Latest news with #ChartisFinancialCrimeandCompliance50
Bahrain News Gazette
20-03-2025
- Business
- Bahrain News Gazette
Quantexa Secures Top Ten Spot in Chartis' 2025 Financial Crime and Compliance 50 Rankings
Quantexa lands category leader positions in Entity Management, Data Enrichment, and Augmented Analytics LONDON, March 20, 2025 (GLOBE NEWSWIRE) — Quantexa , a global leader in Decision Intelligence (DI) solutions for the public and private sectors, has been recognized as one of the top 10 vendors in the prestigious Chartis Financial Crime and Compliance 50 (FCC50) report . Securing 7th place overall, Quantexa continues to solidify its position as a key player in the growing Financial Crime and Compliance market segment. Quantexa's AI-powered solutions also received category leadership awards for data enrichment, entity management augmented analytics, as well as receiving an award for vertical and segment excellence in Capital Markets. This recognition comes at an important time for Quantexa, as the company continues to build momentum off the recently completed a $175 million Series F investment round, valuing the British tech company at a total valuation of $2.6 billion. In recent weeks, Quantexa made two major announcements further extending the innovation and capabilities they are offering to tier 1, mid-size, and community banks with: Q Assist : A context-aware generative AI solution suite designed to democratize access to trusted data, augment decision-making, and provide real-time insights to front-line teams, which will be available for Early Access in April 2025. and Quantexa Cloud : A comprehensive suite of native SaaS industry solutions, launching with Quantexa Cloud AML on Microsoft Azure , now available for Customer Preview . This innovative solution, developed in close collaboration with community and mid-size banks in the US, streamlines and modernizes anti-money laundering workflows for faster time to value and strengthened compliance. Quantexa's rapid growth underscores the demand for its DI Platform, helping enterprises and government agencies scale AI and data initiatives with greater speed and success. Clients select Quantexa's Decision Intelligence platform to ensure they can build a unified and trusted data foundation to operationalize AI-enabled decisioning for better outcomes across their KYC, AML, fraud, and customer intelligence efforts. This year's Chartis report evaluates the top 50 vendors in financial crime and compliance technology, focusing on their ability to innovate in areas like fraud detection, sanctions screening, and KYC compliance. Chartis assess the top vendors regarding their general market influence, technological innovation, breath of clients, USP, and functionality. Quantexa's high rankings in both core technology and innovation further highlight the company's industry-leading approach to tackling financial crime. These strengths are built on its ability to provide financial institutions with critical contextual intelligence, enabling them to stay ahead of emerging threats in an increasingly complex regulatory environment. Alexon Bell, Chief Product Officer (FinCrime) at Quantexa, said: 'We are incredibly proud to once again be recognized as a leader in the financial crime and compliance technology space by Chartis. At Quantexa, we are committed to helping our banking customers break down data and organizational silos to deploy trusted AI from the back to the front office to better understand customer behaviors, mitigate financial crime risk, and fight fraud with efficiency and effectiveness.' Commenting on the report, Nick Vitchev, Research Director at Chartis, said : ' Quantexa's continued recognition in the Chartis Financial Crime and Compliance 50 ranking reflects its strong leadership in the financial crime risk management landscape. Its leading position in key areas such as data enrichment, entity management, and augmented analytics demonstrates a commitment to innovation and delivering high-value solutions to financial institutions. With financial crime threats becoming increasingly sophisticated, Quantexa's ability to unify data and enhance contextual decision-making is a significant differentiator in the market. ' To find out more about Quantexa's banking industry solutions, please visit: About Quantexa Quantexa is a global AI, data and analytics software company pioneering Decision Intelligence to empower organizations to make trusted operational decisions with data in context. Using the latest advancements in AI, Quantexa's Decision Intelligence platform helps organizations uncover hidden risk and new opportunities by unifying siloed data and turning it into the most trusted, reusable resource. It solves major challenges across data management, customer intelligence, KYC, financial crime, risk, fraud, and security, throughout the customer lifecycle. The Quantexa Decision Intelligence Platform enhances operational performance with over 90% more accuracy and 60 times faster analytical model resolution than traditional approaches. An independently commissioned Forrester TEI study on Quantexa's Decision Intelligence Platform found that customers saw a three-year 228% ROI. Founded in 2016, Quantexa now has over 800 employees and thousands of platform users working with billions of transactions and data points across the world. For more information visit or follow us on LinkedIn . Media Inquiries C: Stephanie Crisp, Director and Growth Tech Lead, Fight or Flight E: [email protected] C: Adam Jaffe, SVP of Corporate Marketing T: +1 609 502 6889 E: [email protected] – or – [email protected] GlobeNewswire Distribution ID 1001054834
Tahawul Tech
11-03-2025
- Business
- Tahawul Tech
Top 50 Companies Archives
Mozn becomes the only organisation from the region to be recognised in the Chartis Financial Crime and Compliance 50 (FCC50) report for its commitment to empowering financial institutions with AI-driven fraud prevention and AML compliance solutions.
