Ronald Coifman

ThetaRay's New SONAR Solution Unleashes $25 Trillion Cross-Border Payments Sector by Eliminating Money Laundering Risk

Retrieved on:

Monday, May 24, 2021

Cross-border payments are crucial transactions that connect local economies throughout the world to the global financial system.

Key Points:

Cross-border payments are crucial transactions that connect local economies throughout the world to the global financial system.
SONAR is designed to instill certainty and eliminate risks in cross-border payments, and to protect banks, fintech companies and private companies that conduct payment transfers.
Using machine learning algorithms developed by renowned mathematics professors Amir Averbuch and Ronald Coifman, SONAR protects users against attempts to abuse their money transfer platforms for sophisticated money laundering schemes.
ThetaRay's solution increases detection capabilities for both supervised and unsupervised data, and includes profiling and advanced analytics assessments, all in one platform.

Retrieved on:

Monday, May 24, 2021

Cross-border payments are crucial transactions that connect local economies throughout the world to the global financial system.

Key Points:

Cross-border payments are crucial transactions that connect local economies throughout the world to the global financial system.
SONAR is designed to instill certainty and eliminate risks in cross-border payments, and to protect banks, fintech companies and private companies that conduct payment transfers.
Using machine learning algorithms developed by renowned mathematics professors Amir Averbuch and Ronald Coifman, SONAR protects users against attempts to abuse their money transfer platforms for sophisticated money laundering schemes.
ThetaRay's solution increases detection capabilities for both supervised and unsupervised data, and includes profiling and advanced analytics assessments, all in one platform.