The compliance gap AI is finally positioned to close
Financial institutions collectively pour more than $300bn into compliance every year. That figure, drawn from research spanning global banking, insurance and asset management, has...
Why AI won’t replace compliance professionals – yet
Generative AI has rapidly embedded itself across industries, and compliance is no exception. Having recently completed a Generative AI Skill Sprint with UCD Professional...
Why AI compliance needs risk management from day one
The financial crime compliance sector is facing a pivotal moment. Criminal networks are estimated to have increased their use of artificial intelligence tools by...
Why AI explainability is now a regulatory imperative
A striking paradox has emerged from ComplyAdvantage's annual compliance survey: whilst 94% of compliance leaders believe existing and upcoming AI regulations will prove effective,...
Gray Swan raises $40m to make AI deployment secure
Gray Swan, an AI security company that originated from Carnegie Mellon University's AI safety research programme and is embedded in the safety evaluation processes...
How AI is exposing the KYC gap in regulated firms
Compliance teams at regulated firms are caught in a deepening bind. They are overwhelmed by repetitive, manual processes while AI-powered fraud evolves faster than...
NatWest taps Cleareye.ai to overhaul trade finance
NatWest has announced a strategic collaboration with Cleareye.ai, an AI solutions specialist for trade finance, to modernise its trade operations and bolster its financial...
AI won’t replace compliance officers — but this will
The question keeping compliance professionals awake at night is the wrong one. Whether artificial intelligence will make their expertise obsolete is a distraction, the...
Didit closes $7.5m seed to build AI identity layer
Didit, an AI-native identity and fraud infrastructure provider founded in 2023, has closed a total seed round of $7.5m after securing an additional $6m...
The hallucination risk hiding in your compliance stack
In June 2023, New York attorney Steven Schwartz submitted a legal brief citing six cases that simply did not exist. He had used ChatGPT...
