ThetaRay, whose solutions enable the acceleration of cross-border interbank transfers while protecting financial institutions from financial crimes, today announced that it has won Abu Dhabi’s “The Search: Israel” competition. The company will now compete against businesses [...]
If human trafficking was not profitable, it would not exist. But how can it be made unprofitable? ThetaRay, the cybersecurity and big data analytics company that provides a platform for detection of unknown threat and risks to protect critical infrastructure and financial services, has a [...]
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 [...]
In a world where all our finances are managed online, there are numerous elements trying to take advantage of this situation to engage in financial [...]
Mark Gazit is the CEO of ThetaRay, a cybersecurity and big data analytics company that provides a platform for detection of unknown threat and risks to protect critical infrastructure and financial [...]
Welcome to insideBIGDATA’s “Heard on the Street” round-up column! In this brand new regular feature, we highlight thought-leadership commentaries from members of the big data ecosystem. Each edition covers the trends of the day with compelling perspectives that can provide important insights [...]
Correspondent banking amid a global pandemic Globalisation, digitisation and the Covid-19 pandemic have combined to create increased reliance on cross-border payments and correspondent banking over the past year. Unfortunately, most banks simply cannot manage the risk associated with correspondent [...]
Startups that provide anti-money-laundering technology to banks continue to raise large amounts of money because of tech advances they’ve made that can speed crime detection. But the companies may have to expand their business models to keep momentum going. [...]
ThetaRay, a leading provider of AI-based Big Data analytics, today announced a global partnership with Google Cloud to protect banks, fintechs, PSPs and payments infrastructure companies against money laundering activity hidden within cross-border transactions. Through the alliance, [...]
Advanced SaaS Transaction Monitoring Solution Empowers Banks, Financial Institutions and Enterprises to Grow International Business Without Risk Exposure NEW YORK, LONDON and TEL AVIV, May 24, 2021 /PRNewswire/ — ThetaRay, a leading provider of AI-based Big Data analytics, today launched [...]
ThetaRay’s solution enables the world’s largest banks, financial institutions and businesses to increase and simplify the volume of transfers, ensuring their timely completion and monitored costs, without fear of being used for money laundering, terrorist financing, human trafficking [...]
AI-based Big Data analytics provider ThetaRay has launched its AML (Anti-Money Laundering) for Cross-Border Payments solution as a cloud-based [...]
Industry Veteran Brings 20 Years of Banking/FinTech Product Development Experience NEW YORK, LONDON & TEL AVIV, April 1, 2021 – ThetaRay, a leading provider of AI-based Big Data solutions within the financial sector, today appointed Dagan Osovlansky as Chief Product Officer. He will be [...]
FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market, today announced that ThetaRay, the leading provider of AI-based Big Data analytics for the prevention of financial cybercrime, has been [...]
ThetaRay, a leading provider of AI-based Big Data analytics, today announced that its Anti-Money Laundering (AML) for Correspondent Banking solution has been chosen by Spanish wholesale bank Cecabank. The AI-based technology will enable Cecabank to analyze SWIFT traffic, risk indicators and [...]
In a year that has been largely summarized by hardships and uncertainty, we have seen FinTech push to the forefront. In an industry that is typically characterized by adaptability and tenacity, start-ups and unicorns alike have recognized their opportunity to demonstrate the appeal of their [...]
ThetaRay, the leading provider of Big Data analytics, preventing financial cybercrime, today named Jerusalem Venture Partners (JVP) Founder and Chairman Erel Margalit as Chairman of its Board of [...]
Mark Gazit’s virtual interview by Dale Laszig discussing the birth of ThetaRay’s intuitive AI technology and how it is used as an effective tool within the financial sector as banks are using AI to detect fraud and [...]
Terrorist funding, humantrafficking, narcotrafficking are just several examples of financial crime that has drastically spiked during the COVID19 pandemic. Bad actors are no longer referring to traditional crime tactics, as the world slowly converts to digital [...]
ThetaRay, a leading provider of AI-based Big Data analytics, has signed an agreement under which Banco Santander will employ ThetaRay’s anti-money laundering (AML) solution for correspondent banking. The system will analyze SWIFT traffic, risk indicators and Know Your Customer (KYC) data to [...]