Costa Rica sets benchmark in sustainable finance with new taxonomy
Costa Rica is set to publish its sustainable finance taxonomy on 14 August, a key development in the country's effort to enhance the local sustainable finance market.
Revolutionising AML compliance with AI-driven KYB strategies
AI-enhanced KYB is now revolutionising the traditional, often manual due diligence methods seen in the industry RegTech firm RelyComply has recently discussed.
How UK financial firms can improve their approach to PEP regulations
The FCA has recently completed its review on how PEPs, including Members of Parliament, public servants, and their relatives and close associates (RCAs), are handled by financial services.
AU10TIX unveils cutting-edge AML solution
AU10TIX, a leading global technology company in identity verification and management, announced today the release of its sophisticated anti-money laundering (AML) solution.
This innovative product...
Santander launches AI deepfake awareness campaign amidst rising scam concerns
Santander, a leading global bank, has announced a new initiative to combat the growing threat of AI deepfake scams.
The campaign highlights the increasing risk...
How is AI transforming risk management?
In an era where the proliferation of digital technology is continuing to ramp up considerably, ensuring risk is sufficiently managed in this new sphere is vital. How has the onset of AI transformed this battle?
EU directive sets new standards for environmental and financial reporting
The European Union's Corporate Sustainability Reporting Directive (CSRD) now requires companies to conduct a 'double materiality' assessment.
CISA steps up AI game with Lisa Einstein as new chief AI officer
The Cybersecurity and Infrastructure Security Agency (CISA) has announced the appointment of its first Chief Artificial Intelligence Officer, Lisa Einstein.
The transformative power of AI in compliance
The integration of AI within compliance frameworks is revolutionising how companies process vast amounts of data, bringing unprecedented efficiency and effectiveness.
Five major hurdles financial institutions face in client onboarding
A survey conducted by Muinmos has shed light on the significant hurdles financial institutions face during client onboarding.
