Safe Banking Systems Wins TAG FinTech ADVANCE Award
Award honors technology companies that demonstrate success through innovation
MINEOLA, NY, May 16, 2018 – Safe Banking Systems, a provider of anti-money laundering and compliance solutions, today announced that it received a FinTech ADVANCE award from the Technology Association of Georgia (TAG) in recognition of the company’s contribution to moving the financial industry forward through innovation. Awards were presented at the FinTech South conference held in Atlanta, May 7-8, 2018.
The second annual TAG FinTech ADVANCE awards recognize technology companies that have revenues, an existing client base and can demonstrate tangible results through innovation. Safe Banking Systems’ commitment to combating financial crime through innovative technologies such as those used in its flagship offering, SAFE Advanced Solutions Visual Intelligence Platform®, contributed to the company’s win.
“Money launderers, fraudsters and other bad actors have become astute at using the banking system to hide their ill-gotten gains, putting the financial and reputational assets of institutions at risk,” said David Schiffer, President & CEO of Safe Banking Systems. “Our solutions leverage artificial intelligence and other advanced technologies to help clients identify, assess and mitigate these risks. We are honored to be among the six companies recognized by TAG for the value our innovative solutions bring to the financial industry.”
Safe Banking Systems develops and markets its anti-money laundering and compliance solutions from its New York headquarters and a recently expanded development and operations center near Atlanta, reflecting the company’s recognition of Georgia as a major player in the growth of the technology industry.
About Safe Banking Systems
Safe Banking Systems provides innovative anti-money laundering and compliance solutions that enable institutions to identify, assess and manage risk across the enterprise. By reaching across business silos, SBS combats financial crime and finds the bad guys. SBS’ AML solutions solve key Know Your Customer, Customer Due Diligence and Enhanced Due Diligence issues. The patented risk ranking methodology and probability scoring in SAFE Advanced Solutions Visual Intelligence Platform® builds on SBS’ award-winning technology to bring greater intelligence for entity resolution to clients worldwide. For more information, visit www.safe-banking.com.
Contact: Carol Stabile, CAMS
Chief Sales & Marketing Officer
Safe Banking Systems