support@velocity.com

The Story Behind Velocity

From Idea to Global FinCrime Intelligence Platform

Velocity was founded in 2019 in Seattle with one mission: to help financial institutions fight financial crime with the speed and intelligence it demands. It all started with a small team of innovators (now a part of our founding team) who shared one vision:- Replacing slow, Traditional systems with an AI-powered AML tool that can think, adapt, and protect financial institutions in real-time.

Our first client boarded that same year, validating what we knew: the world needed a faster and more intelligent way to manage AML and fraud risk. From that first deployment to today, Velocity has evolved into a full-scale FinCrime Intelligence Platform, trusted by banks, fintechs, and SMBs across multiple industries.

Our team has grown from 5 to 90 professionals, each contributing to a platform that keeps getting sharper, adding new modules, deeper analytics, and more powerful detection capabilities every year.

Because at Velocity, innovation isn’t a milestone, it’s our mindset.

Velocity Through the Years - Our Journey of Innovation

2019

First client onboarded. Velocity’s AML Suite goes live with a first-of-its-kind hybrid behavioral monitoring approach for AML transaction monitoring.

2020

Introduced a pack of data tools, entity resolution and country resolution powered by Machine learning

2021

Expanded into the correspondent banking space with our first Bankers’ Bank client, helping banks advance toward resolution of a regulatory consent order through strengthened compliance and control framework. Fraud detection, risk scoring, and cannabis monitoring launched. The team grew to 30+

2022

Global expansion begins with the first money-transfer fintech client, by adding new industry verticals and onboarding more institutions. Fraud monitoring and crypto monitoring capabilities added. The team grew to 65+.

2023

Velocity 2.0 introduced, delivering improved performance, scalability, and intelligence across the platform. Enhancements to core AML and fraud workflows strengthened monitoring accuracy, investigation efficiency, and overall system resilience.

2024

Platform capabilities expanded with the introduction of the Country Risk module and Check Fraud Monitoring, broadening fraud coverage and strengthening cross-border and payment-related risk detection. iInvestigate was introduced as an AI-driven investigation solution, accelerating AML and fraud alert resolution by automatically compiling case context, correlating patterns, and generating structured, audit-ready investigation summaries.

2025

Introducing iInvestigate our AI driven investigation solution designed to accelerate Fraud and AML alert resolution while improving decision accuracy and consistency. It automatically compiles comprehensive case context, correlates patterns, and consolidates relevant data into a single investigation view. By generating structured, audit-ready iInvestigation summaries, iInvestigate reduces manual effort and strengthens regulatory defensibility.

2026

Velocity 3.0 marks a major evolution in how modern financial institutions manage risk and compliance. The next-gen smarter screening engine, deeper AI integration, unified AML, fraud suite, and data intelligence, and a more connected, scalable operating model built for modern financial institutions to meet today’s regulatory demands and tomorrow’s challenge. The team grew to 90+.

Each milestone reflects our drive to make compliance faster, smarter, and future ready.

Our Mission

Protecting trust in global finance.

Our mission is to protect trust in global finance by transforming how institutions detect, prevent, and respond to financial crime. In an era where fraudsters are smarter, regulations are tighter, and data is exploding, compliance teams face an impossible task: doing more with fewer resources.

That’s where Velocity comes in. We help financial institutions fight back with intelligence, combining AI, analytics, and deep domain expertise to identify suspicious activities before they become a headline.

Our Approach

Every organization is unique, and so is every threat.

Velocity brings together adaptive AI, behavioral analytics, and real-world compliance expertise to stay ahead of evolving financial crime. Our platform learns continuously, connects hidden patterns, and helps institutions act before risks turn into losses.

That’s how we approach financial crimes.

AI Technology + Expertise = Real Results

Leadership Team

Meet the minds behind Velocity’s intelligence. Our leadership team combines decades of experience in AI, risk management, compliance, and technology, united by a shared mission to reshape how the world combats financial crime.

Richard Paxton

Chief Executive Officer

Sanjay Avasthi

Chief Operating Officer

Vineet Mishra

Chief Product Officer

Thomas Pirro

Global Head of Sales

Together, they’ve built Velocity into a trusted FinCrime intelligence platform, one grounded in innovation, integrity, and impact.

Certifications & Compliance

Velocity meets the highest standards of data protection and operational excellence. We take compliance as seriously as the clients we serve, ensuring every product we build stands on a foundation of trust and security.

SOC 2 Type II Certified
ISO 27001 Certified

Awards & Recognitions

A growing list of milestones, recognitions, and industry rankings that mark the work behind Velocity, and the clients who’ve trusted us along the way.

Inside Velocity Team: Highlights & Moments

Explore the conversations, collaborations, and moments that bring the Velocity team together. From leadership discussions and offsite gatherings to knowledge-sharing sessions and team achievements, this space offers a glimpse into the experiences that shape the Velocity culture. Discover the people, ideas, and perspectives that drive innovation, teamwork, and success across Velocity. Together, we celebrate the passion, dedication, and shared vision that power our journey forward.

Our Values

What drives us every day

Integrity First

Because trust is our strongest currency.

Client Centricity

Your risk is our responsibility.

Data Ethics

Privacy, transparency, and accountability are non-negotiable.

Collaboration

We believe the best defenses are built together.

Join US

Let’s redefine the future of financial crime prevention. We’re always looking for curious minds, innovators, and believers in doing things the right way, faster.

If you’re passionate about AI, compliance, and making financial systems safer, there’s a place for you at Velocity.

Explore careers

Let’s Talk

Ready to combat financial crimes?

Whether you’re building a new compliance framework or modernizing an existing one, Velocity is the trusted partner to help you get there, securely and intelligently.

Contact Us