Articles from ThetaRay

ThetaRay, a global leader in Cognitive AI financial crime compliance, today announced that Kaufman Rossin has completed an independent validation of its AML Transaction Monitoring and OFAC Screening Modules. Finalized in August 2025, the review confirms that ThetaRay’s AI models demonstrate the governance, transparency, and robustness regulators increasingly expect from AI-driven compliance systems. The announcement will be featured at Money20/20 USA, where the future of finance and compliance technology takes center stage.

ThetaRay, a global leader in Cognitive AI financial crime compliance, today released its U.S. Banking & Fintech Trust Report 2025, offering new insights into consumer attitudes toward anti-money laundering (AML) practices. The report reveals that 84% of consumers would switch banks if linked to financial crime, and 87% would actively warn family and friends against using that institution.

ThetaRay, a leading provider of Cognitive AI financial crime compliance technology, today announced the launch of its Self-Service Rule Builder and Simulator, two powerful tools enhancing its transaction monitoring solution, enabling compliance teams to create, test, and optimize anti-money laundering (AML) rules faster, with full autonomy and control.

ThetaRay, a global leader in Cognitive AI financial crime compliance, today announced a landmark partnership with I&M Group PLC, a leading Regional Financial Services Group in Africa. The partnership will see the deployment of ThetaRay’s advanced AML (Anti-Money Laundering) platform across I&M Group’s operations in Kenya, Tanzania, Rwanda, Uganda, and Mauritius.

ThetaRay, a global leader in Cognitive AI financial crime compliance solutions, today announced the appointment of three distinguished financial industry leaders to its Advisory Board: Dame Alison Rose, Ilan Kaufthal, and Marshall Lux. Their combined expertise in banking, risk management, and strategic growth will help guide ThetaRay's mission to safeguard the global financial system with cutting-edge cognitive AI technology.

ThetaRay, a global leader in Cognitive AI financial crime compliance, and Spayce, a cross-border payments platform, today announced a strategic partnership to combat evolving financial threats and enhance global payment security. The collaboration will be officially unveiled at Money 20/20.

ThetaRay, a global leader in Cognitive AI financial crime compliance, today announced the appointment of Brian Gilman as Chief Marketing Officer (CMO). Gilman will lead ThetaRay’s global marketing strategy, driving brand growth, market expansion, and the continued promotion of its pioneering Cognitive AI solutions. Based in ThetaRay’s New York office, he will play a pivotal role in advancing ThetaRay’s commitment to the U.S. market and increasing global awareness of its transformative AI-driven approach to combating financial crime.

ThetaRay, a global leader in Cognitive AI Financial Crime Compliance solutions, today unveiled a groundbreaking industry report on Cognitive AI, a transformative technology that is redefining financial crime compliance. This report, part of a comprehensive series delving into advanced risk detection methodologies, explores the core principles of Cognitive AI and underscores ThetaRay’s pioneering role in this emerging field.

ThetaRay, a global leader in Cognitive AI Financial Crime Compliance and IDB Bank, a New York-based private and commercial bank, have announced a strategic partnership. The collaboration underscores the Bank’s dedication to maintaining the highest standards of regulatory compliance and financial integrity, while providing an efficient and secure service to its clients.

ThetaRay, a global leader in AI-driven financial crime detection and AML solutions, is thrilled to announce the receipt of four prestigious awards, cementing its position as a trailblazer in the fintech and compliance sectors. These accolades underscore a transformative year of growth, innovation, and industry recognition for the company.

ThetaRay, a leading provider of AI-powered financial crime detection technology, today announced the deployment of its new GenAI Financial Crime Detection Suite, made possible through a collaboration with Microsoft. By integrating Microsoft Azure OpenAI Service, ThetaRay is poised to further transform the landscape of financial crime detection, enhancing risk assessment, operational efficiency, and reporting in anti-money laundering (AML) practices.

ThetaRay, the leader in next-generation AI-powered secure global payments with offices in New York, Madrid, London, Dubai and Tel Aviv, announced today a significant growth round led by Portage, with investments by existing investors JVP, OurCrowd and others. The investment, totaling $57 Million, will enable ThetaRay to accelerate global growth plans and capitalize on significant market demand as Banks and FinTechs urgently look to replace legacy tools with next-generation financial crime detection technology.

