ABN Amro's Digital Impact Fund has taken an undisclosed stake in Israeli Big Data analytics firm Thetaray.
Financial crime threat detection outfit ThetaRay has completed a Series B fund-raising round of over $30 million.
ABN Amro has signed up for machine learning technology from ThetaRay to help it tackle money laundering and terrorist financing risks.
On any one typical work day, an OCBC Bank anti-money laundering (AML) compliance analyst would log into the bank’s transaction monitoring system and find up to hundreds of potentially suspicious transactions he or she had to review.
ThetaRay, a leading provider of big data analytics solutions, today announced the appointment of Benjamin Wyrick to Senior Vice President of Sales, Americas. Wyrick has 20 years of experience in financial services sales, business development and marketing.
ThetaRay, a leading provider of big data analytics solutions, today announced that it has signed an agreement with ING Netherlands and implemented its Advanced Analytics Solution for fraud detection.
ThetaRay, a leading provider of big data analytics solutions for advanced cyber security, financial risk detection and operational efficiencies, today unveiled a new credit risk detection model for online lending banks.
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