ThetaRay received the award for its efforts in helping a major Asian financial institution combat financial crime. ThetaRay’s AML software solution significantly increased the bank’s operational efficiency, reducing false alerts by 35% and increasing the accuracy rate of identifying suspicious transactions by more than 4x.
“We are humbled to be honored by such a prestigious group for our efforts in fighting financial crime, and proud to be recognized for our innovative approach to combating money laundering,” said Mark Gazit, CEO of ThetaRay. “We are happy to serve the leading Asian and global banks, and this award truly belongs to them. We look forward to continuing our work helping financial…
