A step-by-step guide to AI implementation in financial crime compliance
AI is increasingly becoming a focal point of discussion, particularly in how compliance departments within financial institutions prepare to adopt AI technologies for client screening and align with necessary regulatory standards.
HKMA spearheads Project Ensemble to revolutionise tokenisation standards
The HKMA has announced the establishment of the Project Ensemble Architecture Community, aiming to collaborate with the industry to shape standards and provide suggestions for developing Hong Kong’s tokenisation market.
Nudge Security secures $16.5m funding to tackle SaaS security challenges
Nudge Security has recently announced the successful closure of its seed funding round, bringing in a total of $16.5m.
TXOne Networks bolsters industrial cybersecurity with $51M Series B extension
TXOne Networks, a startup specializing in safeguarding ICS and OT environments, has secured a significant boost of $51 million in early-stage financing.
Akamai strengthens cybersecurity arsenal through Noname acquisition
Akamai Technologies, a cloud firm known for powering and safeguarding online activities, has announced its intent to acquire Noname Security.
Wiz surges to $12bn valuation following staggering $1bn funding raise
Wiz has cemented its position as a major player in the cyber sector, raising a huge $1bn in its latest funding round, valuing the company at $12bn.
Novibet and FullCircl’s W2 forge new paths in digital compliance for enhanced customer safety
Novibet, a global leader in online betting, has announced a new partnership with FullCircl’s identity solutions platform, W2, to enhance its digital compliance capabilities.
Corlytics bolsters global leadership by acquiring Deloitte UK’s RegTech platform
Corlytics, a leading global player in regulatory intelligence and automated policy compliance, has acquired a groundbreaking digital RegTech platform from Deloitte UK.
The acquisition aims...
How will risk management practices evolve in the Gen AI era?
The introduction of Gen AI has changed the game in countless ways. Industries that believed they were attuned to the long-term development of their market are now left viewing a future that is certain to be uncertain – and incredibly technologically disruptive.
HKMA introduces groundbreaking taxonomy for sustainable finance
The HKMA has unveiled the Hong Kong Taxonomy for Sustainable Finance, which is aimed at defining environmentally sustainable economic activities.
This initiative seeks to provide...