Tahawul Tech
11-03-2025
- Business
- Tahawul Tech
Financial Crime and Compliance Archives
Mozn becomes the only organisation from the region to be recognised in the Chartis Financial Crime and Compliance 50 (FCC50) report for its commitment to empowering financial institutions with AI-driven fraud prevention and AML compliance solutions.
Tahawul Tech
11-03-2025
- Business
- Tahawul Tech
Mozn ranked among the world's top 50 companies in financial crime and compliance
Mozn, a regional leader in enterprise AI technologies, announced its recognition in the esteemed Chartis Financial Crime and Compliance 50 (FCC50) ranking for 2025 amongst an elite group of global leaders driving innovation in financial crime technology, including anti-money laundering (AML), fraud detection, sanctions screening, and KYC compliance. Chartis' FCC50 report, a top research publication in risk and financial crime technology with a renowned advisory board, evaluates the top 50 vendors in financial crime technology, focusing on their ability to innovate in areas like anti-money laundering (AML), fraud detection, sanctions screening, and KYC compliance. This comprehensive assessment highlights market influence, technological innovation, and strategic vision, offering a thorough understanding of how these leaders are shaping the future of financial crime prevention. Mozn's flagship AI-powered fraud prevention and AML compliance platform, FOCAL, secured a place among the world's top financial crime and compliance technologies, highlighting its advanced capabilities in risk detection, regulatory adherence, and AI-driven intelligence. The ranking underscores Mozn's position as a regional trailblazer, bridging global best practices with regional expertise to combat financial crime. 'Being recognised in the FCC50 report by Chartis is a resounding validation of our bold vision to redefine financial crime prevention', said Malik Alyousef, Co-founder and COO, Mozn. 'With FOCAL, we've developed one of the region's first AI-driven, locally built solutions that leverages global expertise to tackle unique fraud and compliance challenges. Our breakthrough technology sets new standards in compliance and risk management, empowering clients with state-of-the-art fraud prevention and compliance solutions to combat financial crime with unmatched efficiency'. Nick Vitchev, Research Director at Chartis said: 'FOCAL by Mozn is now one of the most talked about vendors in the space, a fact reflected in its appearance as a newcomer in the FCC50. Its strong and flexible platform enables firms to address several use cases in a highly streamlined way, while its expertise, presence, and advanced solutions in the MENA region position it to benefit not only from a rapidly growing market, but also from global expansion.' Mozn's FOCAL suite provides an end-to-end fraud prevention and AML compliance solution, enabling businesses to prevent fraud, streamline regulatory compliance processes, and meet regulatory requirements. By combining AI-driven insights with deep regional intelligence, Mozn is redefining financial crime prevention for institutions operating in the Middle East and high-growth markets. In addition to the FCC50 recognition, Mozn received further honors from Chartis in 2024, further solidifying its reputation as a leader in risk and compliance technology. The company was named a Category Leader for KYC solutions by Chartis Research. This underscores Mozn's commitment to delivering pioneering technology that transforms risk management and compliance. For more information about Mozn's financial crime prevention solutions, visit Mozn | مزن Image Credit: Mozn
Zawya
11-03-2025
- Business
- Zawya
Mozn ranked among the world's top 50 companies in financial crime and compliance
