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ECS Fin-Transaction Processing & Automation

Finantix: Partnership with Capita Consulting

Finantix: Partnership with Capita Consulting Capita consulting, digital services and software business, delivering innovative solutions and simplifying the connections between businesses Finantix the leading global...

Latest Posts

Kairos Minerals: Receives firm commitments for $9M placement

Kairos Minerals (KAI) has received firm commitments to undertake a $9 million share placement The funds will raised via the issue of 180...

TMX Group: Announces Agreement to Acquire AST Trust Company (Canada)

TMX Group operates global markets, and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses Announced it...

Astro Resources: Completes field mapping at Needles

Mineral resource company Astro Resources (ARO) has completed its field mapping at its Needles Property in Nevada, U.S. The mapping is just one...

Arrow Minerals: Completes RC drilling in Burkina Faso

Arrow Minerals (AMD) has completed a reverse circulation (RC) drilling program at the Dassa gold discovery in Burkina Faso Nine holes contained shallow...

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

Latest Posts

Kairos Minerals: Receives firm commitments for $9M placement

Kairos Minerals (KAI) has received firm commitments to undertake a $9 million share placement The funds will raised via the issue of 180...

TMX Group: Announces Agreement to Acquire AST Trust Company (Canada)

TMX Group operates global markets, and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses Announced it...

Astro Resources: Completes field mapping at Needles

Mineral resource company Astro Resources (ARO) has completed its field mapping at its Needles Property in Nevada, U.S. The mapping is just one...

Arrow Minerals: Completes RC drilling in Burkina Faso

Arrow Minerals (AMD) has completed a reverse circulation (RC) drilling program at the Dassa gold discovery in Burkina Faso Nine holes contained shallow...

Trending Stories

Kairos Minerals: Receives firm commitments for $9M placement

Kairos Minerals (KAI) has received firm commitments to undertake a $9 million share placement The funds will raised via the issue of 180...

TMX Group: Announces Agreement to Acquire AST Trust Company (Canada)

TMX Group operates global markets, and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses Announced it...

Astro Resources: Completes field mapping at Needles

Mineral resource company Astro Resources (ARO) has completed its field mapping at its Needles Property in Nevada, U.S. The mapping is just one...

Arrow Minerals: Completes RC drilling in Burkina Faso

Arrow Minerals (AMD) has completed a reverse circulation (RC) drilling program at the Dassa gold discovery in Burkina Faso Nine holes contained shallow...

Nori: Raises $4M in Funding

Nori, a Seattle, WA-based startup developing a marketplace for carbon removals, closed a $4M funding round The round was led by Placeholder, a...

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