ThetaRay and Matrix USA have recently made an announcement regarding a strategic partnership. To improve global AML compliance with the help of a new turn-key AI overlay. This partnership enables financial institutions to upgrade their legacy rules engines without having to replace the entire system. As a result, banks can now use machine learning capabilities to better identify sophisticated financial crimes. This new system is being introduced at a time when stricter oversight standards are set. To be implemented in 2026 by regulators in the U.S. and Europe.
“Banks want to modernize, but many operate mission-critical AML programs that were built over decades,” said Lior Blik, CEO of Matrix USA. “This partnership gives them a practical path forward: enhance their current systems with AI, adopt better analytics, and meet regulatory expectations without rebuilding their entire stack.”
“As global AML standards evolve, institutions need partners who understand both the legacy landscape and the new AI-powered future,” said Idan Keret, Chief Revenue Officer at Matrix USA. “ThetaRay’s AI combined with Matrix’s delivery expertise allows banks to strengthen detection, reduce investigation workload, and move forward with confidence without throwing away their original investments.”
AI Overlay Targets Efficiency and Detection Accuracy
The platform leverages “Ray,” an agentic AI investigation suite, to automate complex data collection and pattern analysis. Moreover, the integration enables compliance teams to decrease false positives by as much as 90% in certain settings. This enables investigators to concentrate on high-risk threats instead of manual documentation work. Solving the Last-Mile Problem for Global Banking Matrix USA brings over two decades. Of experience in integrating complex financial crime systems for global banks. Coupled with ThetaRay’s cognitive AI, they offer a low-disruption approach to achieve a “2026-ready” regulatory stance. In particular, the overlay works in tandem with current controls to introduce a layer of behavioral intelligence & automated narrative storytelling. Ultimately, this innovation ensures that financial institutions can grow their business safely while keeping global regulators on their side.
“Every conversation we’re having with banks right now comes back to the same issue: they don’t have time for another multi-year AML transformation. What they need is speed, certainty, and proof that AI can deliver results inside the systems they already run. This partnership is built around that commercial reality,” said Jeff Otten, Chief Revenue Officer at ThetaRay.
“AML is entering its next phase. The question is no longer whether AI belongs in financial crime compliance, but how responsibly and effectively it’s deployed at scale. Partnerships like this are what turn innovation into infrastructure,” said Brad Levy, CEO of ThetaRay.
Explore Finance Tech News for the latest innovations in financial technologies and expert insights shaping the future of digital finance!
News Source: Businesswire.com
