Pan-African Payment and Settlement System (PAPSS) selects Thetaray’s Ai-powered Aml Solution to support its mission to promote the growth of cross-border payments on the African continent

ThetaRay, the leader in next-generation AI-powered transaction monitoring, sanctions screening and customer risk assessment, announced today that PAPSS, the Pan-African Payment and Settlement System, selected ThetaRay as its Anti-Money Laundering (AML) and screening partner as it works to revolutionize the settlement of cross-border payments in Africa, estimated to be valued at over $200b.

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