BANKiQ
- Company typePrivate
- Founded2018
- HeadquartersMumbai, India
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
BANKiQ firmographics
Firmographics- Name
- BANKiQ
- Website
- https://bankiq.co
- Company type
- Private
- Founded year
- 2018
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
BANKiQ industry classification
Industry- Product category
- Financial Crime Compliance Software
- akta.pro primary industry
- AML/CTF Transaction Monitoring & Case Management (FSAGAFAC)
- akta.pro secondary industry
- Fraud, Risk, KYC/AML & Compliance Platforms (BPAMAFAI)
Keywords
Where BANKiQ is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Markets served
BANKiQ business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
BANKiQ product offering
Product offeringCore offering
BANKiQ provides real-time fraud detection, risk management, anti-money laundering, and financial crime prevention services aimed at banks and financial institutions. The company combines transaction monitoring, AML controls, and broader financial crime compliance functionality into a software platform for institutional clients.
Differentiator
Problem solved
Functional benefit
Products and services
- Real-Time Fraud Detection Real-time fraud detection service for banks and financial institutions to identify and prevent fraudulent transactions as they occur.
- Anti-Money Laundering (AML) Solution
- Risk Management Platform
- Financial Crime Prevention Services
Companies that use BANKiQ
Customer profileIdeal customer profiles1 record
BANKiQ technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
BANKiQ partnerships and signals
Strategic signalRecent moves1 record
Expansion highlights2 records
BANKiQ competitors and assessment
Company assessmentEmerging players
- ThetaRay: ThetaRay provides AI-based transaction monitoring and AML for banks and payment providers, including cross-border corridors. It is an emerging peer with a similar AI-led AML story to BANKiQ.
- Feedzai: Feedzai is an AI-native riskOps platform offering real-time fraud and AML for banks and payments providers. It is an emerging direct competitor with a similar real-time, machine-learning-led positioning to BANKiQ.
- Featurespace: Featurespace provides adaptive behavioral analytics for fraud and AML, particularly in card and payments. It is an emerging direct peer focused on real-time, model-driven detection in banking.
- ComplyAdvantage: ComplyAdvantage offers AI-driven AML, sanctions, KYC, and transaction monitoring. It is an emerging direct peer in the AML and financial crime prevention space, often used by challenger banks and fintechs.
Broad incumbents
- Oracle Financial Services Anti Money Laundering: Oracle's financial crime suite is sold as part of its broader core banking and financial services portfolio to large tier-1 banks. It competes with BANKiQ for AML and financial crime budget, typically as part of a wider Oracle footprint.
Direct peers
- FICO Falcon: FICO Falcon is one of the most widely deployed real-time fraud detection platforms in the world, with deep penetration in card and payment fraud. It is a direct peer to BANKiQ's real-time fraud detection capability.
- NICE Actimize: NICE Actimize is a leading enterprise platform for AML, fraud detection, and financial crime compliance sold to global banks. It is the most direct functional competitor to BANKiQ across the same product categories.
- BAE Systems Applied Intelligence: BAE Systems Applied Intelligence provides NetReveal, a long-standing AML, fraud, and compliance platform sold to global banks. It is a direct functional peer in fraud and AML transaction monitoring.
- SAS Fraud Management / SAS Anti-Money Laundering: SAS sells enterprise fraud detection and AML platforms to large banks and financial institutions. It overlaps directly with BANKiQ's real-time fraud and AML positioning at a similar architectural level.
Regional players
- Clari5: Clari5 is an India-headquartered real-time fraud and AML platform sold primarily to Indian and Asia-Pacific banks. It is the closest regional peer to BANKiQ given overlapping geography, customer base, and real-time product positioning.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights4 records
Customer concentration
BANKiQ social profiles
Digital presenceBANKiQ financial estimates
Financial estimateRevenue estimate
Valuation estimate
BANKiQ leadership team
Management profileNumber of profiles
BANKiQ funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BANKiQ M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BANKiQ
What does BANKiQ do?
BANKiQ provides real-time fraud detection, risk management, anti-money laundering, and financial crime prevention services aimed at banks and financial institutions. The company combines transaction monitoring, AML controls, and broader financial crime compliance functionality into a software platform for institutional clients.
When was BANKiQ founded?
BANKiQ was founded in 2018. It employs 51 to 100 people.
Where is BANKiQ based?
BANKiQ is headquartered in Mumbai, India, in the Asia region.
Who are BANKiQ's main competitors?
Emerging players on record are ThetaRay, Feedzai, Featurespace and ComplyAdvantage. Oracle Financial Services Anti Money Laundering is listed as a broad incumbent. Direct peers are FICO Falcon, NICE Actimize, BAE Systems Applied Intelligence and SAS Fraud Management / SAS Anti-Money Laundering. Clari5 is listed as a regional player.
Does BANKiQ have an API?
No public API is recorded for BANKiQ.
What industry is BANKiQ in?
BANKiQ's product category is Financial Crime Compliance Software. Its primary akta.pro industry code is FSAGAFAC, AML/CTF Transaction Monitoring & Case Management, with a secondary code of BPAMAFAI, Fraud, Risk, KYC/AML & Compliance Platforms.