Beyond rules-based systems: The future of AML compliance with AI and federated learning
From traditional methods to advanced AI technologies, anti-money laundering (AML) compliance has experienced significant transformation.
Understanding the impact of the SEC’s Marketing Rule on financial advisors in 2024
In late 2022, the SEC implemented Rule 206(4), marking a significant change in compliance requirements for Investment Advisers (IAs).
Relyance AI’s $32m funding boost aims to revolutionize AI data governance in enterprises
Relyance AI, a leader in AI-powered data governance, announced a significant $32.1m Series B funding round led by Thomvest Ventures, with substantial contributions from M12, Microsoft Ventures Fund.
TD Bank faces $3bn fine for historic AML compliance failures
TD Bank has been slapped with a staggering $3bn fine after admitting to breaches of US anti-money laundering regulations.
How financial institutions can leverage AI to transform data into gold
Data management remains a pivotal challenge for financial institutions, encompassing a myriad of complexities.
Mastering KYC compliance: Strategies for Australian businesses
In today's digital landscape, the importance of identity verification extends beyond mere procedure; it's a critical safeguard against escalating fraud risks.
How ACA’s ComplianceAlpha RegTech platform ensures total communication oversight
As the regulatory landscape tightens its grip on digital communications, the imperative for exhaustive capture and archival of electronic dialogues grows increasingly critical.
HUMAN raises over $50m to bolster digital safety and combat online fraud
HUMAN, a leading cybersecurity firm, announced today that it has secured over $50m in growth funding.
The investment round was spearheaded by WestCap, with significant...
Owl Cyber Defense secures strategic refinancing from Marathon Asset Management
Marathon Asset Management has successfully closed a senior-secured credit facility aimed at refinancing Owl Cyber Defense, a firm recognized for its leadership in Cross Domain Solutions (CDS) and Data Diode technology.
Prime Security raises $6m to pioneer AI-driven design-stage security solutions
Prime Security, a pioneering security firm, has just transitioned from stealth mode.