SINGAPORE, May 1, 2024 /PRNewswire/ -- APPRO, a digital
powerhouse that simplifies the onboarding journey in retail
banking, proudly announces the successful expansion of its
strategic partnership with Silent Eight, marking a continuation of
their shared commitment to accuracy, efficiency and real-time
decision-making capabilities in their Name Screening programs.
Silent Eight enables the fight against financial crime with
AI-powered detection and alert closure solutions across Name
Screening, Transaction Screening and Transaction Monitoring.
Embracing the early integration of AI-driven automation into
their financial crime programs, APPRO strategically fosters
sustained agility and growth across the UAE.
"APPRO is thrilled to expand our partnership with Silent Eight.
The early adoption of AI-driven automation is a testament to our
dedication to robust yet agile management of our financial crime
programs in the UAE's fintech landscape. Preventing financial crime
is of utmost importance to us and this strategic move positions us
to deliver even more value to our clients." Iftekhar Salim, CEO, APPRO.
"Silent Eight is proud of our continued collaboration with APPRO
and are honored to be a part of their mission. We look forward to
continuing to enable them for many years to
come." Matthew Leaney, CRO,
Silent Eight
About APPRO
APPRO is a digital powerhouse that enables customers to cut
through layers of daunting processes by offering an easy, paperless
and hassle-free way of solving financial problems and getting
access to the funds needed.
Partnered with leading banks such as Standard Chartered, HSBC
and Arab Bank, APPRO offer an easy and quick credit application
process that makes the on-boarding journey a breeze.
About Silent Eight
Silent Eight is a technology company that partners with
financial institutions to create solutions blending the best of
humans and the best of technology. Leveraging artificial
intelligence Silent Eight's Automated Alert Closure replicates
human reasoning and decision making based on historical data and
continuous learning. Silent Eight enables financial institutions to
reduce false positives, increase accuracy, and enhance auditability
of their compliance operations.
Silent Eight works with some of the largest banks and insurance
companies in the world, including Standard Chartered, HSBC, First
Abu Dhabi Bank and Emirates NBD. Silent Eight is headquartered in
Singapore and has offices in
New York, London, Warsaw, and Bangalore.
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