Mark Gazit, CEO of ThetaRay, says: “In an era when traditional financial crime is transitioning into cyber/financial crime powered by AI, banks cannot rely on old methods of identifying suspicious behavior, because criminals are able to make sure their crimes look identical to legitimate [...]
ThetaRay’s CEO Mark Gazit talk to Euromoney about difficulties in detecting sophisticated ATM attacks and the role of Intuitive Intelligence in helping banks to detect fraudulent activity before it takes place. Gazit says: “Instead of looking for rules and patterns, our system acts more like a [...]
ThetaRay’s CEO Mark Gazit talks with CityWire Asia Private Wealth Magazine about the use of Artificial Intelligence to fight money laundering. “Gazit is confident the future of banking belongs to AI”. “Instead of investing in more and more people, we suggest investing in AI technology [...]
ThetaRay’s CEO Mark Gazit discusses the recent ATM “cashout” attacks with ThreatPost. “A combination of malware, ATM jackpotting, money mules, money laundering, e-payment and crypto currency fraud – all performed by organized crime groups – presents a daunting task for [...]
Collecting data is hard, analyzing data is hard, but dying is simply not an option. So how do financial services companies stay alive? ThetaRay is featured in Finovate’s blog about fintechs that specialize in leveraging data across [...]
ThetaRay’s CEO Mark Gazit talks to NBC News about some everyday habits that put consumers more at risk for identity theft and security breach. “The most dangerous habit a person can have is to be too trusting,” says Gazit. Whenever you’re dealing with your financial information and [...]
ThetaRay’s EVP of Financial Services Solutions James Heinzman interviewed by Bankinfosecurity.com and shares insights on countering sophisticated fraud techniques. “Unsupervised machine learning is essential to mitigate the sophisticated cross-channel fraud techniques attackers are [...]
ThetaRay’s CEO Mark Gazit interviewed by American Banker about modern ATM crime and how banks can proactively fight it. “… Every time you push a button, commands over the internet bypass everything, instruct the motor on the ATM dispenser and it spits out money,” – Gazit warns about the [...]
Unsupervised Machine Learning Platform Honored for Detecting First Signs of Unknown Money Laundering Schemes NEW YORK, May 24, 2018 /PRNewswire/ — ThetaRay, a leading provider of big data analytics solutions, today announced that it has won the 2018 Asian Banker Risk Management Award for [...]
ThetaRay seals deal with one of the leading banks in Northwest Europe, ABN AMRO Bank N.V., to improve post-transaction monitoring and detect financial crime – mentions Global Banking & Finance Review. Shay Dovev, SVP Sales at ThetaRay added, “We are very happy to have ABN AMRO join the [...]
TEL AVIV (Reuters) – Israel’s ThetaRay, which uses mathematics to provide early detection from cyber threats, has completed a fundraising round of over $30 million, bringing the total amount raised to date to more than $60 [...]
ThetaRay has raised $30 million in a round that includes investors in both Israel and Silicon Valley. The company makes technology to manage risk, discover money laundering, uncover fraud, expose bad loans and parse operational issues. Financial fraud became a growth industry with the rise of the [...]
With a total $60 million raised to date, the Israeli startup plans to expand operations in Europe, Asia, and the United [...]
ThetaRay, which has doubled in size every year for the past five years, said on Tuesday it will use the capital to expand its presence in Europe, Asia and the United States and significantly increase its workforce to meet a growing demand for systems that fight financial crime and money [...]
Israel’s ThetaRay, which uses mathematics to provide early detection from cyber threats, has completed a fundraising round of over $30 million, bringing the total amount raised to date to more than $60 million. Investors include Jerusalem Venture Partners, General Electric, Bank Hapoalim, [...]
ThetaRay is AML way for ABN AMRO Bank N.V. FinTech Futures mentions our recent win. ABN AMRO Bank N.V. has partnered with ThetaRay in a five-year, bank-wide project to improve the Dutch bank’s anti-money laundering (AML) and counter-terrorist financing (CTF) [...]
ABN Amro has signed up for machine learning technology from ThetaRay to help it tackle money laundering and terrorist financing [...]
The Northwest European Bank said the solution will improve the effectiveness and efficiency of post-transaction monitoring in controlling money laundering and terrorist financing [...]
One of the leading banks in Northwest Europe, ABN AMRO Bank N.V., has chosen ThetaRay’s machine learning solution to improve the effectiveness and efficiency of post-transaction monitoring in controlling money laundering and terrorist financing risks. The scope of the activities is bank-wide and [...]
ABN AMRO Bank N.V., has chosen ThetaRay’s machine learning solution to improve the effectiveness and efficiency of post-transaction monitoring in controlling money laundering and terrorist financing risks. The scope of the activities is bank-wide and has been defined for period of five years. The [...]