A deep dive into the EU’s new AML package
The European Union (EU) has made a significant leap forward in the fight against money laundering and terrorist financing with a provisional agreement on an anti-money laundering (AML) package. This agreement, pending full approval, is set to fortify the EU's financial system and protect its citizens by introducing sweeping changes across various sectors.
4 critical AML use cases for AI
The relentless advancement of artificial intelligence (AI) in banking is a game-changer in the ongoing war against financial crime. Financial institutions of every size are turning to AI to bolster their anti-money laundering (AML) capabilities.
TAINA’s 7 steps to successful data migration
In the realm of financial services technology, navigating through legacy systems and enhancing data quality are pivotal concerns that most organisations grapple with. TAINA, a leader in this field, acknowledges these challenges and has dedicated extensive efforts to develop a suite of tools and methodologies aimed at simplifying the data migration process.
Enhancing onboarding: The strategic edge in bank customer due diligence
In the competitive landscape of banking, customer onboarding emerges as a pivotal phase, with customer due diligence standing at its core. When managed poorly, the onboarding process can deter potential clients, causing banks to miss out on new revenue streams. Conversely, hasty or inaccurate due diligence could lead to the acquisition of customers who pose commercial and reputational risks, potentially incurring hefty regulatory fines.
Kooperativa partners with Resistant AI to revolutionise fraud detection in insurance claims
Kooperativa, a leading insurer part of the Vienna Insurance Group, has embraced Resistant AI's Document Forensics technology to combat fraudulent insurance claims.
EBA seeks input on hedge standards for banking sector
The European Banking Authority (EBA) has initiated a public consultation regarding its draft Regulatory Technical Standards (RTS) focused on the criteria for identifying hedging...
ESMA calls for new voices in European Capital Markets
The European Securities and Markets Authority (ESMA), the regulator and supervisor for the EU's financial markets, is currently on the lookout for new members to join its Securities Markets Stakeholder Group (SMSG).
Automating endpoint security: NinjaOne raises $231.5m in its Series C
NinjaOne, a forefront player in the IT management sector known for its endpoint management, security, and visibility solutions, has successfully secured a $231.5m Series C funding.
New threat intelligence report reveals 704% increase in face swap attacks
There has been a staggering 704% increase in face swap attacks, a form of deepfake, from the first half (H1) to the second half...
Napier Continuum now available as plug-and-play hosted service
Napier, the London-based global financial crime compliance RegTech, is excited to unveil two new service offerings for its award-winning Anti Money Laundering (AML) platform,...