Global leader recognized for AI innovation in harmonized transaction monitoring, sanctions screening, customer risk scoring and agentic investigations.
NEW YORK--(BUSINESS WIRE)--#AI--ThetaRay, a leading provider of Cognitive AI financial crime compliance, today announced it has been named “RegTech Platform of the Year” in the 10th annual FinTech Breakthrough Awards. This prestigious recognition underscores ThetaRay’s role in architecting a transparent global financial safety net through explainable AI that ensures adherence to the world’s most stringent regulatory standards.
As global regulators across the U.S., EU and Africa demand more sophisticated, traceable and proactive monitoring, ThetaRay’s Cognitive AI is becoming the industry standard. It optimizes automated detection to resolution workflows, identifying nuanced suspicious activity across customers and transactions by applying a combination of unsupervised and semi-supervised, without relying on predefined rules or labeled historical cases.
The “RegTech Platform of the Year” distinction highlights ThetaRay’s ability to process vast volumes of data while maintaining the “human-in-the-loop” control required by the EU AI Act. The end-to-end platform harmonizes transaction monitoring, sanctions screening, perpetual customer risk scoring and recently, agentic investigations.
A diverse ecosystem of financial institutions, from tier-one banks to global fintechs, relies on ThetaRay’s AI and insights to uncover fraud and money laundering networks across card payments, third-party transfers, and merchant monitoring.
“ThetaRay is redefining the ‘plumbing’ of global finance,” said Steve Johansson, Managing Director at FinTech Breakthrough. “While many talk about AI, ThetaRay has built a battle-tested detection engine that uncovers illicit finance at network scale. Their ability to merge deep-learning detection with visual analytics empowers professionals with precision and speed while preserving human judgment at the core of AML decisions. Congratulations to the entire ThetaRay team on winning ‘RegTech Platform of the Year!’ for 2026.”
“We are honored to receive this recognition, which validates our mission to lead the global fight against financial crime while ensuring the financial system is transparent and inclusive,” said Brad Levy, CEO of ThetaRay. “Our Cognitive AI infrastructure is built for the complexities of 2026, where risk moves at the speed of borderless, instant payments. By delivering precision detection and agentic investigation insights, we’re ensuring that compliance is no longer a bottleneck, but a competitive advantage for growth.”
The FinTech Breakthrough Awards is the premier awards program founded to recognize the FinTech innovators, leaders and visionaries from around the world in a wide range of categories, including Digital Banking, Personal Finance, Cryptocurrencies, Lending, Payments, Investments, RegTech, InsurTech and more. The 2026 program represents a milestone year, reflecting a decade of spotlighting the companies driving measurable innovation across the global financial technology ecosystem.
About ThetaRay
ThetaRay harnesses the power of Cognitive AI for financial crime compliance, enabling financial institutions to precisely identify legitimate customers while flagging bad actors. The solutions overcome the limitations of traditional rule-based systems by shortening long implementation lifecycles, enabling efficient, risk-aware compliance operations. By transforming compliance from a regulatory obligation into a driver of growth, ThetaRay allows institutions to scale faster and expand confidently into new markets. By uncovering hidden criminal networks and delivering actionable insights, ThetaRay empowers organizations to combat evolving threats, maintain positive regulator relationships, and enhance customer experiences. Implemented at some of the world’s leading financial institutions including Santander, Clear Bank, Mashreq Bank, Payoneer, Onafriq and Travelex, ThetaRay helps financial institutions thrive, fostering trust and confidence across the global financial ecosystem. For more information, visit www.thetaray.com.
About FinTech Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for technology innovation and leadership around the globe, the FinTech Breakthrough Awards program is devoted to honoring breakthrough innovation in Financial Technologies and Services companies and products. The FinTech Breakthrough Awards provide public recognition for the standout achievements of FinTech companies and products in categories that include Payments, Personal Finance, Cryptocurrency, Wealth Management, Fraud Protection, Banking, Lending, RegTech, InsurTech and more. For more information visit FinTechBreakthrough.com.
Tech Breakthrough LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose.
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