ThetaRay, a leading provider of Cognitive AI financial crime compliance, today announced it has been named “RegTech Platform of the Year” in the 10th annual FinTech Breakthrough Awards. This prestigious recognition underscores ThetaRay’s role in architecting a transparent global financial safety net through explainable AI that ensures adherence to the world’s most stringent regulatory standards.
As global regulators across the U.S., EU and Africa demand more sophisticated, traceable and proactive monitoring, ThetaRay’s Cognitive AI is becoming the industry standard. It optimizes automated detection to resolution workflows, identifying nuanced suspicious activity across customers and transactions by applying a combination of unsupervised and semi-supervised, without relying on predefined rules or labeled historical cases.
The “RegTech Platform of the Year” distinction highlights ThetaRay’s ability to process vast volumes of data while maintaining the “human-in-the-loop” control required by the EU AI Act. The end-to-end platform harmonizes transaction monitoring, sanctions screening, perpetual customer risk scoring and recently, agentic investigations.
A diverse ecosystem of financial institutions, from tier-one banks to global fintechs, relies on ThetaRay’s AI and insights to uncover fraud and money laundering networks across card payments, third-party transfers, and merchant monitoring.
“ThetaRay is redefining the ‘plumbing’ of global finance,” said Steve Johansson, Managing Director at FinTech Breakthrough. “While many talk about AI, ThetaRay has built a battle-tested detection engine that uncovers illicit finance at network scale. Their ability to merge deep-learning detection with visual analytics empowers professionals with precision and speed while preserving human judgment at the core of AML decisions. Congratulations to the entire ThetaRay team on winning ‘RegTech Platform of the Year!’ for 2026.”
“We are honored to receive this recognition, which validates our mission to lead the global fight against financial crime while ensuring the financial system is transparent and inclusive,” said Brad Levy, CEO of ThetaRay. “Our Cognitive AI infrastructure is built for the complexities of 2026, where risk moves at the speed of borderless, instant payments. By delivering precision detection and agentic investigation insights, we’re ensuring that compliance is no longer a bottleneck, but a competitive advantage for growth.”
The FinTech Breakthrough Awards is the premier awards program founded to recognize the FinTech innovators, leaders and visionaries from around the world in a wide range of categories, including Digital Banking, Personal Finance, Cryptocurrencies, Lending, Payments, Investments, RegTech, InsurTech and more. The 2026 program represents a milestone year, reflecting a decade of spotlighting the companies driving measurable innovation across the global financial technology ecosystem.
