GrammaTech secures $1m in DARPA AI Cyber Challenge for cybersecurity innovation
GrammaTech, a premier cybersecurity service and software development tool provider, has achieved a significant milestone by being one of the winners in the Defense Advanced Research Projects Agency (DARPA)'s Artificial Intelligence Cyber Challenge (AIxCC).
Singapore’s central bank weighs AI’s pros and cons in policy making
The MAS recently offered insights into how AI and machine learning (ML) technologies are shaping the future of policy development.
US leads historic UN Resolution to democratise artificial intelligence
The United States has taken a pioneering role at the United Nations with its proposal for the first-ever resolution focused on AI.
Nozomi Networks clinches $100m in Series E funding
Nozomi Networks, a front-runner in operational technology and IoT security, has successfully closed a $100m Series E investment round.
Combating business email compromise: Strategies for financial firms
In the ever-evolving landscape of financial crimes, firms across the globe are grappling with the challenge of safeguarding their operations and reputation. Among the myriad of schemes that threaten the integrity of financial institutions, Business Email Compromise (BEC) stands out for its cunning simplicity and potentially devastating impact.
Klarna faces $733,000 GDPR fine for inadequate data information
In a landmark ruling, Swedish payments giant Klarna has been fined 7.5 million crowns ($733,000) for breaching the European Union's GDPR.
How the latest AML/CFT proposals will reshape investment advisory
The world of finance is on the brink of a significant transformation, especially for investment advisors in the United States. On February 15th, 2024, a pivotal announcement was made by the Financial Crimes Enforcement Network (FinCEN) that is set to redefine the landscape of anti-money laundering (AML) and counter-financing of terrorism (CFT) compliance.
Clearstream partners with Intix to revolutionise transaction data management
Clearstream, a prominent post-trade service provider part of the Deutsche Börse Group, has announced a strategic partnership with Intix, a specialist in data solution management.
Europe leads with landmark AI Act: Safeguarding rights and fostering innovation
In a significant stride towards regulating artificial intelligence (AI), the European Parliament adopted the Artificial Intelligence Act in a bid to ensure safety and compliance.
Sumsub and Chainalysis join forces to revolutionise compliance and Security
Sumsub, a global leader in full-cycle verification, has announced a strategic partnership with Chainalysis, the forefront of blockchain data analysis.
