AirPak, a Central American remittance service provider, has partnered with ThetaRay, an AI-driven transaction monitoring company, to enhance its Anti-Money Laundering (AML) program, vital for bolstering trust in global remittances.
By employing ThetaRay’s AI-powered transaction monitoring solution, SONAR, AirPak will deploy AI for more efficient compliance management, improved customer service, and trusted cross-border transactions.
ThetaRay’s SONAR empowers banks and fintechs to grow revenue through reliable cross-border payments, elevate customer satisfaction, reduce compliance costs, and enhance risk coverage.
For financial organizations with complex ecosystems, ThetaRay’s solution stands out with its low false positives and high detection rates.
AirPak will further fortify its commitment to financial oversight and risk mitigation by implementing ThetaRay’s Customer Due Diligence (CDD) module, ensuring regulatory compliance in customer onboarding and maintenance.
, an independent military force, and allied militias in Sudan raped several dozen women and girls in West Darfur’s capital, El Geneina, and those fleeing to Chad between late April and late June 2023, Human Rights Watch said today. The assailants appear to have targeted people because of their Massalit ethnicity and, in some cases, because they were known activists.){kind=link}