Cleafy named a Leader in the 2026 SPARK Matrix(TM) for Enterprise Fraud Management. Milan, Italy, 27 October 2026 - Cleafy has been named a Leader in the 2026 SPARK Matrix(TM) for Enterprise Fraud Management (EFM) by QKS Group, retaining its Leader position for a second consecutive year with continued year-over-year improvement across the technology excellence and customer impact dimensions of the evaluation. The recognition marks a consistent rise across successive QKS evaluations. Cleafy first appeared in QKS Group's Behavioral Biometrics and Device Intelligence listing as a Contender, entered the Enterprise Fraud Management evaluation in 2024 as an Emerging Leader, advanced to Leader in 2025, and has now maintained Leader status in 2026 while strengthening its overall standing. QKS Group recognised Cleafy for the strength of its detection approach. Cleafy's deterministic, label-free models identify fraud from signals such as device integrity, geolocation and session behaviour, without depending on historical fraud labels or lengthy retraining cycles. Every decision decomposes into human-readable tags that analysts, auditors and regulators can inspect individually, delivering explainability by design. The evaluation also highlighted the speed and low disruption of Cleafy's deployment: web coverage captured at the network level with no changes to a bank's application code, and mobile coverage added through a lightweight software development kit in approximately one week. The recognition reflects Cleafy's move to Autonomous Fraud Operations. Cleafy's FxDR platform brings cybersecurity-grade visibility to fraud prevention, detecting attacks as they form across digital banking channels. Cleafy Nyx, which reached general availability in December 2025, adds an agentic AI layer that hunts, constructs - and continuously and autonomously optimises risk posture as threats evolve - cases at machine speed while keeping a human analyst in control of every decision. "Maintaining our Leader position, and improving on it, reflects the value of the approach we've built," said Michael Morris, Product Director at Cleafy. "We brought the discipline of cybersecurity into fraud prevention to recognise attacks before they become fraudulent transactions. With Nyx, we're taking that further through Autonomous Fraud Operations, continuously hunting for emerging threats and giving banks the evidence they need to act earlier, with greater precision and efficiency." Anandh Ramaswamy, Practice Director at QKS Group, states, "Fraud increasingly begins as a cyberattack, well before a payment is initiated. "Our assessment finds Cleafy particularly compelling in connecting these stages through its Fraud xDR approach, which brings device, malware, network, session, and transaction evidence into a continuous view of how an attack develops." Traditional systems focus on detecting fraud after a transaction is submitted. Cleafy identifies the attack at its earliest stage, tracking reconnaissance, malware, and session manipulation before they reach the transaction layer, and treating the transaction as the final step in an attack rather than the first signal of one. For financial institutions, that means fraud prevention that is predictive, explainable, and immediate across digital banking channels. About QKS Group QKS Group is a global analyst and advisory firm helping enterprises, technology vendors, and investors make trusted, data-driven decisions. Its portfolio spans the flagship SPARK Matrix(TM) evaluation framework, SPARK Plus(TM) analyst advisory platform, QKS Intelligence(TM) for market and competitive tracking, and QKS Community(TM) for CXO leaders and practitioners. All offerings are powered by a Human-Intelligence-driven framework and QKS's closed-loop research methodology - integrating expert-led insights, quantitative modeling, and continuous validation to deliver credible, outcome-focused intelligence. www.qksgroup.com. About Cleafy Cleafy helps banks stop financial fraud through Autonomous Fraud Operations. Rather than adding another tool for analysts, Cleafy investigates cases, produces evidence-based decisions and adapts to changing criminal tactics in production. European banks have been running Cleafy's Autonomous Fraud Operations since December 2025, enabling fraud teams to prevent more fraud losses while focusing human expertise where it adds the greatest value. www.cleafy.com Related press Trusted by leading banks and FIs A global authority in cyber-fraud defence Technology patents and continuous improvement Rated 4.2 on Gartner peer insights

Cleafy launches the first autonomous fraud investigation platform for banks. London, 25 March 2026 - Cleafy, the fraud detection and response platform for banks, has launched Nyx - the first autonomous fraud investigation platform built specifically for financial institutions. Nyx deploys AI agents that investigate every fraud signal automatically, reconstruct full attack campaigns, deliver complete forensic investigations, and generate optimised detection and response rules - all in less than four minutes. For most banks, the problem is no longer detecting fraud. It is investigating it fast enough. The investigation stage has become the new point of risk - where fraud campaigns expand, losses accumulate, and operational teams fall behind volume. Nyx introduces a new operating model for fraud investigation, delivering immediate advantages for financial institutions: Faster decisions on fraud signals. Nyx dramatically reduces the time needed to analyse and close fraud investigations to less than four minutes, down from more than four hours when done manually. Every fraud signal investigated automatically. Most fraud teams investigate only a fraction of the signals generated by their systems. The remainder are closed quickly or triaged away due to capacity limits. Nyx allows financial institutions to investigate 100% of fraud cases with the same level of forensic depth - something manual teams cannot scale. Earlier identification of coordinated attacks. Nyx has already identified coordinated attacks up to fifteen days before the first fraudulent transaction occurred. Automatic defence optimisation. For every attack pattern it reconstructs, Nyx generates optimised detection and response rules and rationalises the institution's entire existing ruleset - eliminating redundancy, resolving conflicts, and strengthening coverage without manual rule maintenance. Human analysts supervise the system rather than handling each case individually, and their feedback - together with new evidence from live cases - provides continuous learning for Nyx's AI agents. Nyx generates forensic investigations in an analyst's working language, which allows investigators to review findings immediately without translation. Matteo Bogana, Chief Executive Officer at Cleafy, said: "Fraud has become an industrialised operation. Increasingly, AI is being used to orchestrate and accelerate fraud attack campaigns at a scale and speed that manual defences cannot match. Yet investigation workflows have remained largely manual, and fraud systems generate more signals than investigation teams can realistically analyse. Nyx changes this, leveraging AI to fight AI. Cleafy S.p.A. is creating a fraud defence that matches the threat. "Nyx is the beginning of autonomous fraud operations - from investigating and managing attacks in minutes to dismantling them before the first fraudulent transaction occurs." Nyx is designed for regulated environments, with full logging and traceability that aligns with regulatory frameworks such as DORA and NIS2. Nyx is already operating at three European banks collectively serving over 30 million digital banking customers: "The quality of the investigation report was beyond what we expected." Fraud operations lead, European bank "We spend 4-5 hours per case. Nyx completed the same investigation in under 4 minutes." Head of fraud, European financial institution "When we saw the report in our own language, everything changed." Chief information security officer, Southern European bank Nyx is available now for financial institutions globally. About Cleafy. Cleafy is the fraud management platform for banks, trusted by over 173 financial institutions. Its modular architecture spans attack prediction, real-time detection and response, autonomous investigation, workforce protection, and global threat intelligence. Nyx is Cleafy's autonomous investigation and defence optimisation product. Founded in Milan, with offices in Madrid and London. Related press Trusted by leading banks and FIs A global authority in proactive fraud prevention Technology patents and continuous improvement Boasting a score of 4.2