Search Results for: transaction monitoring system

Zone Adopts ThetaRay AI Solution to Monitor and Screen Payments in Nigeria
Artificial Intelligence Digital Payments News

Zone Adopts ThetaRay AI Solution to Monitor and Screen Payments in Nigeria

Business Wire
by Business Wire0
Blockchain-powered Nigerian fintech to integrate ThetaRay’s SONAR AI-powered technology to increase growth opportunities with a trusted service Zone (formerly Appzone), Africa’s first regulated layer-1 blockchain network for payments, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, announced they will collaborate to implement ThetaRay’s cloud-based SONAR solution to monitor and screen......
CSI and Hawk AI Partner To Release AI-Driven Solutions for Fraud and Anti-Money Laundering
Artificial Intelligence Digital Payments News

CSI and Hawk AI Partner To Release AI-Driven Solutions for Fraud and Anti-Money Laundering

Business Wire
by Business Wire0
Powered by an AI/ML-backed system, global regtech leader adds WatchDOG® Fraud and WatchDOG® AML to advanced suite of products to combat financial crimes CSI, a leading provider of end-to-end fintech and regtech solutions, announced it has partnered with Hawk AI, a leading global provider of anti-money laundering (AML) and fraud......
B2B Commerce Fintech News Technology

Liminal Wallet Infrastructure & Custody Solutions Releases Significant Platform Improvements To Help Web3 Companies Satisfy PMLA Requirements

Fintech Staff Writer
by Fintech Staff Writer0
Liminal, a leading wallet infrastructure & custody solutions platform, launched its latest platform update to help web3 businesses in India comply with the Prevention of Money Laundering Act, 2002 (PMLA). Indian PMLA guidelines took effect on March 10, 2023. These guidelines require businesses to follow the Travel Rule, Transaction Monitoring,......
Uncovering Central Bank Digital Currencies (CBDCs)
Banking Currency Exchange Featured Fintech Primers

Uncovering Central Bank Digital Currencies (CBDCs)

Pooja Choudhary
by Pooja Choudhary0
Roughly 90 percent of the world’s central banks are pursuing central bank digital currency (CBDC) projects. A few including those in the U.S. and South Africa, are in the exploratory phase; others are development projects (the European Union) and pilots (China). In some locations, including Nigeria and the Bahamas, solutions......
Impact Of Machine Learning
Artificial Intelligence Featured Fintech Primers Machine Learning Technology

Impact Of Machine Learning

Pooja Choudhary
by Pooja Choudhary0
Massive amounts of vital data are produced when legacy systems are digitally transformed. These data are subjected to machine learning analysis to find hidden trends and patterns. So that you don’t miss out on cutting-edge innovations that advance data processing, we provide you with data-driven innovation insights based on the......
Influence Of Nine Emerging Blockchain Technologies
Blockchain Featured Fintech Primers Markets

Influence Of Nine Emerging Blockchain Technologies

Pooja Choudhary
by Pooja Choudhary0
A blockchain is an excellent tool for both businesses and customers to democratize services and ensure data security and privacy. Furthermore, blockchain development is spreading across industries as a consequence of the increasing demand for cryptocurrencies and Web3 interoperability. The top 9 blockchain developments and trends for 2023 are highlighted......
NICE Actimize Launches Real-Time Money Mule Defense Solution to Detect Illicit Activity Throughout the Entire Customer Lifecycle
Digital Payments News

NICE Actimize Launches Real-Time Money Mule Defense Solution to Detect Illicit Activity Throughout the Entire Customer Lifecycle

Business Wire
by Business Wire0
Using advanced AI, the solution employs a multi-model execution strategy that utilizes a diverse set of models, techniques, and algorithms to identify and prevent fraud Traditional payments monitoring systems often do not detect money mules’ movements as they secure illicit funds from financial institutions. To address this problem, NICE Actimize, a NICE business,......
8 Leading Central Banks
Banking Featured Fintech Primers

8 Leading Central Banks

Pooja Choudhary
by Pooja Choudhary0
A Central Bank: What Is It? A central bank is a public institution that is into the currency management of a particular country or group of countries in which it functions and controls the money supply present in that country – to be specific, the amount of money in physical......
Top AI Startups Impacting 10 Industries
Analytics Artificial Intelligence Featured Fintech Primers

Top AI Startups Impacting 10 Industries

Pooja Choudhary
by Pooja Choudhary0
Through the application of pattern recognition, artificial intelligence (AI) enhances industrial operations and automates back-office duties. Businesses can do this to save time and use resources more effectively. For this reason, businesses incorporate artificial intelligence (AI) and AI-based data processing techniques like machine learning and natural language processing (NLP) into......
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