TangoPay Partners with ThetaRay

TangoPay, a leading global payment solutions provider, announced its partnership with ThetaRay, a leading provider of advanced analytics solutions. This collaboration aims to revolutionize the way financial institutions detect and prevent suspicious activities in real-time.

Enhancing Anti-Money Laundering (AML) Capabilities

The partnership between TangoPay and ThetaRay brings together TangoPay’s robust payment processing platform and ThetaRay’s cutting-edge AI-powered advanced analytics solution. By combining their individual strengths, they intend to improve anti-money laundering capabilities, reduce financial fraud, and enhance operational efficiency for banks and other financial institutions.

Real-Time Detection and Prevention

ThetaRay’s advanced analytics and artificial intelligence algorithms excel in detecting suspicious activities by analyzing massive volumes of data in real-time. TangoPay’s payment platform, on the other hand, handles billions of financial transactions securely and efficiently every day.

With this partnership, TangoPay can leverage ThetaRay’s advanced analytics platform to enhance its fraud detection mechanisms, providing customers with an added layer of security and peace of mind. Financial institutions utilizing TangoPay will benefit from real-time detection and prevention of fraudulent activities, enabling them to nip potential threats in the bud before any monetary loss occurs.

Benefits for Financial Institutions

Financial institutions partnering with TangoPay and ThetaRay can expect several key benefits:

• Enhanced Fraud Detection: ThetaRay’s advanced analytics capabilities significantly improve fraud detection rates and accuracy, minimizing false positives, and reducing investigation costs.
• Real-Time Monitoring: The integrated solution empowers financial institutions to monitor transactions in real-time, helping them stay one step ahead of cybercriminals.
• Reduced Operational Costs: By automating and streamlining fraud detection processes, TangoPay and ThetaRay enable financial institutions to save time, money, and resources.
• Regulatory Compliance: The partnership ensures that financial institutions remain compliant with anti-money laundering regulations and other regulatory frameworks.

Conclusion

TangoPay’s partnership with ThetaRay is set to revolutionize the way financial institutions combat financial crimes. By integrating ThetaRay’s advanced analytics into TangoPay’s payment processing platform, financial institutions will have access to unparalleled fraud detection and prevention capabilities. This collaboration marks a significant step towards creating a safer and more secure financial landscape for both businesses and consumers.