Tagged: transaction monitoring

ThetaRay, the AI-powered Transaction Monitoring Solution Provider, Partners with Knox Wire

ThetaRay, the provider of AI-powered transaction monitoring and sanction screening solutions, is proud to announce a partnership with Knox Wire. A key player focused on cross-border payments, Knox Wire plans “to implement ThetaRay’s anti-money laundering (AML) transaction monitoring and sanction screening across its bank-to-bank communication… Read More

Fenergo Report: Investment Banks Address “Intensified” Regulatory Reform, Struggle to Match Compliance Staffing for KYC Reviews

US investment banks have less budget and workforce to devote to fighting financial crime and adhere to changing regulation, according to the 2023 KYC Banking Trends Report by Fenergo, the provider of digital solutions for Know Your Customer (KYC), Transaction Monitoring and Client Lifecycle Management… Read More

Regtech Fenergo Examines Risks in US Fintech Payments Following FedNow Launch

Fenergo, the provider of digital solutions for Know Your Customer (KYC), Transaction Monitoring and Client Lifecycle Management (CLM), released its study of emerging risks in the fintech payments sector since the launch of FedNow. Surveying high-level risk and compliance officers “across fintech payment companies, including… Read More

OurCrowd backed ThetaRay Partners with Central America’s Remittance Services Provider AirPak

AirPak, which claims to be a leader in remittance services across Central America, is proud to announce its partnership with ThetaRay, a key player focused on AI-powered transaction monitoring solutions. ThetaRay is an OurCrowd portfolio company that has raised over $23 million on the investment… Read More

Dublin Regtech Fenergo’s CLM Deployed by Generali Investments Holding to Strength Financial Crime Controls

Fenergo, the provider of digital solutions for Know Your Customer (KYC), Transaction Monitoring and Client Lifecycle Management (CLM), announced that Generali Investments Holding – holding company of Generali Investments’ ecosystem of asset management firms, with more than €504bn in assets under management (AUM) – is… Read More

Regtech, Artificial Intelligence: Bank of Valletta Adopts Resistant AI’s AML Product to Tackle Financial Crime

Resistant AI, the AI and machine learning financial crime prevention specialists, today announces that Bank of Valletta, the largest bank in Malta, is to adopt its Transaction Forensics product for anti-money laundering (AML). It will “enable the bank to prevent and detect transactions that are… Read More

ThetaRay, an AI-powered Transaction Monitoring Tech Provider, Reports Significant Revenue Growth in 2022

ThetaRay, a provider of AI-powered transaction monitoring technology for banks and fintech, today announced 260% revenue growth in 2022, and the appointment of Eran Fishov as VP of Customer Success, Enterprise, “to accelerate market momentum.” Fishov joins the company in order “to lead relationships with… Read More

Regtech Fenergo Strengthens Exec Team with Key Hires to Support Business Expansion

Fenergo, the provider of digital solutions for Know Your Customer (KYC), Transaction Monitoring and Client Lifecycle Management (CLM), announced the appointment of three key C-suite executives who “will play a pivotal role in helping to drive the company’s global expansion and SaaS strategy.” Stephanie White… Read More

Regtech Sumsub Shares Transaction Monitoring Guidelines to Help Firms Combat Fraud, Remain Compliant

Sumsub, a global tech company that provides customizable KYC, KYB and AML solutions for the whole user journey, published its Complete Guide to Transaction Monitoring “to provide a detailed picture of transaction monitoring as an integral part of the verification system.” The guide was “prepared… Read More

Finance Incorporated Limited Launches ThetaRay AI Transaction Monitoring Solution

Finance Incorporated Limited, a gateway provider of electronic money services, announced today it has selected ThetaRay AI-powered transaction monitoring technology to further “strengthen its AML framework and grow business alongside increasing volumes of transaction data.” The agreement with ThetaRay “to implement the SaaS-based SONAR AI… Read More

Real-Time Payments Platform, Pidgin, Partners with Effectiv to Mitigate Transaction Fraud

Pidgin, a secure, real-time payments platform built for the future of payments, has partnered with Effectiv, a fraud-fighting and compliance automation platform “to help financial institutions monitor transactions to detect and prevent payments fraud in real time.” Through the partnership, financial institutions using Pidgin’s faster… Read More

France-based Lyra Group, Napier to Scale Transaction Monitoring

In the constantly evolving world of payment solutions, transaction volumes are “growing exponentially.” Scaling securely and compliantly is “key,” according to an update from Napier. Lyra Group, the €79 million turnover European and unified payment solutions provider processing over twenty billion transactions worldwide annually, has… Read More

Icelandic Neobank indó Selects Lucinity for Financial Crime Prevention

indó, an Icelandic mobile first advanced neo-bank, has selected Lucinity as its AML compliance software, including its Transaction Monitoring and Case Manager solutions. Established in 2018, indó claims it is “the first neobank to operate in Iceland.” It was created “to restore faith in the… Read More

Artificial Intelligence: ThetaRay, Piie Focused on AI Tech for Insurance Payments

ThetaRay, a provider of AI-powered transaction monitoring technology, and Piie, Inc., an insurtech providing an intelligent payment engine, announced a collaboration in order “to implement an advanced AML solution for insurance claim payments.” Through the agreement, Piie (Payments Intelligent Integration Engine) will “integrate ThetaRay’s AI-driven… Read More

Sentinels Transaction Monitoring Platform Creates Effective Response to Financial Crime Across Europe

Sentinels, a Fenergo company and Europe’s intelligent transaction monitoring and client risk management specialist, announces the launch of its new platform solution for transaction monitoring. The SaaS platform is designed “to help financial institutions detect and eliminate financial criminality with greater speed and accuracy than… Read More

Fintech Firm Divilo Selects ThetaRay AI Solution to Monitor Payments for Financial Crime

Divilo, a Spain-based fintech providing B2B financial services, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, announced they will “collaborate to protect Divilo’s growing services against money laundering, sanctions violations, and other financial crimes.” Through the agreement, ThetaRay will “provide Divilo its SONAR… Read More

Danske Bank Fined €1.82M, Reprimanded by Central Bank of Ireland for Transaction Monitoring Failures

On 13 September 2022, the Central Bank of Ireland reprimanded and fined Danske Bank A/S, trading in Ireland as Danske Bank, €1,820,000 pursuant to its Administrative Sanctions Procedure “for three breaches of the Criminal Justice (Money Laundering & Terrorist Financing) Act 2010, as amended (the… Read More

ACI Worldwide, IR Partnership Provides Insights via Real-Time Enterprise Transaction Monitoring

ACI Worldwide (NASDAQ: ACIW), which claims to be the global leader in mission-critical, real-time payments software, announced that IR (ASX:IRI), a global provider of performance management and analytics for payment ecosystems, has extended its partnership with ACI “to include enriched end-to-end enterprise transaction monitoring.” Part… Read More

Sygno, Provider of Automated Machine Learning Monitoring Models, Enters ING Labs Program

Sygno, the provider of Automated Machine Learning (AutoML) transaction monitoring models, has reportedly joined the recent cohort of scale-ups that will enter the ING Labs 2022 Program. During the 2022 program, Sygno will aim to bring its tech stack into ING’s transaction monitoring environment and… Read More

OurCrowd backed ThetaRay Appoints Peter Reynolds as CRO

ThetaRay, a provider of AI-enhanced transaction monitoring tech to protect banking institutions and Fintech platforms against financial crimes, recently revealed that it has solidified its international revenue operations with the appointment of Peter Reynolds as the firm’s Chief Revenue Officer. ThetaRay is an OurCrowd portfolio… Read More

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