How AI is transforming AML compliance and reducing false positives
In the realm of anti-money laundering (AML) compliance, the challenge of managing false positives remains a significant concern, a sentiment echoed by a compliance leader during a recent AI-centric webinar.
Trustly transforms European logins with launch of new biometric technology
Trustly, a global leader in Pay by Bank solutions, has just unveiled its latest innovation, Trustly ID in Europe.
Vanquis Banking Group teams up with FinScan to boost AML capabilities
Vanquis and FinScan, a leading provider of AML compliance solutions from Innovative Systems, have entered into a partnership.
FS-ISAC publishes essential AI guidance for financial sector stability
FS-ISAC, a crucial non-profit organization enhancing cybersecurity in the global financial system, has released a pivotal guidance document titled "Charting the Course of AI: Practical Considerations for Financial Services Leaders."
What is the double-edged sword of AI in compliance?
The landscape of compliance is evolving rapidly, and gone are the days when compliance officers solely relied on manual processes and traditional methods. Artificial intelligence (AI) is redefining the field, offering significant advancements in efficiency and automation, alongside introducing new complexities and regulatory concerns.
How Thailand’s banks are using biometric tech to fight cybercrime
As digitalisation accelerates, mobile banking has become the dominant access channel for financial services, particularly among younger consumers. With this shift, financial institutions are...
Charm Security raises $8m to launch AI-powered customer protection platform
Charm Security, an AI-powered customer security platform, has launched from stealth with a mission to protect organisations and individuals from scams, social engineering, and other forms of human-centric fraud.
Canadian digital risk platform Styx Intelligence raises $2.7m to combat AI-driven threats
Styx Intelligence, a Canada-based cybersecurity company specialising in AI-driven digital risk protection, has closed an oversubscribed $2.7m seed funding round.
AuditBoard and EY launch UK Centre of Excellence to modernise risk management
AuditBoard and EY have expanded their alliance to bolster risk management services across the UK and Ireland.
How Kidbrooke helps firms turn ESG compliance into strategic advantage
Sustainability has evolved from a fringe concern to a central pillar in financial services strategy. With the demand for transparency and accountability rising, financial institutions are under increasing pressure to integrate environmental, social, and governance (ESG) factors into every level of decision-making. Data management, climate scenario modelling, and ESG analytics are becoming critical tools in the journey toward sustainable finance.
