Building trust in AML AI with transparency and testing
AI is transforming AML, but one critical challenge persists: transparency. In regulated industries, credibility rests on explainability. If executives can’t understand a model, they...
Trump era sees sharp drop in finance enforcement
US regulatory enforcement in the financial sector has dropped sharply under the Trump administration, according to new findings from Wolters Kluwer.
The firm’s Regulatory Violations...
BoE governor calls for AI to strengthen supervision
Bank of England governor Andrew Bailey has said AI could play a vital role in helping regulators detect hidden risks within the financial services...
Zeidler warns against unchecked Legal GenAI
As Generative AI (GenAI) continues to weave itself into corporate operations, the debate around its use in legal and compliance work has grown louder....
Centralised CLM: the solution to KYC fragmentation
Know Your Customer (KYC) processes are the backbone of compliance across financial services, yet many organisations continue to rely on fragmented systems and disjointed processes.
RiskSmart chosen by Hippodrome to strengthen GRC
Hippodrome Casino has partnered with RiskSmart to enhance its risk and assurance function, marking a significant step for the iconic London venue as it...
Alloy launches AI-powered perpetual KYC solution
Alloy, a leading identity and fraud prevention platform provider, has launched a pKYC solution enhanced by AI insights.
The company, which works with global banks,...
Why regulatory compliance is vital for every business
For companies operating in today’s complex business environment, regulatory compliance has become a critical responsibility. Businesses across finance, healthcare, and technology face an evolving...
Cybersecurity firm Unit 221B secures $5m seed funding
Unit 221B, a threat disruption company specialising in actionable threat intelligence and cyber solutions, has closed a $5m seed funding round.
The financing was led...
Why ESG risk is now financial risk
The link between environmental, social, and governance (ESG) factors and financial performance has become impossible to ignore.
According to Opoint, a growing body of evidence...
