Israel’s ThetaRay snaps up Screena to enhance financial crime detection
Screena’s solution enhances customer onboarding by verifying entities against various sanctioned party lists.
Screena’s solution enhances customer onboarding by verifying entities against various sanctioned party lists.
With the fresh investment, ThetaRay plans on expediting its international expansion “across continents”.
ThetaRay currently engages around one billion end users and monitors over 15 billion transactions per year.
Sonar will help protect the growing business against sanctions violations and other types of financial crime.
ThetaRay’s Sonar will help Noda stay up to date with shifting compliance regulations.
Through the partnership, ThetaRay will provide Tudi its Sonar transaction monitoring solution.
Now Money provides mobile banking services to the financially underserved, including low-fee cross-border remittances.
ClearBank will utilise ThetaRay’s tech for AML monitoring, providing flexibility as it scales.
ThetaRay says its Sonar solution helps to “effectively identify truly suspicious cases”.
Arca is the first Nigerian fintech to utilise ThetaRay’s Sonar solution.
Payoneer explains why it chose ThetaRay to monitor payments on its global platform for financial crime.
Apollo Fintech will deploy Sonar on its new bank-to-bank payments service Knox Wire.
Mashreq Bank is Israel-based ThetaRay’s first customer in the UAE.
Cybersecurity firm has big ambitions for changing the cross-border sector.
The roll out of ThetaRay’s solution across Santander began in Q4 2019.
The financial details of the deal have not been disclosed.
Investment takes company’s total equity capital to more than $60 million.
Five-year project to improve bank’s AML and CTF capabilities.
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Israel-based specialist vendor ThetaRay has implemented its Advanced Analytics Solution at ING Netherlands for fraud detection. The vendor says that combining its tech with ING’s standing risk engine will enable the bank to detect new instances of SME lending fraud hidden within massive amounts of transactional and organisational data – in real-time and with industry-low false […]