Israel
Scanovate, founded in 2013, is a promising player in the Fintech landscape, headquartered in Israel. Their flagship product, B-Trust, revolutionizes data collection and integration processes with minimal customer friction, while ensuring robust data governance and lineage.
The solution provides end-to-end support for data gathering, enabling integration into banking core systems without the burdensome need for extensive professional services projects. Notable features include fraud detection, AML risk assessment across business lines, and comprehensive list and sanction screenings. These offerings position Scanovate as a versatile ally for financial institutions navigating compliance and fraud prevention.
The company benefits from a growing marketplace of auxiliary services to enhance business compliance. Management dashboards powered by machine learning provide actionable insights for continuous improvement. A significant milestone in its growth trajectory was the Series A investment on April 16, 2018, led by Global Fintech Solutions.
