Effiya technologies - Latest News Update, Information, Photos & Videos on Effiya technologies at Lokmat Times

Joyalukkas Exchange one of the leading money exchanges houses in the Gulf has partnered with Effiya Technologies an Artificial Intelligence (AI) and Machine Learning (ML) solutions provider on AML/CFT compliance for greater efficiency and effectiveness in real-time screening transactions. They have a hybrid ensemble approach with seamless integration and better algorithms backed with machine learning models to generate the most accurate hits. The implementation of this technology has helped reduce the false positives to a greater extent without compromising potential matches by generate real-time alerts and hence empowering the overall compliance performance.Antony Jos - Managing Director, Joyalukkas Exchange quoting on this partnership said, "At Joyalukkas Exchange, adherence to compliance is non-negotiable and we don't like it be compromised at any level. We are diligent on this, to ensure a safe and secure experience for all our customers in line with Regulations and global AML standards. For us building a culture of effective compliance will always remain a critical factor. Our aim with this collaboration is to help and strengthen our responsibility and commitment as a regulated entity licensed by the Central Bank of the UAE to manage safe and secure transactions for our customers."This story is provided by BusinessWire India.will not be responsible in any way for the content of this article. (ANI/BusinessWire India)( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

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Business :Joyalukkas Exchange partners with Effiya Technologies to leverage Artificial intelligence in fight against Financial Crimes

Joyalukkas Exchange one of the leading money exchanges houses in the Gulf has partnered with Effiya Technologies an Artificial Intelligence (AI) and Machine Learning (ML) solutions provider on AML/CFT compliance for greater efficiency and effectivene ...