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Wayne, PA (July 19, 2018) – QuantaVerse, the first in the market with artificial intelligence (AI) solutions purpose-built for identifying financial crimes, today announced that banking leader, David Schwartz, has agreed to join the QuantaVerse Board of Managers. In addition to his service on the QuantaVerse Board, he will continue to serve as President and CEO of FIBA (Florida International Bankers Association), a non-profit trade association dedicated to fostering the growth of international banking through education, advocacy and networking. Schwartz’s appointment allows QuantaVerse to leverage his deep banking knowledge to enhance efforts to drive the adoption of QuantaVerse AI Financial Crime Solutions.

Schwartz has more than 35 years of international banking experience. Prior to serving FIBA, he was Senior Vice President and Manager of International Compliance Risk Management at Regions Financial Corporation where he was responsible for providing oversight, communication and direction to all lines of business for a range of issues including implementation of BSA/AML policies and procedures. Before his role at Regions Financial Corporation, he spent 20 years at Banque Sudameris holding numerous positions throughout the globe including Argentina, Monte Carlo and Miami.

“We’re excited to have David join the QuantaVerse Board of Managers and look forward to his insights and guidance. His deep-rooted international banking experience will be instrumental to the continued growth of QuantaVerse,” explained David McLaughlin, CEO and Founder of QuantaVerse. “We have no doubt that David’s addition will further advance our short and long-term strategic initiatives as we remain committed to helping solve our customers’ financial crime challenges.”

Schwartz previously served as Chairman of the Board of FIBA as well as Chair of the Miami-Dade County Public Schools Health Medical Advisory Committee. He received his Juris Doctorate from New York Law School and his B.A. in Government from Florida State University.

About QuantaVerse

QuantaVerse is the leader of artificial intelligence (AI) and machine learning solutions purpose-built for identifying financial crimes. QuantaVerse utilizes its AI Financial Crime Platform to reduce financial crime risk by identifying patterns and discerning anomalies that current approaches and systems regularly miss. The QuantaVerse solutions have helped customers more efficiently comply with AML (Anti-Money Laundering), KYC (Know Your Customer) and FCPA (Foreign Corrupt Practices Act) regulations. Most importantly, QuantaVerse is helping to rid organizations of money laundering and other financial crimes that support our greatest global ills – the drug trade, human trafficking, terrorism and political corruption. For more information, contact QuantaVerse at (610) 465-7320 or visit www.QuantaVerse.net.