Mozn becomes the only organization from the region to be recognized in the Chartis Financial Crime and Compliance 50 (FCC50) report for its commitment to empowering financial institutions with AI-driven fraud prevention and AML compliance solutions Dubai, UAE: Mozn, a regional leader in enterprise AI technologies, announced its recognition in the esteemed Chartis Financial Crime and Compliance 50 (FCC50) ranking for 2025 amongst an elite group of global leaders driving innovation in financial crime technology, including anti-money laundering (AML), fraud detection, sanctions screening, and KYC compliance. Chartis' FCC50 report, a top research publication in risk and financial crime technology with a renowned advisory board, evaluates the top 50 vendors in financial crime technology, focusing on their ability to innovate in areas like anti-money laundering (AML), fraud detection, sanctions screening, and KYC compliance. This comprehensive assessment highlights market influence, technological innovation, and strategic vision, offering a thorough understanding of how these leaders are shaping the future of financial crime prevention. Mozn's flagship AI-powered fraud prevention and AML compliance platform, FOCAL, secured a place among the world's top financial crime and compliance technologies, highlighting its advanced capabilities in risk detection, regulatory adherence, and AI-driven intelligence. The ranking underscores Mozn's position as a regional trailblazer, bridging global best practices with regional expertise to combat financial crime. 'Being recognized in the FCC50 report by Chartis is a resounding validation of our bold vision to redefine financial crime prevention,' said Malik Alyousef, Co-founder and COO, Mozn. 'With FOCAL, we've developed one of the region's first AI-driven, locally built solutions that leverages global expertise to tackle unique fraud and compliance challenges. Our breakthrough technology sets new standards in compliance and risk management, empowering clients with state-of-the-art fraud prevention and compliance solutions to combat financial crime with unmatched efficiency.' Nick Vitchev, Research Director at Chartis said: 'FOCAL by Mozn is now one of the most talked about vendors in the space, a fact reflected in its appearance as a newcomer in the FCC50. Its strong and flexible platform enables firms to address several use cases in a highly streamlined way, while its expertise, presence, and advanced solutions in the MENA region position it to benefit not only from a rapidly growing market, but also from global expansion.' Mozn's FOCAL suite provides an end-to-end fraud prevention and AML compliance solution, enabling businesses to prevent fraud, streamline regulatory compliance processes, and meet regulatory requirements. By combining AI-driven insights with deep regional intelligence, Mozn is redefining financial crime prevention for institutions operating in the Middle East and high-growth markets. In addition to the FCC50 recognition, Mozn received further honors from Chartis in 2024, further solidifying its reputation as a leader in risk and compliance technology. The company was named a Category Leader for KYC solutions by Chartis Research. This underscores Mozn's commitment to delivering pioneering technology that transforms risk management and compliance. For more information about Mozn's financial crime prevention solutions, visit Mozn | مزن About Mozn: Mozn is a Saudi technology company committed to advancing digital humanity through the harnessing of artificial intelligence to build enterprise AI-powered products – FOCAL, the end-to-end Risk and Compliance platform and OSOS, the leading Arabic Gen AI platform – along with tailored AI solutions designed to meet the unique needs of enterprises across various sectors. Mozn maintains a significant presence, with offices in the Kingdom of Saudi Arabia (KSA) and the United Arab Emirates (UAE) that house over 300 dedicated professionals. Mozn is at the forefront of technological innovation, striving to redefine the limits of what is possible in the digital age.
