Pillars FinCrime Advisory
Fraud Risk Management Built on the GAO Framework
We help fintechs, payments companies and financial institutions move from reactive fraud response to a proactive, board-level fraud risk program.
- Covers all five GAO fraud risk management components
- Led by a CAMS-certified founder with 12+ years in financial crime
- Programs that scale with your growth and hold up in exams
Founder-led by Joshua Douglas, CAMS certified, serving clients nationwide from Houston.
Prefer to talk? Call 281-825-1603
Talk about your fraud risk program
Tell us where your program stands today. We will reply with next steps and a scope for your review.
Why teams choose Pillars for fraud risk
A proven framework, not guesswork
Your program is built on the five GAO fraud risk management components: governance, risk assessment, control activities, investigation and corrective action, and monitoring.
Proactive instead of reactive
Stop chasing fraud after the fact. We help you design controls and governance that catch risk earlier and give the board a clear view.
Senior expertise without the overhead
Work directly with Joshua Douglas, CAMS certified, with 12+ years in financial crime and nearly 20 years in financial services.
Built to scale with growth
Practical, data-driven solutions designed to grow alongside your business instead of breaking under new volume.
Exam and audit ready
We document governance and controls so your program stands up to regulators, auditors and bank partners.
Connected to your wider program
Fraud controls tie into AML, KYC/KYB, sanctions screening and transaction monitoring so nothing falls between the cracks.
What a fraud risk management engagement covers
Pillars FinCrime Advisory builds comprehensive fraud risk programs based on the five components of the GAO Fraud Risk Management framework. We look at how fraud actually moves through your products and payment flows, then design governance, controls and monitoring that fit your real risk profile.
Fraud rarely sits on its own. Because we support the full financial crime lifecycle, your fraud program can connect cleanly to AML policy, KYC/KYB design, transaction monitoring and SAR decisioning.
- Fraud governance structure and board reporting
- Fraud risk assessment across products, channels and payment flows
- Control activities designed for your risk profile
- Investigation workflows and corrective action processes
- Ongoing monitoring and program evaluation
- Links into AML, BSA, KYC/KYB and sanctions controls
- Transaction monitoring optimization to lift alert quality
- Vendor-neutral evaluation of fraud and monitoring software
Experience behind your program
“Pillars helped us navigate a complex regulatory review with confidence. Their hands-on approach and deep understanding of fintech compliance made all the difference. Our program is now scalable and audit-ready.”
“From transaction monitoring optimization to KYC redesign, Pillars delivered measurable improvements. Alert quality is up, operational friction is down, and we're better prepared for regulatory exams.”
What happens after you reach out
Share your situation
Send us your details and a short note on your products, volumes and current fraud controls.
Scoping conversation
We talk through your risks, gaps and goals, then confirm what a fraud risk engagement should cover.
Proposal and build
You get a clear scope and plan. Then we build the governance, controls and monitoring your program needs.
Frequently asked questions
What framework do you use for fraud risk management?
We build programs on the five components of the GAO Fraud Risk Management framework: governance, risk assessment, control activities, investigation and corrective action, and monitoring.
How much does a fraud risk program cost?
Pricing depends on your size, products, transaction volume and how much of the program already exists. Share your details and we will scope the work and give you a quote.
Do you only work with large banks?
No. We work with fintechs, payments companies, money services businesses, financial institutions and NIL platforms, from growth-stage companies to established institutions.
Can you also lead the program day to day?
Yes. We offer fractional CCO and BSA Officer services, so you get experienced compliance leadership and accountability without a full-time hire.
Do you provide fraud investigation staff or software?
No. We do not provide outsourced review teams or license compliance software. We design the program and give vendor-neutral evaluations of fraud, monitoring and audit tools.
Where do you work?
We are based in Houston, Texas and serve clients nationwide across the United States. We do not advise on non-US regulatory jurisdictions.
Ready to get ahead of fraud risk?
Tell us about your products, volumes and current controls. We will come back with a clear scope for a fraud risk management program built to scale.
- Covers all five GAO fraud risk management components
- Led by a CAMS-certified founder with 12+ years in financial crime
- Programs that scale with your growth and hold up in exams
Prefer to talk? Call 281-825-1603