NICE Actimize revolutionizes financial crime fighting with new generative AI solutions
NICE Actimize, a leading provider of financial crime, risk, and compliance solutions, has unveiled a new suite of generative AI-based innovations.
NICE Actimize is at...
Accertify to provide advanced fraud protection for ASDA’s e-commerce platform
ASDA, a leading retail giant in the UK, has teamed up with Accertify, a subsidiary of American Express, known for its comprehensive fraud prevention solutions.
Innovative cybersecurity firm Dapple Security raises $2.3m to pioneer passwordless solutions
Dapple Security, a pioneering cybersecurity startup, has raised $2.3m in a pre-seed funding round, marking a crucial step in its mission to introduce a novel passwordless solution utilising biometrics to combat cyber threats.
Napier leads the way in FinCrime compliance with new Continuum offerings
Napier, a pioneer in global financial crime compliance RegTech, has expanded its offerings with two innovative solutions: Napier Continuum Live and Napier Continuum Flow....
How FinTechs can balance compliance and operational efficiency
In the realm of financial operations, staying compliant is paramount, especially under the scrutiny of regulatory bodies.
FCA launches inquiry into financial advisers’ ongoing services
The Financial Conduct Authority (FCA) has initiated a comprehensive survey involving 20 of the largest financial adviser firms.
Navigating the compliance maze: A guide to the CFPB’s Section 1071 Rule
Navigating the complexities of the Consumer Financial Protection Bureau's (CFPB) Section 1071 rule is crucial for financial institutions across the United States.
In an enlightening...
The role of AI in revolutionising KYC processes in 2024
The year 2023 highlighted the urgent need for KYC (Know Your Customer) automation and effectiveness, especially in volatile markets. Financial institutions faced significant challenges due to manual processes, prompting a shift towards innovative solutions. Optimizing data strategy and focusing on relevant attributes have become critical in navigating the financial landscape efficiently, ensuring optimal outcomes and reducing workload.
Clarity secures $16m in seed funding to combat Deepfakes with AI cybersecurity
Clarity, an innovative firm specialising in AI cybersecurity, has successfully secured $16m in seed funding. The round was led by prominent investors Walden Catalyst and Bessemer Venture Partners, marking a significant step forward for the company.
Verto partners with Resistant AI for groundbreaking document verification
Verto, the innovative cross-border payment platform catering to emerging economies, has announced a strategic partnership with Resistant AI, specialists in AI- and machine learning-powered financial crime prevention.