8.3 C
New York
Saturday, April 4, 2020

Envirosuite: Receives $2.5M water monitoring contract in China

Envirosuite: Receives $2.5M water monitoring contract in China Environmental technology company Envirosuite (EVS) has won another water management contract in China The $2.5M contract...

Latest Posts

InvestSuite: Raises €2 million

InvestSuite: Wealthtech firm, announced a seed extension funding round worth €2 million The funding bringing InvestSuite's total funding to date up to €6 million ...

Tully: Helps distribute COVID-19 payment relief

Tully: Helps distribute COVID-19 payment relief Tully, the UK-based financial management app operated by open banking provider OpenWrks It launched a new initiative to...

SCB: Partners Azimo for money transfers from Europe

Siam Commercial Bank(SCB): Partners Azimo for money transfers from Europe Thailand’s Siam Commercial Bank (SCB) has signed a partnership agreement with money transfers firm...

Phantom AI: Raises $22M in Series A Funding

Phantom AI: Raises $22M in Series A Funding Phantom AI, a Burlingame, Calif.-based developer of a vehicle-agnostic autonomous driving platform, raised $22m in Series...

Cathay Bank partnered with QuantaVerse

Cathay Bank partnered with QuantaVerse to reduce costly manual financial crime investigations by using QuantaVerse’s anti-money laundering (AML) platform 

  • Cathay Bank is a Sino-American bank based in Los Angeles, California founded in 1962
  • QuantaVerse is the emerging leader in data science-powered risk reduction solutions, purpose-built for identifying financial crimes
  • The aim of the deployment of these systems is to improve the bank’s AML compliance programme and investigations
  • These platform comprise
    • QuantaVerse Pre-TMS Entity Resolution & Risk Scoring, to reduce transaction monitoring system (TMS) false positive alerts
    • Alert Investigator automates investigations when an alert generates in TMS
    • QuantaVerse False Negative Identification and Investigator, which examines transactions for risks missed by a TMS
    • QuantaVerse Third Party Risk Management for insights into the variances in correspondent bank account activity
  • The Alert Investigator and False Negative Identification and Investigator solutions provide QuantaVerse Financial Crime Reports (FCR) that automate alert investigations
  • It also includes the supporting documentation necessary for the case to be analysed by an AML investigator and for creating a suspicious activity report if indicated

Sponsored

Pleo: Offers new customers free services until July amid coronavirus

Pleo: Offers new customers free services until July amid coronavirus

0
Pleo: Danish fintech, offers new customers free services until July amid coronavirus Pleo is offering new customers free services until 1 July to assist...

Latest Posts

InvestSuite: Raises €2 million

InvestSuite: Wealthtech firm, announced a seed extension funding round worth €2 million The funding bringing InvestSuite's total funding to date up to €6 million ...

Tully: Helps distribute COVID-19 payment relief

Tully: Helps distribute COVID-19 payment relief Tully, the UK-based financial management app operated by open banking provider OpenWrks It launched a new initiative to...

SCB: Partners Azimo for money transfers from Europe

Siam Commercial Bank(SCB): Partners Azimo for money transfers from Europe Thailand’s Siam Commercial Bank (SCB) has signed a partnership agreement with money transfers firm...

Phantom AI: Raises $22M in Series A Funding

Phantom AI: Raises $22M in Series A Funding Phantom AI, a Burlingame, Calif.-based developer of a vehicle-agnostic autonomous driving platform, raised $22m in Series...

Don't Miss

InvestSuite: Raises €2 million

InvestSuite: Wealthtech firm, announced a seed extension funding round worth €2 million The funding bringing InvestSuite's total funding to date up to €6 million ...

Tully: Helps distribute COVID-19 payment relief

Tully: Helps distribute COVID-19 payment relief Tully, the UK-based financial management app operated by open banking provider OpenWrks It launched a new initiative to...

SCB: Partners Azimo for money transfers from Europe

Siam Commercial Bank(SCB): Partners Azimo for money transfers from Europe Thailand’s Siam Commercial Bank (SCB) has signed a partnership agreement with money transfers firm...

Phantom AI: Raises $22M in Series A Funding

Phantom AI: Raises $22M in Series A Funding Phantom AI, a Burlingame, Calif.-based developer of a vehicle-agnostic autonomous driving platform, raised $22m in Series...

UniCredit & Italian Trade Unions: Sign agreement related to Team 23 strategic plan

UniCredit & Italian Trade Unions: Sign agreement related to Team 23 strategic plan Agreement confirming the Group's commitment to socially responsible labour relations with...

Stay in touch

To be updated with all the latest news, offers and special announcements.

X
X
X
X