ThetaRay, an Israeli provider of AI-powered transaction monitoring technology, has joined the Microsoft Cloud Solution Provider (CSP) program, making its Sonar solution available on the Microsoft Azure Marketplace. Sonar is a SaaS transaction monitoring solution powered by unbiased AI, designed to help banks and fintechs expand their business opportunities and increase revenues through cross-border payments. The solution improves customer satisfaction, reduces compliance costs, and enhances risk coverage.
Facts
- ThetaRay has become a Microsoft Cloud Solution Provider (CSP), allowing its Sonar solution to be offered on the Microsoft Azure Marketplace.
- Sonar is a Software-as-a-Service (SaaS) transaction monitoring solution that uses unbiased AI and “artificial intelligence intuition” to facilitate cross-border payments and growth in the financial sector.
- ThetaRay’s customers can now leverage the Azure cloud platform to optimize the deployment and management of the Sonar solution.
- ThetaRay’s technology currently serves around one billion end users and monitors over 15 billion transactions annually.
- More than 50 banks and fintech companies, including VigiPay, Noda, and Tudi, have already implemented ThetaRay’s solution.
- The Sonar solution claims to enhance customer satisfaction, reduce compliance costs, and increase risk coverage for financial institutions.
