Who We Are
Money laundering is a multi-trillion dollar industry and bad guys are using state-of-the-art technology to victimize people and defraud businesses.
Detection and investigation techniques used to fight these crimes are more than 20 years old. MinervaAI provides 21st century technology to financial crime fighters.
MinervaAI was designed and developed by former Anti-Money Laundering executives and powered by an experienced academic in the field of deep learning and Artificial Intelligence. MinervaAI weaves together regulatory and operational expertise with cutting edge technology.
Our mission is to put bad money out of business.
We will transform the practice of financial crime risk management from an ‘after the fact’ exercise to real-time risk assessment, with rich, relevant data, and predictive risk intelligence in a responsive construct.
MinervaAI’s culture is built on saying what we mean, meaning what we say and being impeccable with our word. We are responsible for our words and actions and their impact on others. There is no room for disrespect and discrimination but infinite room for diversity and daring. We like our policies, processes and procedures tight and to the point. We always ask ‘what problem are we trying to solve’ before we create solutions. Our value is measured by the efficiency and efficacy with which our clients can identify and disrupt financial predators.
CEO & Co-Founder
Jennifer Arnold is our resident regulatory nerd and all around financial crime enthusiast. Her leadership roles in financial crime and compliance teams at Bank of Montreal, CIBC and Wells Fargo Canada were the inspiration for MinervaAI.
CTO & Co-Founder
Damian Tran has a Masters of Science and during his time in cancer research he developed deep learning methods to increase throughput and success rates of new drug discoveries. He created proprietary deep learning engines to expand on existing capabilities and confer powerful abilities to MinervaAI.
COO & Co-Founder
Victor Tay has an Electrical Engineering Degree, and is our data expert. He has 15+ years in the AML and Financial crimes space. He is the former Chief Anti-Money Laundering officer and VP Risk Services at Wells Fargo Canada, and was the head of AML Solution and Strategy at CIBC.