Companies

AI strategy and governance are integral parts of broader business frameworks, adapting traditional models to include principles essential for deploying AI.

Banks continually face significant hurdles in onboarding clients, a process often marred by inefficiencies and regulatory complexities.

In an in-depth discussion this month with The Fintech Times, experts including Lucy Huntley from FullCircl, addressed some of the most pressing challenges that compliance teams face in the FinTech sector. They also explored potential solutions that could ease the compliance burden and enhance fairness and safety within the industry.

The HKMA has initiated the Sustainable Finance Action Agenda (Action Agenda), announcing a strategic vision to solidify Hong Kong's role as the top sustainable finance hub in Asia.

Reality Defender, a startup specializing in detecting deepfake and AI-generated media, has secured $33m in its Series A funding round.

SmartSearch, a UK provider of digital compliance and AML solutions, recently announced a significant expansion of its executive leadership team.

Consilient examines the de-risking trend, which involves financial institutions exiting markets and cutting ties with client categories to mitigate financial crime risks.

Recent regulatory developments have underscored the necessity for investment firms to ensure the protection of their clients' interests diligently.

The FTA, a consortium that includes FinTech companies like Klarna, has initiated a lawsuit against the CFPB in the U.S. District Court in Washington D.C.

Sophos and Secureworks, two names in the cybersecurity sector, have entered into an agreement where Sophos will acquire Secureworks.