8.3 C
New York
Saturday, July 11, 2020
ECS Fin-Transaction Processing & Automation

Broadridge: Financial Services Firms Accelerating Technology Transformation

Broadridge: Financial Services Firms Accelerating Technology Transformation Broadridge a $4 billion global Fintech leader a leading provider of investor communications and technology-driven solutions to...

Latest Posts

Rivian: Raises $2.5B as it pushes to bring its electric RT1 pickup

Rivian: Raises $2.5B as it pushes to bring its electric RT1 pickup New investors Soros Fund Management LLC, Coatue, Fidelity Management and Research Company...

Accrualify: Partners With Visa For New Corporate Card

Accrualify: Partners With Visa For New Corporate Card Accrualify, which works in cloud-based solutions for mid- and enterprise-level companies, is launching a new corporate...

Ardent Financial: Selects Steeleye

Ardent Financial: Selects Steeleye Ardent Financial a global securities dealer that trades bonds and reorganised equities in credit markets across Europe SteelEye a RegTech...

Ingenico: Accompanies Swedish Fit for secure online payment of sports classes

Ingenico: Accompanies Swedish Fit for secure online payment of sports classes Ingenico Group is shaping the future of payments for sustainable and inclusive growth ...

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

Latest Posts

Rivian: Raises $2.5B as it pushes to bring its electric RT1 pickup

Rivian: Raises $2.5B as it pushes to bring its electric RT1 pickup New investors Soros Fund Management LLC, Coatue, Fidelity Management and Research Company...

Accrualify: Partners With Visa For New Corporate Card

Accrualify: Partners With Visa For New Corporate Card Accrualify, which works in cloud-based solutions for mid- and enterprise-level companies, is launching a new corporate...

Ardent Financial: Selects Steeleye

Ardent Financial: Selects Steeleye Ardent Financial a global securities dealer that trades bonds and reorganised equities in credit markets across Europe SteelEye a RegTech...

Ingenico: Accompanies Swedish Fit for secure online payment of sports classes

Ingenico: Accompanies Swedish Fit for secure online payment of sports classes Ingenico Group is shaping the future of payments for sustainable and inclusive growth ...

Trending Stories

Rivian: Raises $2.5B as it pushes to bring its electric RT1 pickup

Rivian: Raises $2.5B as it pushes to bring its electric RT1 pickup New investors Soros Fund Management LLC, Coatue, Fidelity Management and Research Company...

Accrualify: Partners With Visa For New Corporate Card

Accrualify: Partners With Visa For New Corporate Card Accrualify, which works in cloud-based solutions for mid- and enterprise-level companies, is launching a new corporate...

Ardent Financial: Selects Steeleye

Ardent Financial: Selects Steeleye Ardent Financial a global securities dealer that trades bonds and reorganised equities in credit markets across Europe SteelEye a RegTech...

Ingenico: Accompanies Swedish Fit for secure online payment of sports classes

Ingenico: Accompanies Swedish Fit for secure online payment of sports classes Ingenico Group is shaping the future of payments for sustainable and inclusive growth ...

Leumi UK: Appoints Sidharth Mishra as Head of Client Operations and Services

Leumi UK: Appoints Sidharth Mishra as Head of Client Operations and Services Leumi (UK) a UK-regulated bank offering a wide range of corporate and...

Stay in touch

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

X
X
X
X