WFF conducts research that reconstructs the tactics leveraged by criminals to commit financial scams, with these initiatives focusing on uncovering vulnerabilities so that banks and fintech companies can better safeguard their customers. During these activities, WFF reveals fraudulent and money mule accounts.
WFF and Salv’s partnership plans
By utilising Salv Bridge, WFF is set to be able to provide the necessary intelligence immediately through a compliant, secure, and structured messaging platform developed for collaborative financial crime investigations. According to company data, over 100 banks, fintech companies, and PSPs across Europe leverage Salv Bridge to share intelligence for authorised push payment (APP) fraud recovery, collaborative AML investigations, automated RFIs, and suspicious IBANs. Alerts sent through Salv Bridge hold a true positive rate of approximately 90%, while companies see recovery rates of stolen funds as high as 80%.
Furthermore, commenting on the move, representatives from WFF underlined that Salv Bridge is set to equip their company with the ability to share important signals instantly, in turn allowing its insights to reach financial institutions more efficiently and enabling faster interventions and solid protection for customers.
Latest news from Salv
At the
beginning of 2025, Salv announced that it had opened up the application process for the next cohort of its Salv Bridge network, set to centre on cross-border APP fraud and mitigating criminal organisations’ activities. The cohort, which included 30 banks, fintech companies, and crypto firms, was intended to share intelligence on managing the scaling issue of APP fraud. Introduced in Europe in 2021, Salv Bridge came as a collaboration platform for fraud prevention and recovery, supporting over 70 financial institutions that utilised the platform to share intelligence.
