Skip to main content

Ripjar Significantly Expands in North America, Doubling U.S. Customer Base in the Past Year

Ripjar today announced a significant expansion of its North American operations to better serve its growing customer base and meet the increasing demand for its award-winning suite of AML and risk management products. Over the past year, Ripjar’s business has doubled as its tools promoting Straight Through Screening™ have become widely adopted across financial institutions and corporates of all sizes.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250916784281/en/

James Lin, Chief Innovation Officer, Ripjar

James Lin, Chief Innovation Officer, Ripjar

Ripjar has significantly strengthened its senior leadership presence in the U.S. with the appointments of James Lin as Chief Innovation Officer, and David Brooks as Senior Vice President of Customer Success. In addition, Ripjar has doubled its customer service team and increased its sales team by 5x.

Customers globally are realising the transformative impact of Straight Through Screening™, Ripjar’s advanced AI-driven capability purpose-built for AML compliance. By combining AI-native watchlist and adverse media screening with contextual and sentiment analysis, Straight Through Screening ™ delivers straight through processing rates of over 90% and achieves up to 99% true-positive detection. The approach significantly enhances compliance quality, enabling organisations to achieve double-digit improvements in false negative avoidance, substantial reductions in manual errors, and analyst productivity gains of up to 20x.

Commenting on the expansion, Tom Obermaier, CEO of Ripjar said, “Our growth in North America vindicates the power of our solutions in the world’s largest market. We believe our recent investments here in my home market will meet the growing demand for the results that our AI product suite produces. By strengthening our leadership and teams on the ground with proven North American talent, we are better positioned to deliver the innovation and support our customers expect."

Ripjar’s products are leaders across the AML spectrum. Ripjar’s solutions empower some of the world’s largest financial institutions to process millions of screenings seamlessly, improve decision quality, and strengthen oversight across global operations. Regional financial institutions enjoy the quality and productivity enhancements Ripjar’s products provide, affording them the ability to produce a “big firm” outcome at a reasonable cost. Corporations of all sizes embrace Ripjar’s efficiency, oftentimes reducing workloads by 90%.

Ripjar won the “Financial Crime Product of the Year 2024” technology award from Risk. Its leadership in the field has been recognised by Chartis, naming the company Category Leader for Adverse Media Monitoring Solutions 2025 and Category Leader for Name & Transaction Screening Solutions 2025. “Ripjar’s position in the rankings reflects the strength of its proprietary analytics, particularly its matching methodology,” said Sid Dash, Chief Researcher at Chartis. “Ripjar has also built full workflow and automation capabilities around its analytical, matching and data capabilities, enhancing the usability of its solution.”

Ripjar will be showcasing its latest innovations, including Straight Through Screening™, at ACAMS Las Vegas 2025, where the team will be available to discuss how its award-winning solutions are helping firms transform their compliance operations.

About Ripjar

Ripjar harnesses cutting-edge AI to transform overwhelming data, both structured and unstructured, into precise, actionable insights. With the ability to integrate diverse data from any source, Ripjar’s tools cut through the noise, enabling organisations to detect risks and uncover hidden threats with unmatched accuracy. Built on a decade of expertise rooted in national security and advanced AI technologies, Ripjar’s technology empowers global organisations to find the needle in the haystack and make critical decisions with confidence.

Visit ripjar.com and follow @Ripjar on LinkedIn.

By strengthening our leadership and teams on the ground with proven North American talent, we are better positioned to deliver the innovation and support our customers expect.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.