Thetaray

Every year, over $2 trillion in illicit funds flows through the global financial system, funding everything from drug trafficking to terrorism. Traditional rule-based compliance systems have failed to keep pace - generating false positives that overwhelm analysts while missing sophisticated criminal networks. ThetaRay exists to change that.

ThetaRay transforms financial crime compliance for banks, fintechs, payment service providers, and other financial institutions by leveraging the power of Cognitive AI. The company's solutions use advanced machine learning to analyze transaction patterns and detect anomalies that rules-based systems miss. Rather than relying on static thresholds, ThetaRay's technology understands normal behavior for each customer and identifies subtle deviations that may indicate money laundering, fraud, or other financial crimes.

The company's flagship product, SONAR, applies unsupervised machine learning to build comprehensive risk profiles and flag previously unknown suspicious activities. ThetaRay's AI can detect networks of mule accounts, multi-layering schemes, and undisclosed correspondent banking activity - threats that increasingly slip past legacy systems. Financial institutions using ThetaRay report dramatic reductions in false positives, faster alert resolution, and the ability to confidently onboard legitimate customers while blocking criminal actors.

Founded in 2013 and headquartered in Hod HaSharon, Israel with offices in New York, London, Madrid, and Dubai, ThetaRay serves leading banks and fintechs worldwide. The company's mission is to create a safer financial ecosystem by identifying legitimate players while making it impossible for criminals to hide - enabling financial institutions to grow with confidence and trust.