New York Life taps Norm Ai to modernise compliance with AI
New York Life has partnered with artificial intelligence company Norm Ai as part of a broader effort to modernise and scale its compliance capabilities.
Supported...
Why explainable AI is becoming essential for AML teams
As financial institutions accelerate their use of artificial intelligence to combat financial crime, explainability has moved from a technical consideration to a strategic priority.
The...
osapiens hits unicorn status after $100m Series C round
osapiens, an enterprise software provider focused on sustainable growth, has announced a $100m Series C funding round that values the company at unicorn status.
The...
Enterprise AI security platform WitnessAI raises $58m
WitnessAI has raised fresh capital totalling $58m as demand accelerates for tools that allow organisations to deploy AI with confidence and regulatory oversight.
The company...
From onboarding to oversight: the new AML bar for lenders
For years, many lenders operated on the assumption that strong onboarding controls and sensible handling of suspicious cases would satisfy regulators.
According to Salv,...
Software security platform Aikido Security raises $60m
Aikido Security has reached unicorn status following a significant new funding round totalling $60m.
The company hit a $1bn valuation following investment, which was led...
How data is reshaping forced labor risk assessment
Forced labor risk has become a critical issue for organisations operating across global supply chains, from banks and retailers to manufacturers and logistics providers....
Risk decisioning platform Monnai bags $12m investment
Monnai, a global identity and risk data infrastructure company, has secured fresh capital of $12m in a equity funding round.
The round was led by...
Applied AI security startup depthfirst bags $40m funding
depthfirst, an applied AI lab focused on software security, has announced a new funding round and has raised $40m in a Series A.
The round...
Why fraud management is the backbone of effective fraud controls
Fraud management is often discussed in abstract terms, yet few organisations stop to examine how well they actually manage fraud once risk signals appear....
