Why AI Agents are replacing FCC outsourcing
Despite years of hype around AI, it has taken until recently for financial crime compliance (FCC) teams to meaningfully replace traditional outsourcing with intelligent...
BoE tests AI to detect novel fraud in real time
The Bank of England (BoE), in collaboration with the BIS Innovation Hub in London, has conducted a pioneering experiment using AI to detect fraud in retail payment systems.
Impart Security raises $12m to scale autonomous defence
Impart Security, a cybersecurity company pioneering AI-powered autonomous application protection, has raised $12m in a Series A funding round.
The investment was led by Madrona...
Scytale acquires AudITech to enhance SOX compliance suite
Scytale has announced the acquisition of AudITech, a specialist in SOX ITGC automation, as part of its expansion to offer a fully integrated enterprise...
Has the Omnibus Package impacted ESG regulations going forward?
The EU recently issued the Omnibus Package, including a number of changes aimed at reducing complexity and streamlining ESG-related regulations. However, were these changes needed?
Identity tech firm GBG partners with Moody’s for KYB checks
GBG, a global specialist in identity and location intelligence, has partnered with Moody’s, a leader in third-party risk management and compliance, to enhance business onboarding and Know Your Business (KYB) compliance through advanced identity verification technology.
Cybersecurity firm Melius CyberSafe raises £250k
Melius CyberSafe, a Newcastle-based cybersecurity platform that automates threat detection for businesses, has secured a £250,000 investment to support its continued growth.
Theta Lake unveils AI governance suite for compliance
Theta Lake, a leader in digital communications governance and archiving solutions, has announced the launch of its new AI Governance and Inspection Suite.
How prime brokers can automate tax compliance
As global tax regulations tighten, prime brokers are under increasing pressure to weave tax compliance into every stage of the client lifecycle.
According to TAINA...
Tyfone teams with AFS to tackle check and ACH fraud
Tyfone has joined forces with Advanced Fraud Solutions, a leading provider of fraud prevention tools, to combat rising fraud risks in commercial banking.
The partnership...