SONAR is ThetaRay’s AI-powered SaaS AML transaction monitoring and screening solution that enables fintechs, banks, and regulators to ensure trust in cross-border and domestic payments while driving financial growth. A new breed of transaction monitoring, ThetaRay’s advanced AI method, using proprietary and patented algorithms, detects anomalies in unlimited data sets to reliably root out fraudulent transactions with virtually no false positives, delivering an effective solution for AML compliance.
Identify risks more accurately and precisely to grow business in countries and segments considered to be higher risk.
Detect anomalies that signal threats and radically reduce false positive alerts by up to 99%. With some 95% of flagged transactions detection worthy. Reduce time spent by analysts on investigations by more than 50% for more effective AML compliance operations.
Our proprietary AI method replaces human bias, giving the system the power to recognize anomalies and find unknowns outside of normal behavior, including completely new typologies.
Value to customer within weeks. Conduct highly complex analytics on huge volumes of data in hours instead of months.