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BNN Bloomberg·

Pelican AI brings 25 years of banking AI to faster, safer global payment screening

Summary

  • Pelican AI Corp (CSE: PEL) provides AI solutions for bank payment screening, financial crime compliance, & trade finance across 55+ countries.
  • CEO Nino Di Teodoro highlights the company's 25+ years of experience & its ability to reduce manual reviews by minimizing false alarms.
  • Case studies show straight-through processing rates of 96.8% at a US bank, 97.3% at a UK bank, 70% efficiency gain for a Canadian bank, & 80% efficiency for a German bank.
  • The company listed on the Canadian Securities Exchange on September 1, 2026, & secured $5 million in financing prior to the launch.
  • Fiscal 2025 results included C$13 million in revenue, a 71% gross margin, & $5 million in adjusted EBITDA.
  • The new Fraud Alerts Optimizer product launched in September 2026 & is currently piloting with select financial institutions.
  • Management targets 25% growth in revenue & adjusted EBITDA for 2027.
  • Growth strategies include expanding sales in the Americas, Europe, the Middle East, & Asia, pursuing acquisitions, & advancing the AI roadmap.
  • The firm has processed over 2 billion transactions valued at approximately $10 trillion using its proprietary AI technology.

Nino Di Teodoro, CEO of Pelican AI Corp., discusses how the company’s artificial intelligence helps banks screen payments for sanctions, money laundering, and fraud faster and more safely.