Ushering a New Era in FinTech with Aveni’s NLP-powered QA Innovation: The Age Partnership...
Aveni, an AI solutions company, has partnered with UK-based Age Partnership, a leading equity release advisory firm, to revolutionise their Quality Assurance (QA) monitoring capacities. This strategic collaboration aims to enhance QA monitoring in terms of coverage, speed, and precision.
Avalara’s new ChatGPT plugin revolutionises sales tax calculation
Avalara, headquartered in Seattle, is a global innovator in tax compliance automation for businesses of varying sizes. Today, Avalara disclosed the integration of its trailblazing plugin with ChatGPT, a first of its kind endeavour by a tax compliance software provider.
WealthArc: Streamlining FIDLEG Compliance for FinTech Firms
WealthArc, a major player in the WealthTech industry, has recently highlighted key components of the Financial Services Act (FinSA) or FIDLEG compliance and how its platform aids companies to meet the Swiss Financial Market Supervisory Authority's (FINMA) expectations.
Driving Financial Crime Detection: The Innovative Adoption of RegTech Tools
Embracing cutting-edge financial crime detection technology is critical for Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) and Fraud teams.
Levine Leichtman Capital Partners boosts RegTech space with investment in cleversoft
Levine Leichtman Capital Partners (LLCP), an international private equity firm, has made a significant investment in cleversoft Group, a top-tier provider of regulatory software for the financial services sector.
Revolutionising Compliance Efficiency with Hawk AI
A familiar predicament haunts the global payments landscape: can financial institutions outgrow their compliance issues without stretching resources to the breaking point? Scaling staff...
Can blockchain and GDPR harmoniously coexist?
Navigating the intricate relationship between blockchain technologies and data protection regulations, especially the General Data Protection Regulation (GDPR), has proven challenging. OMNIA has explored how blockchain and GDPR can work together.
Exploring the Impact of Generative AI on Compliance
For the past five months, it has been difficult to avoid talk of generative AI. The technology has captured the imagination of people and they’re either optimistic about how it will transform business productivity or see them out of a job. The question is, how will it transform compliance?
Firms unprepared for FCA’s Consumer Duty deadline, warns Bovill
With the Financial Conduct Authority's (FCA's) Consumer Duty deadline just 50 days away, almost half of firms are unsure about the implementation timeline, a new Bovill survey indicates.
Navigating the minefield of personal accountability in the digital era
In the rapidly evolving FinTech space, executive-level individuals across various organisations are finding themselves under the microscope. Theta Lake's Susannah Hammond recently explored the current minefield of accountability.
