CMO Vered Gottesman asks CPO Dagan Osovlansky about ThetaRay’s new CRA product Vered: ThetaRay just launched CRA – Customer Risk Assessment. What differentiates ThetaRay’s CRA from existing customer due diligence products on the market? Dagan: Customer due diligence (CDD) requires a [...]
The Grey List and the Black List, created by the Financial Action Task Force (FATF), categorize countries based on their perceived risks and compliance with international standards in countering financial crimes. The FATF is an intergovernmental organization established to combat money laundering, [...]
The mounting challenge of trade for AML compliance Trade financing is a big business for banks, with letters of credit and an important revenue stream. For the developing world, global trade is key to economic growth. The global trade finance market, with an estimated value of $5.2 trillion, [...]
Nigerian fintech selects SONAR SaaS solution for AML and sanctions screening to create new revenue opportunities and boost customer service. ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced that ARCA, a premier African payment services provider, will [...]
The Latin American payment fintech market is growing rapidly with new digital platforms fulfilling the needs of underserved financial consumers in the region. The region is enjoying phenomenal growth, with the number of firms reaching nearly 2500 in 2021 from 700 five years ago, according to data [...]
Next-generation transaction monitoring tools that use AI and ML technologies are getting faster and more accurate, drastically cutting the number of false positives. Yet fear and suspicion around the “black box” nature of AI is still keeping potential adopters away from these technologies. [...]