Machine Learning

ThetaRay Wins Abu Dhabi “The Search: Israel” Competition

Will Represent Israel in Global Competition to Identify the World’s Leading FinTech and Cyber Startups

ThetaRay, whose solutions enable the acceleration of cross-border interbank transfers while protecting financial institutions from financial crimes, today announced that it has won Abu Dhabi’s “The Search: Israel” competition. The company will now compete against businesses from around the world in The Global Fintech Search competition. Winners will be announced at FinTech Abu Dhabi, the world’s largest FinTech event, taking place November 22-24 at Abu Dhabi’s ADGM Financial Trade Center.

“The Search: Israel” was held as part of the FinTech and Cyber Forum at ADGM. The special forum was chaired by senior members of the UAE financial organizations and included members of Bank Hapoalim management and the Israeli Export Institute. The forum’s agenda included formal greetings, professional panels in various fields, and the presentation of the candidacy of seven Israeli companies for the contest: Personetics, Nayax, Blender, TenureX, CRiskCo, Neema and ThetaRay.

“Winning this competition reinforces the value ThetaRay brings to bankers and financial companies that need a trusted solution to enable them to handle cross-border transactions reliably and securely,” said Mark Gazit, CEO of ThetaRay. “Our innovative solution helps financial organizations increase their business opportunities, reduce costs, and meet stringent regulatory requirements, all while focusing on their core business.” 

For more such updates and perspectives around Digital Innovation, IoT, Data Infrastructure, AI & Cybersecurity, go to AI-Techpark.com.

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