ThetaRay has been named World’s Best Software Provider for AML and Sanctions Screening at the 2026 Euromoney Transaction Banking Awards . The company is the market leader in AI-native financial crime compliance infrastructure. This year it was the number one position for its AML and sanctions screening software. Euromoney’s editorial and research team evaluated the entries and praised ThetaRay’s technology, proven performance, and progress across transaction banking.
This award follows another strong result for the company. Chartis Research recently ranked ThetaRay #8 globally in its 2026 Financial Crime and Compliance50 (FCC50) report. Moreover, Chartis named ThetaRay a Category Winner for Explainable AI. Together, these honors strengthen ThetaRay’s position as foundational compliance infrastructure for global institutions.
“Our customers operate on the front lines against illicit networks exploiting the speed and scale of modern payment rails, which means defensive technology must meet and outpace them in real time,” said Brad Levy, CEO of ThetaRay. “Being recognized by Euromoney alongside our top-tier ranking by Chartis confirms our role as essential compliance AI infrastructure that meets the highest global regulatory standards.”
Luis Pinedo, Chief Strategic Customers Officer at ThetaRay, also shared his view on the industry shift. “As financial crime risks become increasingly complex and interconnected, banks need to move beyond fragmented compliance solutions and towards a more integrated, intelligence-driven approach,” said Pinedo. “ThetaRay delivers the transparent AI financial institutions need to catch real crime embedded into an effective control framework without disrupting the customer experience.”
How the ThetaRay Platform Fights Financial Crime
ThetaRay utilizes its platform as part of its intelligent infrastructure layer, which is based as part of the banking architecture. Thereby, banks do not need to go through the cumbersome rip-and-replace procedures. The solution employs sophisticated patented machine learning algorithms and agentic AI and brings to the banks three main.
Comprehensive Risk Monitoring: The platform continuously monitors transactions, screens for violations, and verifies customers’ identities. It provides management of significant amounts of transactions and operations in different countries. Additionally, independent co-agent systems assist in triaging cases and auditing ongoing operations.
Transparent AI Technology: Users can understand how the algorithms are performing their operations on the platform. Compliance experts and regulatory authorities are informed of any unusual events happening during investigations.
Smooth Integration: The platform is already being used successfully by tier-one banks, payment processors and FinTechs. Success stories: Americas, EMEA, Asia Pacific.
A Breakthrough Year for ThetaRay
The company has been getting closer to becoming a leader in the industry since 2026, which was marked by remarkable events. In January 2026 Brad Levy became a CEO and under his leadership ThetaRay introduced Ray, the platform for delicate investigations.
Furthermore, these honors cap a standout year of industry recognition. ThetaRay earned selection for CNBC’s World’s Top FinTech Companies. It won Silver in the 2026 Datos Insights Fraud & AML Impact Awards. It also took Best RegTech Solution at Finovate. Finally, the company appears on both the FinCrimeTech50 and the Harrington Starr Influence List.
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News Source: Businesswire.com
