GenAI in UK Finance: Balancing innovation with risk management
A UK Finance survey has revealed that a majority of UK financial services firms are actively piloting the use of GenAI.
Flagright and Hello Clever link to fortify real-time payment security in Australia
Flagright and Hello Clever, an Australian FinTech firm known for its real-time payments platform, have announced a strategic partnership.
UK government set date for consult on new captive insurance regs
The UK government has revealed that they are set to consult on the introduction of a regime for captive insurance companies in spring 2024.
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Regnology unveils innovative AI tools to transform regulatory communication
Regnology has recently announced the launch of two groundbreaking products, Rconnect and Regnology ChatBot.
Morgan Stanley slapped with $6.5m fine for customer privacy breach
Morgan Stanley recently faced a substantial security lapse leading to a $6.5m settlement that arose from the company’s negligent disposal of hardware.
GRI sets new benchmarks for climate and energy disclosures
The GRI has unveiled new draft standards aiming to enhance corporate transparency in disclosing climate change transition plans and energy transition initiatives.
Lasso Security bags $6m in seed funding to advance LLM cybersecurity
Lasso Security has emerged from stealth mode and announced a significant milestone in its growth journey of $6m.
Fenergo report highlights US investment banks’ struggle in fighting financial crime amid limited resources
Fenergo‘s 2023 KYC Banking Trends Report has unveiled a concerning reality for US investment banks grappling with financial crime mitigation and regulatory compliance, as...
Ripjar revolutionises compliance with groundbreaking AI summaries for risk screening
Ripjar, renowned for its expertise in monitoring and investigating threats, risks, and criminal activities, has announced it now combines generative AI technologies with its risk profile capabilities.
Central Bank of Cyprus embraces digital transformation with Aqubix’s KYC Portal CLM
The Central Bank of Cyprus (CBC) has taken a significant step towards modernising its banking sector by awarding a tender to a joint venture between Aqubix and Infocredit Group.