ThetaRay, a leading provider of AI-powered transaction monitoring technology, announced today that it has joined the Microsoft Cloud Solution Provider program with its SONAR solution now available at the Microsoft Azure Marketplace. To date, more than 50 banks and fintechs around the world implement ThetaRay’s solution, hosted on Microsoft Azure. Among those that have adopted the technology are some of the world’s leading banks including Santander, Mashreq Bank, Travelex Bank and ClearBank as well as many fintechs around the world.

ThetaRay, a leading provider of AI-powered transaction monitoring technology and Millennium EBS, a global leader in payment hub solutions, announced today a strategic partnership to provide an end-to-end, user-friendly and advanced compliance solution for the payments in the banking industry.

Sylq, the French e-payments leader, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced a new collaboration to implement high-performance AI transaction monitoring and automated customer screening to support company growth.

ThetaRay, a leading 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.

VigiPay, a Nigerian fintech providing digital payment services, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced they will collaborate to protect VigiPay’s growing business against money laundering, sanctions violations, and other financial crime risks.

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.

Zone (formerly Appzone), Africa’s first regulated layer-1 blockchain network for payments, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced they will collaborate to implement ThetaRay’s cloud-based SONAR solution to monitor and screen Zone’s transactions in Nigeria for illicit activities and sanctions violations.

ThetaRay, a provider of AI-powered transaction monitoring technology enabling banks and fintechs trusted global payments, today announced it is experiencing heightened demand for its sophisticated SONAR SaaS AI solution that can help maintain smooth and uninterrupted cross-border money transfers amid the latest banking crisis.

Noda, an open banking fintech, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced they will collaborate to enhance payment monitoring and compliance capabilities on Noda’s growing platform that is supporting the new digital economy in Europe.

ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced that Tudi, enabling a digital financial community through its mobile app, has chosen ThetaRay’s cloud-based AML solution to monitor its transactions in Mexico for financial crime.

ThetaRay, a leading provider of AI-powered transaction monitoring technology, and Piie, Inc., an insurtech providing an intelligent payment engine, today announced a collaboration to implement an advanced AML solution for insurance claim payments.

Divilo, a Spain-based fintech providing B2B financial services, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced they will collaborate to protect Divilo’s growing services against money laundering, sanctions violations, and other financial crimes.

NOW Money, the GCC’s first mobile banking solution focused on financial inclusion, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced a collaboration to implement ThetaRay’s cloud-based AML solution to monitor cross-border payments and support in the prevention of financial crimes and money laundering on the fintech’s payments platform.

ThetaRay, a leading provider of AI-powered transaction monitoring technology, announced today that Ontop, a fintech platform shaping the future of work, has selected ThetaRay’s advanced SONAR anti-money laundering (AML) solution to monitor and detect both known and unknown financial crime threats.

ClearBank, the largest next-generation clearing and embedded banking platform in the UK, and ThetaRay, provider of AI-powered transaction monitoring technology, today announced they will collaborate in cloud-native anti-money laundering (AML) monitoring to protect ClearBank against financial crime with ThetaRay’s robust and industry-leading AI solution.

ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced that Zeepay, a fast-growing Ghanian mobile financial services company, has selected ThetaRay’s advanced SONAR SaaS anti-money laundering solution to detect financial crime for its remittance transactions.

ThetaRay, a leading fintech providing AI-powered transaction monitoring technology, today announced that its AML solution continues on an industry awards sweep with the win of the Compliance Solution of the Year in the Americas, underscoring global recognition for the advanced AI technology.

MFS Africa, the largest digital payments hub in Africa, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced they will collaborate to protect MFS Africa’s growing network of services against financial crimes.

ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced the release of a new software version on its flagship SONAR advanced SaaS anti-money laundering (AML) platform. The update includes major capability upgrades for fintechs and banks to detect and prevent financial crime through faster investigations and the discovery of new typologies in an increasingly complex financial world.

ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced that ARCA, a premier African payment services provider, will implement ThetaRay’s advanced SONAR SaaS anti-money laundering (AML) and sanctions list screening solution for transactions on its open AI-based platform.

ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced that Travelex Bank, Brazil’s largest foreign exchange specialist, will implement ThetaRay’s SONAR anti-money laundering (AML) SaaS solution for both domestic and international transaction monitoring, as well as real-time sanctions screening for its international payments.