Increasing Revenues & Expanding Earnings We invite you to explore secure opportunities amid expanding earnings, unveiling the strategic power of Banking Correspondents for revenue growth. Witness the transformation of challenging revenue streams, risks, and compliance costs into manageable elements through compliance measures. Delve into cross-border risk analysis, the puzzle of missing customer data, and the enigmatic realm of risk oversight and compliance in Banking, understanding the global need to mitigate network risks, and gaining insights into the challenges faced by banks of different
Prevent Misuse of International Trade System and Defeat Financial Crime Discover a tale from the 1960s when a cargo ship’s innocent furniture shipment concealed a shocking secret in the form of guns and cash hidden among the sofas and tables, unraveling a money laundering scheme. Delve into the complexities of this financial subterfuge: how a seemingly routine transaction involving guarantees from a bank turned unknowingly complicit in criminal activities. We invite you to learn about trade-based money laundering’s sophistication—where criminal networks exploit techniques like
Detect unknown financial crime with artificial intelligence and unsupervised machine learning Discover the evolving landscape within global financial institutions, where the line between the physical and virtual realms is shifting due to digital interconnectedness. In this article, you will learn how we uncover emerging threats driving the need for advanced security solutions, as cybercriminals exploit cutting-edge technology and complex attack patterns. Witness how ThetaRay leverage extensive data and unsupervised machine learning to detect potential fraud at inception, expertly mitigating a spectrum of hazards including cyberattacks, money laundering, and internal
Travelex Bank in Brazil is one of the world’s leading specialist providers of foreign exchange, offering a range of international money transfer products including import/export, remittances, and mass
Payoneer is the world's go-to partner for digital commerce, serving over 190 countries and territories and more than 5 million
Novatti Group, a prominent fintech company serving 55+ countries with payment solutions, sought an efficient transaction monitoring solution to manage new risks due to its business growth. They partnered with ThetaRay, leveraging their AI-powered SONAR solution based on unsupervised machine learning. This technology enabled Novatti to confidently enter high-risk markets while improving detection rates and reducing false positives in preventing financial crime. As a result, Novatti successfully scaled its business and achieved its vision for the company. Let’s discover another success story from
The global payments landscape is evolving to address increasing financial crimes fueled by cyber threats and regulatory requirements. Introduce yourself to SONAR, ThetaRay’s AI-powered solution designed to detect financial crimes, empower fintechs with AI-driven monitoring, and ensure trustworthy payment processes by effectively preventing money laundering and illicit activities. By utilizing advanced AI intuition and proprietary algorithms, SONAR dynamically assesses data, enabling precise detection of suspicious transactions for compliance teams. To learn more, download this Case
A leading global bank with an expanding footprint and a strong presence in the financial capitals of the world the bank had nearly $3 billion in revenue in 2020 with annual profits of over $500
ThetaRay’s AI-led system scanned through all the data of more than 200 million transactions provided by the European bank. ThetaRay identified and alerted 8,400 suspicious anomalies related to 56 customers during the time period under
Forced labour is said to generate $150 billion in profits every year. However, artificial intelligence-based monitoring can spot the money laundering schemes that many human traffickers rely on. Implementing such a system would allow banks to proactively stop illicit profits from getting through and alert authorities to suspicious activity. Robin Amlôt of IBS Intelligence speaks to Yaron Hazan, VP Regulatory Affairs at Thetaray about what banks can and should be
Dive into the impact of AI shaping payments in Africa with Shani Golov, ThetaRay's Director Of Sales - Global Enterprise Financial Institutions, alongside Charles Hansen-Quao, Chief Operations Officer SEVN, and Jeffrey Dagadu, Manager of Data Science at Stanbic
Hear from industry experts from Travelex, FINTRAIL, and ThetaRay as we explore how fintechs and banks use AI to overcome the ever-evolving AML detection, risk mitigation, and compliance challenges.
Exclusive Webinar on Unlocking Global Opportunities: AML Best Practices and the Transformative Power of AI in Payment Businesses, hosted by ThetaRay in collaboration with MFS Africa. Hear from industry experts as we explore the role of AI in enhancing AML practices and mitigating financial crimes in the payment industry. Become familiar with the unique challenges facing the African landscape and around the world by attending this event. Let’s unlock the potential of AI-driven solutions for a secure and inclusive financial
Zeepay uses ThetaRay for Financially Inclusive and Secure Remittance Financial inclusion can’t exist without financial safety. “Remittance is probably the largest single source of foreign direct investment into Africa – $84 billion per year” ThetaRay helps Zeepay enable migrant workers to provide for their families through safe, real-time remittance payments. With SONAR, ThetaRay’sI AI-powered anti-money laundering (AML) transaction monitoring and screening solution, low-income and underbanked Africans are able to build a financially inclusive and stable economic
Any financial institution or payment service provider (PSP) that manages “high risk” activities must ensure that all its potential dangers are properly identified, supervised, assessed and managed. This webinar will help you understand how AML compliance can help your Fintech and avoid fines or regulatory
Any financial institution or payment service provider (PSP) that manages “high risk” activities must ensure that all its potential dangers are properly identified, supervised, assessed and managed. This webinar will help you understand how AML compliance can help your Fintech and avoid fines or regulatory
In the face of evolving financial crime challenges, traditional transaction monitoring struggles. Financial institutions seek compliance and agility, urging a shift from rigid rules to a risk-based approach. Despite a decade of advocacy, many programs stay compliance-focused. Enter AI, the game-changer. Powerful technologies enable a dynamic shift in combating money laundering, terrorist financing, fraud, and criminal activities. This white paper delves into how AI-powered monitoring facilitates a risk-based approach, providing case studies and addressing concerns like data scarcity and return on investment. Explore the transformative potential of AI for a secure and efficient anti-financial crime