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Neema Partners with ThetaRay to Enhance AML Transaction Monitoring and Sanction Screening with AI-Powered Technology

New York, NY  [Nov 7, 2023] – ThetaRay, a global leader in AI-powered financial crime detection solutions, is proud to announce its partnership with Neema, a cutting-edge global payments network for businesses. This collaboration marks a significant milestone in the fight against financial crime, as it combines ThetaRay’s advanced artificial intelligence technology with Neema’s real-time payments network to enhance anti-money laundering (AML) transaction monitoring and sanction screening capabilities.

Neema is a dynamic player in the world of global payments, providing businesses with an easy and efficient way to connect with financial institutions across the globe. Their real-time payments network, accessible through an easily integrated API, eliminates the hassles of traditional bank transfers and complex regulatory hurdles. 

Businesses can now focus on growth and investments, confident in the knowledge that Neema’s network seamlessly handles cross-border financial transactions and offers extensive coverage.

One of the key elements that sets Neema apart is its commitment to ensuring the security and compliance of every transaction. With the partnership between ThetaRay and Neema, this commitment takes a giant leap forward. Every transaction passing through the Neema network will be subjected to ThetaRay’s state-of-the-art AML transaction monitoring and sanction screening system.

Moshe Kimhi, CEO & Founder, Neema

Moshe Kimhi, CEO & Founder, Neema


Moshe Kimhi, CEO and Founder at Neema, said, “The modern world is more intense than ever. Trade and commerce are happening across multiple regions and time zones all at once. The ability to transfer money between markets and complete deals and transactions in a matter of seconds or minutes is crucial for global, fast-paced organizations. With ThetaRay’s advanced AI technology, we’re taking a significant step forward in ensuring the security of cross-border payments for our diverse customer base.”

With ThetaRay’s AI-powered transaction monitoring, fintechs and banks can enhance trust in global payments by detecting and analyzing vast volumes of transaction data in real time. By doing so, it identifies even the most subtle signs of illicit financial activities, such as money laundering and sanctions violations. This level of scrutiny ensures that Neema’s network remains a secure and trusted platform for businesses worldwide.

“At ThetaRay, our mission is to enable financial institutions and businesses to stay one step ahead of financial criminals,” said Peter Reynold, CEO of ThetaRay, “Our partnership with Neema is a testament to our commitment to this mission. By integrating our cutting-edge AML technology with Neema’s real-time payments network, we are providing businesses with unparalleled security and peace of mind.”

Neema and ThetaRay are redefining AML transaction monitoring, enabling businesses to grow and expand without cutting corners on security or compliance.


About ThetaRay 

ThetaRay’s AI-powered SONAR transaction monitoring solution, based on artificial intelligence intuition, allows banks and fintechs to expand their business opportunities and grow revenues through trusted and reliable cross-border payments. The groundbreaking solution also improves customer satisfaction, reduces compliance costs, and increases risk coverage.

Financial organizations that rely on highly heterogeneous and complex ecosystems benefit greatly from ThetaRay’s unmatchable low false positive and high detection rates.

For more info about ThetaRay

Media contact: Galit Gilad

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