Novatti Group’s Evangelia Pefkou is leading the frontier for the payment company’s growing portfolio of global financial services that are continuously adding innovative ways to serve customers.
As general manager of Risk, Legal & Compliance, Pefkou is responsible for deflecting risks to the business, as Australia-based Novatti launches services in new jurisdictions, including those considered high risk.
Novatti is in business to make payments fast, simple, and secure, enabling businesses to pay and be paid, from any device, anywhere.
When the company went from revenues of $500,000 to $2 billion, managing risk manually was no longer sustainable. Turning to Artificial Intelligence, Novatti Group selected and implemented ThetaRay’s transaction monitoring solution, SONAR, providing it the confidence of a safety net to catch financial crime.
“What ThetaRay did for us was actually provide us a holistic approach to transaction monitoring and the treatment of risk factors,” Pefkou says. The system points “directly to money laundering, terrorism, financing, and another array of risks that are posed to our business,” she says.
“Ever since we partnered with ThetaRay, we have added 16 more jurisdictions to our arsenal,” she says. “It gave us much greater confidence, to enter into markets that we considered high risk, but partnering with the right expertise, we understood that the risk was not, higher.”
In this video, Novatti Group explains why it chose ThetaRay to monitor payments on its global platform. …...more
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