Menyala is a venture builder founded by Temasek, a global investment firm headquartered in Singapore. We empower builders to drive technological shifts.
As the Founder in Residence (FIR), you will spearhead the exploration, definition, and early execution of a new real-time fraud detection venture. With the freedom to shape the concept and execution, you’ll guide the venture from problem identification through validation, prototype, and MVP phases. You’ll collaborate with Menyala’s advisors, insurance experts, and technologists to test assumptions, refine product-market fit, and build a foundation for scalable growth.
A revolutionary opportunity exists in building collaborative fraud prevention networks that leverage network effects to create collective immunity. When one institution detects a new fraud pattern, all participating members could automatically strengthen their defenses against similar attacks. This approach is particularly powerful when combined with the growing ecosystem of connected devices – from smartphones to smart home systems – which can serve as a distributed network of fraud detection sensors, analyzing behavioral patterns across multiple dimensions to identify anomalies in real-time.
The most exciting potential lies in transforming fraud prevention from a reactive, institution-specific function into a proactive, ecosystem-wide immune system. By creating secure protocols for sharing threat intelligence and anomaly patterns while preserving privacy, we can build a system where each attempted fraud makes the entire network stronger. This collaborative approach could dramatically reduce the economic incentives for fraudsters while simultaneously lowering the cost of fraud prevention for individual institutions.
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