Datamellon lists MellyGuard on AWS marketplace for banks

Datamellon has listed its financial crime platform MellyGuard on AWS Marketplace, enabling eligible banks to procure the software through existing Amazon Web Services commercial agreements and cut vendor onboarding time.

The move reduces the path from procurement to production, the organisation said in a statement. Institutions can now deploy MellyGuard via SaaS or dedicated infrastructure on AWS, Microsoft Azure, Google Cloud Platform, Oracle Cloud Infrastructure, and Huawei Cloud while meeting enterprise data residency requirements.

MellyGuard replaces traditional rule-based fraud detection with generative AI and agentic reasoning. The platform analyses customer behaviour across card, mobile, USSD, wallet, wire and lending transactions in real time, then explains why activity is suspicious, identifies risk factors and recommends investigative actions.

Human investigators retain final decision authority and the system maintains immutable audit trails for regulatory review.

“Compliance is not the ceiling; it is the floor,” said Adewale Adedeji, managing director & chief executive officer, Datamellon. “Institutions that treat the CBN directive as a capability investment rather than a compliance exercise will build a structural advantage that competitors may spend years trying to close,” he added.

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The platform covers real-time fraud detection, automated anti-money laundering transaction monitoring, dynamic customer risk scoring, sanctions and politically exposed person screening, AI-powered fuzzy matching, KYC and liveness verification, enterprise case management, maker-checker governance, and automated regulatory reporting.

Reporting aligns with standards from the Financial Action Task Force, UK Financial Conduct Authority, US Financial Crimes Enforcement Network, Monetary Authority of Singapore, and Central Bank of Nigeria.

Datamellon said the June 10 Central Bank of Nigeria roadmap submission deadline should be viewed as the starting line for transformation, not the end of compliance.

The company designed MellyGuard to align with FATF, FCA, FinCEN, MAS and CBN requirements and certified it to ISO 42001 for AI management systems.

Banks can procure MellyGuard directly through AWS Marketplace or request a Financial Crime Roadmap Session with Datamellon.