Unit21
No-code platform that lets a bank or fintech's risk team build their own fraud and money-laundering detection rules, investigate flagged cases, and file the required regulatory reports.
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Description
Catching fraud or money laundering is only half the job at a bank or fintech — once something's flagged, a risk team still has to investigate it, decide what to do, and often file a formal report with a regulator, all within strict compliance timelines. Unit21 is built for that whole operational chain: it lets a risk team write their own detection rules without needing an engineer, then gives them the tools to investigate a flagged case and generate the regulatory filing, in one connected system rather than several disconnected tools.
Unit21 combines AI agents for real-time fraud detection and automated investigation with a no-code rule builder, a unified device-risk score, transaction monitoring, payment and sanctions screening, case management, automated regulatory filing (SARs, STRs, CTRs), graph analysis for uncovering hidden relationships between entities, and access to a fraud-data consortium covering 80M+ US adults. It reports representing roughly 5% of all Suspicious Activity Reports (SARs) filed in the US, monitoring 4.5 billion events monthly across 200+ institutional customers.
💬 Our review
The short version: Unit21's real strength is the operational side of fraud and AML work — no-code rule-building plus case management plus automated regulatory filing in one place — which matters most to mid-market fintechs and digital banks that need to move fast on new rules without waiting on engineering, while still meeting strict compliance deadlines.
The claim of representing roughly 5% of all US SARs filed is a genuinely striking scale indicator if accurate — it suggests real, deep usage inside actual compliance operations, not just a detection tool sitting unused after purchase. The no-code rule builder specifically addresses a common operational bottleneck: fraud patterns shift constantly, and a risk team that has to file an engineering ticket every time they want to adjust a detection rule is structurally slower than one that can update rules themselves. The honest positioning versus Sardine: Unit21 leans harder into the no-code investigation and case-management workflow, while Sardine leans harder into the real-time transaction-scoring layer itself — many institutions run both together rather than picking one, since they solve adjacent but distinct parts of the same overall fraud/AML problem. As with any vendor in this space, its adoption and scale figures (4.5B monthly events, 48.3M analyst hours saved) are self-reported and worth a direct methodology question during evaluation.
💰 Pricing
📊 Global score
🤖 AI-enriched data
No public pricing; enterprise sales, demo required.
Pros
No-code rule builder lets risk teams adjust detection logic without engineering
Reports representing ~5% of all US SARs filed, a strong real-usage scale signal
Combines detection, investigation and automated regulatory filing in one platform
Fraud-data consortium covering 80M+ US adults
Cons
Scale and efficiency figures are self-reported, worth a direct methodology question
US-focused regulatory filing features (SARs, STRs, CTRs)
No public pricing, fully custom enterprise sales