transaction monitoring solution with machine learning capabilities for risk scoring and anomaly detection
• SafeWatch KYC
• SafeWatch Screening
• PaymentGuard
• SafeTrade
• ChainFeed
• FinCrime Intelligence Platform
• PaymentSafe
• Messaging Warehouse
• Duplication Detection
• Swift Hosting / Service Bureau

Products and services

• SafeWatch AML Anti-Money Laundering solution providing real-time and batch transaction monitoring, behavioral analysis, and risk scoring to detect suspicious activities, for banks and financial institutions.
• SafeWatch KYC Know Your Customer solution for customer identification, due diligence, and ongoing risk assessment, for banks and financial institutions.
• SafeWatch Screening Sanctions and watchlist screening solution using fuzzy matching logic, phonetic matching, and AI-powered name matching to reduce false positives, for banks and financial institutions.
• PaymentGuard Real-time AI-driven fraud detection and prevention solution for payment protection, for banks, payment service providers, and corporates.
• SafeTrade Trade-based money laundering detection solution using AI to detect trade-based financial crime with precision across international trade transactions, for banks and trade finance institutions.
• FinCrime Intelligence Platform (FCIP) Investigation and orchestration platform unifying financial crime operations across AML, sanctions, KYC, and fraud with centralized case management and AI-assisted workflows, for banks, central banks, PSPs, and insurance companies.
• ChainFeed Real-time sanctions list updates using blockchain technology (Oracle Blockchain) for secure, encrypted, zero-downtime automatic watchlist updates, for banks and financial institutions.
• PaymentSafe Centralized and automated payment workflow solution with SWIFT messaging and AML integration, for banks and payment service providers.
• Messaging Warehouse SWIFT messaging monitoring, analysis, and control solution for financial messaging systems, for banks and financial institutions.
• Duplication Detection Real-time duplicate payment detection and elimination solution to prevent duplicate transactions, for banks and corporates.
• Swift Hosting / Service Bureau Outsourced SWIFT connectivity and cloud-based hosting service bureau providing an alternative to traditional SWIFT infrastructure, for banks, financial institutions, and corporates.

Quantifiable outcome

• AI can reduce false positives by upwards of 70%
• +1 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability9 records

Feature10 records

Partnerships

Six partnerships are on record, tiered core, regional and strategic.

• FacephicoreStrategic or Co-development Partner · 29 September 2025Strategic alliance to create an end-to-end anti-fraud defense ecosystem combining Eastnets AML, sanctions screening, and transaction monitoring with Facephi's multichannel biometric identity verification technology for banks and financial institutions worldwide. Targets the digital identity market projected to grow at over 16% CAGR through 2029.
• SWIFTcoreTechnology or IntegrationCertified SWIFT partner and service bureau providing SWIFT connectivity, messaging services, and compliance with SWIFT Customer Security Control Framework. Supports SWIFT Go, ISO 20022 migration, and Cross-border Payments and Reporting Plus (CBPR+).
• Microsoft AzurecoreTechnology or IntegrationCloud infrastructure partnership for hosting Americas SWIFT and sanctions screening infrastructure on Microsoft Azure. Enables cloud-based alternative to traditional Swift infrastructure.
• JeelregionalChannel Partner/ Reseller/ DistributorRegional partnership in Saudi Arabia to strengthen the financial ecosystem with advanced anti-financial crime solutions
• SimpaisaregionalChannel Partner/ Reseller/ DistributorRegional partnership for financial compliance solutions distribution
• Lulu Financial HoldingsstrategicStrategic or Co-development PartnerCo-chaired event at Davos World Economic Forum on financial inclusion, exploring cooperation in a fragmented world with focus on Middle East and North Africa region

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• NICE Actimize: NICE Actimize is the largest enterprise AML, sanctions screening, and fraud platform vendor serving global Tier-1 banks and capital markets firms, directly overlapping with Eastnets' SafeWatch AML, Screening and PaymentGuard offerings to financial institutions.
• SAS Anti-Money Laundering: SAS provides an enterprise AML, sanctions screening and fraud detection platform used by large global banks, directly competing with Eastnets' SafeWatch AML and Screening suite across the same financial-crime compliance buyers.
• FICO (Falcon & Compliance Solutions): FICO Falcon and its compliance suite are used by most global Tier-1 banks for AML, sanctions and fraud detection, making FICO one of the closest direct competitors to Eastnets in enterprise financial crime compliance.
• BAE Systems Applied Intelligence (NetReveal): BAE Systems Applied Intelligence provides AML, fraud detection and KYC compliance software (NetReveal) to global financial institutions, overlapping directly with Eastnets' SafeWatch AML/KYC/Screening and PaymentGuard offerings.
• Temenos (Financial Crime Mitigation): Temenos offers an integrated financial crime mitigation suite (AML, sanctions, KYC) as part of its core banking platform, directly competing with Eastnets' compliance hub at banks seeking an integrated vendor.

Broad incumbents

• Oracle Financial Crime and Compliance: Oracle's Financial Crime and Compliance Management suite is a broad incumbent banking platform with integrated AML, KYC and sanctions screening that competes with Eastnets across the same enterprise banking buyers while also integrating with its core banking stack.

Emerging players

• Featurespace: Featurespace provides AI-native adaptive behavioral analytics for fraud and AML transaction monitoring, increasingly competing with Eastnets' PaymentGuard and SafeWatch AML in the same enterprise bank accounts with a machine-learning-led pitch.
• Silent Eight: Silent Eight applies AI to name screening, KYC/AML alert adjudication and customer risk scoring for global banks, directly competing with Eastnets' SafeWatch Screening in sanctions and watchlist screening workflows.
• Feedzai: Feedzai is an AI-native riskOps platform for AML, fraud and financial crime detection used by large banks and payment providers, directly overlapping with Eastnets' PaymentGuard and SafeWatch AML offerings for payment and transaction monitoring.
• Merkle Science: Merkle Science provides blockchain analytics and compliance tooling for crypto and digital-asset AML, sanctions and KYC, offering emerging competition to Eastnets' ChainFeed and any future on-chain AML extensions to traditional financial institutions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/eastnets
• Xx.com/eastnets
• Facebookfacebook.com/eastnets

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Eastnets