- Salv’s inclusion recognises the firm’s growing contribution to helping banks, fintechs and payment service providers tackle financial crime
- Compiled by RegTech Analyst, the list celebrates companies transforming compliance, risk management, and financial crime prevention
- The Salv platform is the world’s first fincrime platform that facilitates intelligence sharing, providing a better way to proactively fraud as it happens, rather than reacting after the fact
- Taavi Tamkivi, Co-Founder and CEO at Salv, calls for 2025 to be the year that more companies get serious about intelligence sharing
Tallinn, Estonia - 11 December 2024: European Regtech scale-up Salv has announced its inclusion in the RegTech 100 for 2024; a prestigious annual list that recognises the world’s most innovative regtech companies.
Compiled by RegTech Analyst, the list celebrates companies transforming compliance, risk management, and financial crime prevention. A distinguished panel of analysts and industry experts examined a longlist of nearly 1,500 companies, with Salv making the final 100.
Salv’s solutions help over 100 financial institutions across Europe detect money laundering, share intelligence, and stop fraud. The firm’s unique intelligence sharing solution, Salv Bridge, enables banks, fintechs, and payment service providers to fight APP fraud more effectively and recover 80% more stolen funds.
“We’re super pleased to be recognised by the RegTech100 for championing collaboration in the fight against financial crime,” said Taavi Tamkivi, CEO and Co-Founder at Salv. “Collaboration is the future of our industry. It’s how we can actually beat financial crime for good.”
“The best fincrime teams are already exchanging intelligence on specific use cases such as authorised push payment (APP) fraud. But that’s just the start. Imagine how powerful it will be when every fincrime team in every organisation shares intelligence across all disciplines, from monitoring to sanctions? Criminals won’t stand a chance.”
“2025 is going to be pivotal. We’ll see companies switch from discussing collaboration to using it in daily operations, which is very exciting.”
Mariyan Dimitrov, RegTech Analyst Director of Research added: “As financial institutions get to grips with the challenges of staying compliant amid rapidly changing regulatory obligations, the importance of working with the right RegTech partner is becoming critical.
“This year’s RegTech100 list highlights the leading movers-and-shakers in areas such as communications surveillance, onboarding, risk management and financial crime prevention that are working at the frontline of innovation. Companies like Salv are proactively helping financial institutions stay ahead of regulatory updates, improve customer experience and bring operational efficiencies.”
Additional information
- Jacob Story
- Head of Content
- [email protected]
