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Israel's ThetaRay mulls listing as cash pours into tech sector - Vimarsana News

Israel's ThetaRay mulls listing as cash pours into tech sector

2 Min Read DUBAI (Reuters) - Israeli cyber security firm ThetaRay is considering a potential stock market listing, encouraged by investors who have poured money into the technology sector over the past year, its chief executive said on Wednesday. While Mark Gazit said the company was focused on expanding in the United Arab Emirates and surrounding Gulf region, recent tech valuations had made a listing appealing. “We see the market is booming. Valuations are going (through) the roof. I don’t know how sustainable it is so it is a question of time,” he said at a Dubai hotel. Tech valuation...

How Iran's central bank currency system is manipulated to fund regional proxy wars - Vimarsana News

How Iran's central bank currency system is manipulated to fund regional proxy wars

Correspondent Trey Yingst has the latest from Jerusalem on 'Special Report' While subjected to years of sanctions and a "maximum pressure" campaign inflicted by the Trump administration, reports indicate that the Iranian regime and its military wing – the Iranian Revolutionary Guard Corps (IRGC) – may have found a crack in their financing system giving them access to millions in funds. Since March, Tehran has managed to acquire some $15 billion worth of foreign currencies; the money is then inflated and sold by the Central Bank of Iran (CBI), its governor Abdolnaser Hemmati recently s...

ThetaRay chosen by Spanish bank | Planet Biometrics News - Vimarsana News

ThetaRay chosen by Spanish bank | Planet Biometrics News

22 December 2020 14:17 GMT ThetaRay, a leading provider of AI-based Big Data analytics, today announced that its Anti-Money Laundering (AML) for Correspondent Banking solution has been chosen by Spanish wholesale bank Cecabank. The AI-based technology will enable Cecabank to analyze SWIFT traffic, risk indicators and client/payer/payee data to detect anomalies indicating money laundering or terrorism financing schemes in correspondent banking transactions. ThetaRay's solution is the first and only AI-based technology that detects criminal schemes across complex, cross-border transaction paths...

Tech.co's Predictions for the Future of Tech in 2021 - Vimarsana News

Tech.co's Predictions for the Future of Tech in 2021

December 21st 2020 10:32 am Science fiction novels and films have long predicted 2021 – some, better than others. We have to admit that Alfonso Cuarón's 2006 adaptation of P.D. James' novel Children of Men got a lot more right than the one other masterpiece set in 2021, the 1995 Keanu Reeves thriller Johnny Mnemonic, which posited that Keanu Reeves' brain had the storage capacity of a mid-range iPhone. But, thanks to the hundreds of tech experts that we've polled for the most likely trends of 2021, we can deliver a huge...

Source: tech.co
ThetaRay's Correspondent Banking AML Solution to Enable Cecabank to Safely Connect Small/Medium-sized Banks to the Global Financial System - Vimarsana News

ThetaRay's Correspondent Banking AML Solution to Enable Cecabank to Safely Connect Small/Medium-sized Banks to the Global Financial System

Share: NEW YORK, Dec. 17, 2020 /PRNewswire/ -- ThetaRay, a leading provider of AI-based Big Data analytics, today announced that its Anti-Money Laundering (AML) for Correspondent Banking solution has been chosen by Spanish wholesale bank Cecabank. The AI-based technology will enable Cecabank to analyze SWIFT traffic, risk indicators and client/payer/payee data to detect anomalies indicating money laundering or terrorism financing schemes in correspondent banking transactions. ThetaRay's solution is the first and only AI-based technology that detects criminal schemes across complex, cross-bord...