ThetaRay & Kaufman Rossin Reveal AI AML Model Validation at Money20/20

ByRicardo

Independent overview affirms ThetaRay’s transaction monitoring and sanctions screening modules meet rising U.S. and EU regulatory expectations.

ThetaRay, a worldwide chief in Cognitive AI monetary crime compliance, right now introduced that Kaufman Rossinhas accomplished an unbiased validation of its AML Transaction Monitoring and OFAC Screening Modules. Finalized in August 2025, the overview confirms that ThetaRay’s AI fashions exhibit the governance, transparency, and robustness regulators more and more count on from AI-driven compliance techniques. The announcement will probably be featured at Money20/20 USA, the place the way forward for finance and compliance know-how takes heart stage.

A well timed milestone in a shifting regulatory panorama

In the United States, regulators are sharpening their deal with mannequin threat administration. FinCEN’s proposed modernization of the Bank Secrecy Act emphasizes dynamic, risk-based compliance packages and heightened oversight of third-party fashions. In the European Union, the newly enacted AI Act units out strict necessities for high-risk AI purposes, together with monetary companies, protecting transparency, human oversight, and lifecycle monitoring. Against this backdrop, unbiased validation of AI fashions for sanctions screening, transaction monitoring, and KYC is quickly turning into an business necessity.

What this implies for monetary establishments

  • Audit-ready assurance: Banks and fintechs can level to unbiased validation of their know-how vendor’s AI mannequin when participating with regulators and auditors.
  • Accelerated adoption: Third-party validation helps compliance and threat committees approve AI options sooner, slicing procurement timelines.
  • Regulatory alignment: Assurance that AI techniques for transaction monitoring, sanctions, and KYC meet rising expectations below U.S. supervisory steering and the EU AI Act requirements.
  • Future-proof confidence: Customers can deploy AI understanding it’s examined towards mannequin threat requirements and designed to evolve with new laws and typologies.

Executive Commentary

“Responsible deployment of AI means proving that our techniques aren’t solely progressive, however independently validated and reliable,” mentioned Jeff Otten, Chief Revenue Officer of ThetaRay. “That assurance is what regulators demand, auditors count on, and clients deserve.”

“Our overview confirmed that ThetaRay’s AML and OFAC modules meet rigorous expectations for accuracy, transparency, and governance,” mentioned Jason Chorlins, Financial Services Practice Leader at Kaufman Rossin. “This kind of validation is more and more important as regulators demand accountability and oversight in the usage of AI for monetary crime compliance.”

ThetaRay plans to increase third-party validation to extra modules, refresh validation cycles commonly, and develop assurance frameworks into new jurisdictions, making certain its AI platform stays aligned with evolving world requirements.

The submit ThetaRay & Kaufman Rossin Reveal AI AML Model Validation at Money20/20 first appeared on AI-Tech Park.

Similar Posts