Bank, Money laundering, Anti-money laundering software, Know your customer, Due diligence, Machine learning

Banco Santander picks ThetaRay AML tech for correspondent banking

On Jun 3, 2020
@FintechBot shared
Banco Santander picks ThetaRay AML tech for correspondent banking https://t.co/QH2bV6wLew by @Finextra
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ThetaRay, a leading provider of AI-based Big Data analytics, has signed an agreement under which Banco Santander will employ ThetaRay’s anti-money laundering (AML) solution for correspondent banking.

www.finextra.com
On Jun 3, 2020
@FintechBot shared
Banco Santander picks ThetaRay AML tech for correspondent banking https://t.co/QH2bV6wLew by @Finextra
Open

Banco Santander picks ThetaRay AML tech for correspondent banking

Banco Santander picks ThetaRay AML tech for correspondent banking

ThetaRay, a leading provider of AI-based Big Data analytics, has signed an agreement under which Banco Santander will employ ThetaRay’s anti-money laundering (AML) solution for ...

Santander deploys ThetaRay’s AML solution for correspondent banking

Santander deploys ThetaRay’s AML solution for correspondent banking

The roll out of ThetaRay’s solution across Santander began in Q4 2019.

Banco Santander earmarks EUR20 billion for digital spend

Banco Santander earmarks EUR20 billion for digital spend

Banco Santander is to spend EUR20 billion on digital technology over the next four years as part of an efficiency effort aimed at wiping EUR1.2 billion in annual costs from its balance ...

AML: Past, Present and Future – Part II

AML: Past, Present and Future – Part II

AML, anti-money laundering, BSA, KYC, Transaction monitoring, Machine Learning, Compliance, Financial Services, big data, FinServ

Alloy and Socure Partner to Automate Digital Identity Verification and Onboarding for Financial Institutions

Alloy and Socure Partner to Automate Digital Identity Verification and Onboarding for Financial Institutions

Joint Alloy-Socure solution enables Radius Bank to achieve real-time decisioning and onboarding for new online account openings.

Spotlight on the Remarkable Potential of AI in KYC (Know Your Customer)

Spotlight on the Remarkable Potential of AI in KYC (Know Your Customer)

The regulators are increasingly concentrating on ensuring that banks have robust and effective controls in place for customer due diligence (CDD). Lapses in money laundering and CDD ...

Brighterion CEO: 2018 Was The Year Of Artificial Intelligence

Brighterion CEO: 2018 Was The Year Of Artificial Intelligence

Dr. Akli Adjaoute, CEO of Brighterion, wrote this AI-focused piece as part of our 2018 year-end eBook.  On Dec. 3, 2018, the U.S. Treasury’s FinCEN and Federal Banking agencies issued a ...

Is regulators' green light on AML tech a game changer?

Is regulators' green light on AML tech a game changer?

Bank and credit union regulators issued a statement giving institutions the go-ahead to try artificial intelligence and other emerging tech to detect money laundering. It's just what some ...

ABN Amro investigation lends weight to anti-money laundering collaboration by Dutch banks

ABN Amro investigation lends weight to anti-money laundering collaboration by Dutch banks

Dutch authorities are investigating Dutch bank ABN Amro for possible failures to monitor and report potential money laundering activity.

AML Compliance For Everyone: A RegTech Webstore that enables FinTech’s Financial Inclusion

AML Compliance For Everyone: A RegTech Webstore that enables FinTech’s Financial Inclusion

The IdentityMind RegTech Webstore offers anti-money laundering (AML) capabilities accessible to every FinTech and Financial Institution…

Santander’s Openbank Goes All-In on AWS

Santander’s Openbank Goes All-In on AWS

Santander Group's 100 percent digital bank now powered by the world’s leading cloud SEATTLE --(BUSINESS WIRE)--Nov. 28, 2018-- Today, Amazon Web Services, Inc. (AWS), an Amazon.com company ...

Enriching Data And Analytics To Strengthen Bank Compliance

Enriching Data And Analytics To Strengthen Bank Compliance

Banks face a lack of readily available, high-quality data for use in AML decisions. To effectively spot the most suspicious transactions, data should be drawn from a combination of internal ...