RegTech and AI cut advice firm compliance time by 50%
A new benchmark report by RegTech company Model Office has found that the average financial advice firm spends around 13 hours per week –...
Why PRAUC is the true test of AML model performance
Is PRAUC the gold standard for AML model performance? Many compliance teams are now asking this question as they seek a clearer picture of...
Automation key as Finland tightens FATCA rules
Finland’s financial institutions are facing another gruelling January reporting season after the Finnish Tax Administration introduced tighter FATCA and CRS requirements.
Unlike most jurisdictions...
Cybersecurity firm Flare secures $30m in Series B
Flare, a Canadian cybersecurity company specialising in TEM, has raised $30m in fresh funding to accelerate product development and strategic acquisitions.
The new capital includes...
From silos to systems: how firms unify risk
In an age where risks are converging and spreading faster than ever, Moody’s has released a new thought leadership study exploring the rise of...
Government launches AI skills review in finance
The UK government has tasked the Financial Services Skills Commission (FSSC) with leading a landmark study into AI and technology skills within the financial...
Armis raises $435m to boost cyber exposure security
Armis, a leading cyber exposure management and security company, has closed a $435m pre-IPO funding round, bringing its valuation to $6.1bn.
The round was led...
Teleskope secures $25m to boost AI-driven data defence
Teleskope, a company redefining data security for the AI era, has raised $25m in Series A funding to accelerate adoption of its agentic data security platform.
Theta Lake report exposes AI governance challenges
A new report from Theta Lake has revealed that almost all organisations are adopting AI in their workplace communications, yet the vast majority are...
How federated AI can stop Chinese money laundering
Financial institutions continue to invest heavily in compliance technology, spending billions each year to strengthen their ability to detect and prevent financial crime. Yet...