ThetaRay a Finalist at Finovate for Most Impactful AI-Based Solution

AI is everywhere. But impact? That’s harder to prove.

That’s why we’re proud that ThetaRay was named a finalist for Most Impactful AI-Based Solution at the Finovate Awards. This recognition puts us in the company of some of the most innovative AI-driven organizations shaping the future of finance and compliance.

Among Industry Innovators

The finalist list was diverse: Feedzai, Talkdesk, Uplinq Financial Technologies, Westpac, and WorkFusion. Each one shows how AI can be applied to radically different challenges, from customer service to lending, compliance, and financial crime.

We’re especially encouraged to see a global bank like Westpac recognized. It proves that innovation doesn’t just stay in labs or behind closed-door strategy meetings. It gets deployed at scale to protect millions of customers and strengthen the financial system.

For us, standing alongside technology peers and a major financial institution validates that what we’re building with Cognitive AI for financial crime detection and customer risk assessment truly matters.

Our Edge: Risk that Protects Integrity

Some finalists, like Uplinq, focus on creditworthiness, answering the question: “Should we extend this loan?” That’s important for enabling growth and financial inclusion.

ThetaRay’s lens is different. Our customer risk assessment answers: “Is this customer safe to do business with?” In other words, it’s not just about whether money will come back. It’s about whether money should move in the first place.

That distinction is critical. Because when illicit flows are stopped, the financial system itself is protected, enabling legitimate growth everywhere.

Why This Recognition Matters

We don’t measure success in trophies. We measure it in dirty money intercepted, false alerts reduced, and banks gaining confidence to expand into new markets without fear of fueling crime.

But recognition still matters because it signals impact. In sports, you don’t always take the gold. But if you’ve made the Olympic podium, you’re already among the best in the world. Industry shortlists work the same way. Being a finalist for Most Impactful AI-Based Solution puts ThetaRay on that podium, alongside some of the strongest players in fintech and compliance.

And consistency makes the podium even more meaningful:
Less than two months ago, ThetaRay was named one of the Top 10 Fintechs Leveraging AI by Fintech Magazine. Last month we were recognized as category leaders in the latest Chartis vendor landscape for Watchlist and Adverse Media Monitoring Solutions 2025. In another Finovate category, both ThetaRay and our partners at Hummingbird were finalists for Best RegTech Solution. 

Together, these recognitions show trust and momentum is being built across media, analysts and industry peers. Impact is what endures.

Unlike awards, impact is not a milestone. It’s a moving target.
This recognition fuels our drive to keep improving, keep learning, and keep working alongside our customers and partners to ensure a safer, more open financial ecosystem.

We’re humbled to be part of this community and bold in our belief that Cognitive AI will remain the most impactful tool in fighting financial crime.