Remittances are an essential way to bring money into low-income countries and unbanked communities, but they are all-too-frequently used as a conduit for financial crime. By nature, money transfer and remittance are high-risk businesses. Therefore, to ensure that financial crime is detected, [...]
CMO Vered Gottesman asks CPO Dagan Osovlansky about ThetaRay’s new CRA product Vered: ThetaRay just launched CRA – Customer Risk Assessment. What differentiates ThetaRay’s CRA from existing customer due diligence products on the market? Dagan: Customer due diligence (CDD) requires a [...]
Top Five Things Organizations Can Do to Modernize Their Approach to Addressing Financial Crime By Vered Gottesman, ThetaRay [...]
As we delve into 2024, it's crucial to reflect on the significant AML penalties of the past year. 2023 witnessed some of the largest fines in the industry, signaling a vital wake-up call for financial [...]
In the world of business, we're bound to encounter our fair share of shady dealings. Picture this: your customer is ordering, but their delivery address doesn’t match the address on their card. Red flag, isn’t it? Or, your loyal customer, Joe, is suddenly going all out with a massive order. [...]
In today's ever-evolving landscape of financial crime, the integration of AI capabilities has become not just an option but a necessity. This strategic alliance between artificial intelligence and human analysts has the potential to revolutionize the way we approach financial crime investigation [...]